v3.25.3
CONTRACT AND OTHER DEFERRED ASSETS & CONTRACT LIABILITIES AND DEFERRED INCOME (Tables)
9 Months Ended
Sep. 30, 2025
Contractors [Abstract]  
Schedule of Contract with Customer, Asset and Liability
CONTRACT AND OTHER DEFERRED ASSETS
September 30, 2025
Power
Wind
Electrification
Total
Contractual service agreement assets
$5,535
$
$
$5,535
Equipment and other service agreement assets
1,712
842
1,396
3,950
Current contract assets
$7,247
$842
$1,396
$9,485
Non-current contract and other deferred assets(a)
474
2
11
486
Total contract and other deferred assets
$7,720
$844
$1,406
$9,971
December 31, 2024
Power
Wind
Electrification
Total
Contractual service agreement assets
$5,321
$
$
$5,321
Equipment and other service agreement assets
1,622
538
1,139
3,300
Current contract assets
$6,944
$538
$1,139
$8,621
Non-current contract and other deferred assets(a)
536
8
11
555
Total contract and other deferred assets
$7,479
$546
$1,150
$9,176
(a) Primarily represents amounts due from customers at Gas Power for the sale of services upgrades, which we collect through incremental
fixed or usage-based fees from servicing the equipment under contractual service agreements.
CONTRACT LIABILITIES AND DEFERRED INCOME
September 30, 2025
Power
Wind
Electrification
Total
Contractual service agreement liabilities
$1,989
$
$
$1,989
Equipment and other service agreement liabilities
10,617
2,042
5,204
17,865
Current deferred income
21
227
49
298
Contract liabilities and current deferred income
$12,627
$2,269
$5,254
$20,151
Non-current deferred income
18
121
14
153
Total contract liabilities and deferred income
$12,645
$2,390
$5,268
$20,304
December 31, 2024
Power
Wind
Electrification
Total
Contractual service agreement liabilities
$1,789
$
$
$1,789
Equipment and other service agreement liabilities
7,879
3,684
3,946
15,511
Current deferred income
6
193
88
287
Contract liabilities and current deferred income
$9,674
$3,877
$4,034
$17,587
Non-current deferred income
29
112
16
157
Total contract liabilities and deferred income
$9,703
$3,989
$4,050
$17,744