v3.26.1
OTHER LIABILITIES AND DEFERRED REVENUE (Tables)
 3 Months Ended
Mar. 31, 2026
Other Liabilities [Abstract]  
Schedule of Other Liabilities and Deferred Revenue
Other liabilities and deferred revenue were as follows (in millions):
 December 31,
2025		March 31,
2026
Current
Dealer and dealers’ customer allowances and claims$15,293 $14,466 
Deferred revenue4,489 4,434 
Employee benefit plans3,507 2,224 
Accrued interest1,453 1,403 
Operating lease liabilities567 567 
OPEB (a)331 330 
Pension (a)228 227 
Other (b)5,911 6,198 
Total current other liabilities and deferred revenue$31,779 $29,849 
Non-current 
Dealer and dealers’ customer allowances and claims$12,136 $12,246 
Deferred revenue5,360 5,363 
OPEB (a)4,031 3,951 
Pension (a)3,701 3,548 
Operating lease liabilities1,835 1,818 
Employee benefit plans792 817 
Other (b)3,047 2,418 
Total non-current other liabilities and deferred revenue$30,902 $30,161 
__________
(a)Balances at March 31, 2026 reflect pension and OPEB liabilities at December 31, 2025, updated for: service and interest cost; expected return on assets; curtailments, settlements, and associated interim remeasurement (where applicable); separation expense; actual benefit payments; and cash contributions. For plans without interim remeasurement, the discount rate and rate of expected return assumptions are unchanged from year-end 2025. Included in Other assets are pension assets of $3.7 billion and $4.1 billion at December 31, 2025 and March 31, 2026, respectively.
(b)Includes current derivative liabilities of $0.5 billion at both December 31, 2025 and March 31, 2026. Includes non-current derivative liabilities of $0.5 billion and $0.4 billion at December 31, 2025 and March 31, 2026, respectively. (See Note 13.)