v3.25.2
Product Warranty Liabilities
6 Months Ended
Jun. 30, 2025
Guarantees and Product Warranties [Abstract]  
Product Warranty Liabilities

NOTE I. PRODUCT WARRANTY LIABILITIES

As of June 30, 2025, current and non-current product warranty liabilities were $32 million and $47 million, respectively. As of June 30, 2024, current and non-current product warranty liabilities were $32 million and $27 million, respectively.

Product warranty liability activities consisted of the following (dollars in millions):

 

 

 

Three Months Ended
June 30,

 

 

Six Months Ended
June 30,

 

 

 

2025

 

 

2024

 

 

2025

 

 

2024

 

Beginning balance

 

$

73

 

 

$

58

 

 

$

67

 

 

$

59

 

Payments

 

 

(9

)

 

 

(10

)

 

 

(18

)

 

 

(22

)

Increase in liability (warranty issued during period)

 

 

8

 

 

 

8

 

 

 

17

 

 

 

16

 

Net adjustments to liability

 

 

7

 

 

 

3

 

 

 

13

 

 

 

6

 

Ending balance

 

$

79

 

 

$

59

 

 

$

79

 

 

$

59