v3.25.1
Other Liabilities and Deferred Revenue (Notes)
 3 Months Ended
Mar. 31, 2025
Other Liabilities [Abstract]  
OTHER LIABILITIES AND DEFERRED REVENUE OTHER LIABILITIES AND DEFERRED REVENUE
Other liabilities and deferred revenue were as follows (in millions):
 December 31,
2024		March 31,
2025
Current
Dealer and dealers’ customer allowances and claims$14,140 $14,159 
Deferred revenue3,331 3,623 
Employee benefit plans2,457 1,975 
Accrued interest1,346 1,339 
Operating lease liabilities558 580 
OPEB (a)335 336 
Pension (a)215 217 
Other (b)5,400 5,804 
Total current other liabilities and deferred revenue$27,782 $28,033 
Non-current  
Dealer and dealers’ customer allowances and claims$9,836 $10,230 
Deferred revenue4,910 4,888 
Pension (a)4,470 4,287 
OPEB (a)4,080 4,023 
Operating lease liabilities1,782 1,933 
Employee benefit plans806 775 
Other (b)2,948 2,747 
Total non-current other liabilities and deferred revenue$28,832 $28,883 
__________
(a)Balances at March 31, 2025 reflect pension and OPEB liabilities at December 31, 2024, 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. The discount rate and rate of expected return assumptions are unchanged from year-end 2024. Included in Other assets are pension assets of $4.1 billion and $4.3 billion at December 31, 2024 and March 31, 2025, respectively.
(b)Includes current derivative liabilities of $1.0 billion and $0.7 billion at December 31, 2024 and March 31, 2025, respectively. Includes non-current derivative liabilities of $0.9 billion and $0.7 billion at December 31, 2024 and March 31, 2025, respectively (see Note 13).