Accrued Liabilities, Commitments and Contingencies (Tables)

9 Months Ended

Sep. 30, 2023

Commitments and Contingencies Disclosure [Abstract]

Schedule of Components of Accrued Liabilities

The components of Accrued liabilities are as follows (in millions):

	September 30, 2023		December 31, 2022
Settlement	$	90	$	180
Payroll and benefits	84		90
Unremitted cash collections due to banks on factored accounts receivable	82		130
Exit and restructuring	54		9
Customer rebates	38		55
Current portion of lease liabilities	38		37
Incentive compensation	31		100
Warranty	25		26
Freight and duty	10		19
Foreign exchange contracts	—		19
Other	76		79
Accrued liabilities	$	528	$	744

Schedule of Accrued Warranty Obligations

The following table is a summary of the Company’s accrued warranty obligations (in millions):

	Nine Months Ended
	September 30, 2023		October 1, 2022
Balance at the beginning of the period	$	26	$	26
Warranty expense	21		23
Warranties fulfilled	(22)		(22)
Balance at the end of the period	$	25	$	27