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REVENUE RECOGNITION
6 Months Ended
Jun. 30, 2026
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 dollars2026202520262025
Major product categories:
Laundry$1,064 $1,075 $2,045 $2,101 
Refrigeration1,053 1,225 1,969 2,324 
Cooking790 820 1,588 1,659 
Dishwashing270 271 533 567 
Total major product category net sales $3,177 $3,391 $6,134 $6,651 
Spare parts and warranties135 136 273 272 
Other205 246 384 470 
Total net sales$3,517 $3,773 $6,790 $7,393 
Other revenue sources primarily include 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, 2026.
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 by 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, 2026:
Millions of dollars
December 31, 2025
Charged to EarningsWrite-offsForeign CurrencyOther June 30, 2026
Accounts receivable allowance
MDA North America$12 $ $ $ $ $12 
MDA Latin America39 4 (2)1  42 
SDA Global    3 
Other1   (1)2 
Consolidated$56 $5 $(2)$1 $(1)$59 
Financing receivable allowance
MDA Latin America$26 $ $ $1 $ $27 
Consolidated$82 $5 $(2)$2 $(1)$86