Other Liabilities and Deferred Revenue (Tables)

9 Months Ended

Sep. 30, 2021

Other Liabilities [Abstract]

Schedule of Accrued Liabilities and Deferred Revenue [Table Text Block]

Other liabilities and deferred revenue were as follows (in millions):

	December 31, 2020		September 30, 2021
Current
Dealer and dealers’ customer allowances and claims	$	12,702	$	8,132
Deferred revenue	2,161		2,484
Employee benefit plans	1,752		1,587
Accrued interest	1,215		1,098
OPEB (a)	339		339
Pension (a)	193		192
Operating lease liabilities	323		335
Other	4,960		4,620
Total current other liabilities and deferred revenue	$	23,645	$	18,787
Non-current
Pension (a)	$	10,738	$	9,894
OPEB (a)	6,236		6,116
Dealer and dealers’ customer allowances and claims	3,072		4,368
Deferred revenue	4,559		4,675
Operating lease liabilities	991		966
Employee benefit plans	1,074		1,073
Other	1,709		1,716
Total non-current other liabilities and deferred revenue	$	28,379	$	28,808

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(a)Balances at September 30, 2021 reflect pension and OPEB liabilities at December 31, 2020, updated for: service and interest cost; expected return on assets; curtailments, settlements, and associated interim remeasurement (where applicable); separation expense; actual benefit payments; and cash contributions. For plans without interim remeasurement, the discount rate and rate of expected return assumptions are unchanged from year-end 2020. Included in Other assets are pension assets of $4.3 billion and $5.9 billion at December 31, 2020 and September 30, 2021, respectively.