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Product Warranties
6 Months Ended
Jun. 30, 2024
Commitments and Contingencies Disclosure [Abstract]  
Product Warranties PRODUCT WARRANTIES
We offer warranties on the sale of most of our products and record an accrual for estimated future claims. Such accruals are based upon historical experience and management’s estimate of the level of future claims. The activity in warranty reserves for the three and six months ended June 30, 2024 and 2023, is summarized in the following table (dollar amounts in millions):
Three Months Ended June 30,Six Months Ended June 30,
2024202320242023
Beginning balance$$$$
Accrued to expense
Payments made— (1)(1)(1)
Total warranty reserves
Current portion of warranty reserves (included in accounts payable and accrued liabilities)(2)(2)(2)(2)
Long-term portion of warranty reserves (included in other long-term liabilities)$$$$
We continue to monitor warranty and other claims associated with our products and believe, as of June 30, 2024, that the warranty reserve balances associated with these matters are adequate to cover future warranty payments. However, it is possible that additional changes may be required in the future.