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PRODUCT WARRANTY
 6 Months Ended
Jun. 30, 2024
Product Warranties Disclosures [Abstract]  
PRODUCT WARRANTY PRODUCT WARRANTY
The Company provides warranties on some, but not all, of its products. The warranty terms are typically from one to three years. Provisions for estimated expenses related to product warranty are made at the time products are sold. These estimates are established using historical information about the nature, frequency and average cost of warranty claim settlements, as well as product manufacturing and industry developments and recoveries from third parties. The Company actively studies trends of warranty claims and takes action to improve product quality and minimize warranty claims. The Company believes that the warranty accrual is appropriate; however, actual claims incurred could differ from the original estimates, requiring adjustments to the accrual. The product warranty accrual is allocated to current and non-current liabilities in the Condensed Consolidated Balance Sheets.

The following table summarizes the activity in the product warranty accrual accounts:
(in millions)20242023
Beginning balance, January 1$196 $185 
Provisions for current period sales38 46 
Adjustments of prior estimates6 (4)
Payments(31)(37)
Other, primarily translation adjustment(5)(2)
Ending balance, June 30$204 $188 

The product warranty liability is classified in the Condensed Consolidated Balance Sheets as follows:
June 30,December 31,
(in millions)20242023
Other current liabilities$83 $91 
Other non-current liabilities121 105 
Total product warranty liability$204 $196