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Commitments & Contingencies (Tables)
 12 Months Ended
Dec. 31, 2024
Commitments and Contingencies Disclosure [Abstract]  
Changes in warranty liabilities
Changes in the company’s warranty liability for standard warranties, which are included in other accrued expenses and liabilities and other liabilities in the Consolidated Balance Sheet, and for extended warranty contracts, which are included in deferred income in the Consolidated Balance Sheet, are presented in the following tables.
Standard Warranty Liability
($ in millions)
20242023
Balance at January 1$65 $79 
Current period accruals82 84 
Accrual adjustments to reflect experience9 (14)
Charges incurred(81)(83)
Balance at December 31$76 $65 
Extended Warranty Liability (Deferred Income)
($ in millions)
20242023
Balance at January 1$184 $272 
Revenue deferred for new extended warranty contracts23 70 
Amortization of deferred revenue(113)(158)
Other (1)
(6)0 
Balance at December 31$88 $184 
Current portion$61 $110 
Noncurrent portion$27 $74 
(1)Other consists primarily of foreign currency translation adjustments.