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Note 7 - Other Liabilities - Schedule of Other Liabilities (Details) - USD ($)
$ in Millions
Sep. 30, 2024
Dec. 31, 2023
Wages and employee benefits $ 712 $ 609
Income taxes 80 69
Derivative instruments (Note 12) [1] 102 66
Deferred revenue (Note 3) 205 181
Customer deposits (Note 3) 179 148
Short-term operating leases 93 112
Other current liabilities 1,366 1,348
Other accrued liabilities 2,737 2,533
Defined benefit pension plan liabilities 719 721
Derivative instruments (Note 12) [1] 136 31
Deferred revenue (Note 3) 678 679
Customer deposits (Note 3) 1,009 1,083
Deferred tax liabilities 204 218
Long-term operating leases 840 846
Other non-current liabilities 1,202 1,131
Other liabilities $ 4,788 $ 4,709
[1] All of the Company’s derivative contracts are measured at fair value and are classified as Level 2 within the fair value hierarchy. Derivative assets are presented in Other current assets or Other assets. Derivative liabilities are presented in Other current liabilities or Other liabilities.