v3.25.2
COMMITMENTS AND CONTINGENCIES (Tables)
6 Months Ended
Jun. 30, 2025
Commitments and Contingencies Disclosure [Abstract]  
Schedule of Product Warranty Reserves The following table summarizes the changes in total product warranty reserves for the periods presented:
Product Warranty
Millions of dollars20252024
Balance at January 1 $196 $206 
Issuances/accruals during the period111 105 
Settlements made during the period/other(113)(114)
Balance at June 30
$194 $197 
Current portion$130 $137 
Non-current portion64 60 
Total$194 $197