December 31, | ||||||||
In millions | 2013 | 2012 | ||||||
Balance, beginning of year | $ | 1,088 | $ | 1,014 | ||||
Provision for warranties issued | 431 | 415 | ||||||
Deferred revenue on extended warranty contracts sold | 189 | 210 | ||||||
Payments | (427 | ) | (416 | ) | ||||
Amortization of deferred revenue on extended warranty contracts | (115 | ) | (103 | ) | ||||
Changes in estimates for pre-existing warranties | (35 | ) | (33 | ) | ||||
Foreign currency translation | (2 | ) | 1 | |||||
Balance, end of year | $ | 1,129 | $ | 1,088 |
December 31, | ||||||||||
In millions | 2013 | 2012 | Balance Sheet Location | |||||||
Deferred revenue related to extended coverage programs | ||||||||||
Current portion | $ | 145 | $ | 111 | Deferred revenue | |||||
Long-term portion | 349 | 309 | Other liabilities and deferred revenue | |||||||
Total | $ | 494 | $ | 420 | ||||||
Receivables related to estimated supplier recoveries | ||||||||||
Current portion | $ | 5 | $ | 7 | Trade and other receivables | |||||
Long-term portion | 5 | 6 | Other assets | |||||||
Total | $ | 10 | $ | 13 | ||||||
Long-term portion of warranty liability | $ | 275 | $ | 282 | Other liabilities and deferred revenue |