v3.25.2
PROGRESS COLLECTIONS AND DEFERRED INCOME (Tables)
 6 Months Ended
Jun. 30, 2025
Revenue from Contract with Customer [Abstract]  
Schedule of Contract Liabilities Contract assets consist of the following:
June 30, 2025December 31, 2024
Long-term product service agreements $350 $346 
Long-term equipment contracts and certain other service agreements1,344 1,247 
Contract assets (total revenue in excess of billings)1,694 1,593 
Deferred inventory costs133 124 
Other costs to fulfill or obtain a contract
14 13 
Contract and other deferred assets$1,841 $1,730 
Contract liabilities consist of the following:
June 30, 2025December 31, 2024
Progress collections$5,549 $5,550 
Deferred income131 122 
Progress collections and deferred income (contract liabilities)$5,680 $5,672