v3.25.2
REVENUE RECOGNITION
 6 Months Ended
Jun. 30, 2025
Revenue from Contract with Customer [Abstract]  
REVENUE RECOGNITION REVENUE RECOGNITION
Disaggregation of Revenue
The following table presents our disaggregated revenues by revenue source. For additional information on the disaggregated revenues by operating segment, see Note 13 to the Consolidated Condensed Financial Statements.
Three Months Ended June 30,
Six Months Ended June 30,
Millions of dollars2025202420252024
Major product categories:
Laundry$1,075 $1,087 $2,101 $2,351 
Refrigeration1,225 1,299 2,324 2,553 
Cooking820 907 1,659 1,969 
Dishwashing271 272 567 701 
Total major product category net sales $3,391 $3,565 $6,651 $7,574 
Spare parts and warranties136 141 272 380 
Other246 283 470 524 
Total net sales$3,773 $3,989 $7,393 $8,478 
Other revenue sources include primarily the revenues from the InSinkErator business, subscription arrangements, and licenses.
The impact to revenue related to prior period performance obligations is less than 1% of global consolidated revenues for the three and six months ended June 30, 2025.
Allowance for Expected Credit Losses and Bad Debt Expense
We estimate our expected credit losses and bad debt expense primarily by using an aging methodology and establish customer-specific reserves for higher risk trade customers. Our expected credit losses and bad debt expense are evaluated and controlled within each operating segment on considering the unique credit risk specific to the country, marketplace and economic environment. We take into account past events, current conditions and reasonable and supportable forecasts in developing the reserve.
The following table summarizes our allowance for expected credit losses and bad debt expense by operating segment for the six months ended June 30, 2025:
Millions of dollars
December 31, 2024
Charged to EarningsWrite-offsForeign CurrencyOther June 30, 2025
Accounts receivable allowance
MDA North America$8 $2 $(1)$— $— $9 
MDA Latin America33 — — 4 — 37 
MDA Asia3 — — — — 3 
SDA Global2 — — — — 2 
Consolidated$46 $2 $(1)$4 $— $51 
Financing receivable allowance
MDA Latin America$23 $— $— $3 $— $26 
Consolidated$69 $2 $(1)$7 $— $77