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SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)
 3 Months Ended
Mar. 31, 2024
Accounting Policies [Abstract]  
Schedule of Contract with Customer Liability The following table summarizes the Company’s contract liabilities recorded by line item on the Condensed Consolidated Balance Sheets (in millions):
December 31, 2023March 31, 2024
Current portion of lease liabilities and other current liabilities$88 $91 
Other non-current liabilities133 158 
Total contract liabilities$221 $249 
Schedule of Product Warranty Liability
The following table summarizes the Company’s warranty and field service action reserve recorded by line item on the Condensed Consolidated Balance Sheets (in millions):

December 31, 2023March 31, 2024
Current portion of lease liabilities and other current liabilities$91 $68 
Other non-current liabilities184 249 
Total warranty reserve$275 $317 
The following table presents the warranty and field service action activity for the three months ended March 31, 2024 (in millions):
Three Months Ended
March 31, 2024
Beginning balance$275 
Warranties issued in period49 
Adjustments to pre-existing warranties6 
Warranty costs incurred(13)
Ending balance$317