| | | | | | | | | | | | | | | | | | | Three Months Ended | | | | | | March 31, 2022 | | March 31, 2021 | | Product Warranty and Related Liabilities | | | | | | | | | Warranty balance at beginning of period | | | | | $ | 9,774 | | | $ | 8,242 | | | Warranties issued and assumed in period – recall campaigns | | | | | 132 | | | 120 | | | Warranties issued and assumed in period – product warranty | | | | | 461 | | | 443 | | | Payments | | | | | (1,077) | | | (733) | | | Adjustments to pre-existing warranties | | | | | (5) | | | 11 | | | Effect of foreign currency and other | | | | | 17 | | | (6) | | | Warranty balance at end of period | | | | | 9,302 | | | 8,077 | | | Less: Supplier recoveries balance at end of period(a) | | | | | 2,025 | | | 193 | | | Warranty balance, net of supplier recoveries at end of period | | | | | $ | 7,277 | | | $ | 7,884 | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
__________ (a)The current portion of supplier recoveries is recorded in Accounts and notes receivable, net of allowance and the non-current portion is recorded in Other assets.
| | | | | | | | | | | | | | | | | | | | Three Months Ended | | | | | | | March 31, 2022 | | March 31, 2021 | | Product warranty expense, net of recoveries | | | | | | | | | | Warranties issued and assumed in period | | | | | $ | 593 | | | $ | 563 | | | Supplier recoveries accrued in period | | | | | (57) | | | (72) | | | | Adjustments and other | | | | | 12 | | | 5 | | | Warranty expense, net of supplier recoveries | | | | | $ | 548 | | | $ | 496 | | |
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