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REVENUE RECOGNITION
 9 Months Ended
Sep. 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 September 30,
Nine Months Ended September 30,
Millions of dollars2026202520262025
Major product categories:
Laundry$1,084 $1,150 $3,129 $3,251 
Refrigeration1,088 1,251 3,057 3,575 
Cooking902 973 2,490 2,632 
Dishwashing276 310 809 877 
Total major product category net sales $3,350 $3,684 $9,485 $10,335 
Spare parts and warranties131 138 404 410 
Other195 210 579 680 
Total net sales$3,677 $4,033 $10,467 $11,426 
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 nine months ended September 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 nine months ended September 30, 2026:
Millions of dollars
December 31, 2025
Charged to EarningsWrite-offsForeign CurrencyOther September 30, 2026
Accounts receivable allowance
MDA North America$12 $(2)$(1)$— $— $10 
MDA Latin America39 5 (1)— — 43 
SDA Global3 — — — — 3 
Other2 (1)— — — 1 
Consolidated$56 $2 $(2)$— $— $57 
Financing receivable allowance
MDA Latin America(1)
$26 $46 $— $1 $— $73 
Consolidated$82 $48 $(2)$1 $— $130 
(1) During the third quarter of 2026, the Company recorded a charge of $46 million related to a guarantee resulting from the bankruptcy reorganization of a significant trade customer in Latin America. For additional information please see Note 6 of the Consolidated Condensed Financial Statements.