v3.25.2
Note 15 - Warranty Obligations
6 Months Ended
Jun. 30, 2025
Notes to Financial Statements  
Product Warranty Disclosure [Text Block]

Note 15. Warranty Obligations

 

We record a liability for estimated warranty obligations at the dates our products are sold. We record the liability based on our estimate of costs to settle future claims. Adjustments to our estimated costs at time of sale are made as claim experience and other new information becomes available. Obligations for service campaigns and other occurrences are recognized as adjustments to prior estimates when the obligation is probable and can be reasonably estimated.

 

Changes in warranty liabilities — 

 

  

Three Months Ended

  

Six Months Ended

 
  

June 30,

  

June 30,

 
  

2025

  

2024

  

2025

  

2024

 

Balance, beginning of period

 $87  $86  $88  $86 

Amounts accrued for current period sales

  9   8   18   16 

Adjustments of prior estimates

  3   7   5   9 

Settlements of warranty claims

  (16)  (14)  (28)  (24)

Currency impact

  1   (1)  1   (1)

Balance, end of period

 $84  $86  $84  $86