Honeywell 2011 Annual Report Download - page 99
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Years Ended December 31,
2011 2010 2009
Beginning of year $ 415 $ 407 $ 417
Accruals for warranties/guarantees issued during the year 197 214 188
Adjustment of pre-existing warranties/guarantees (2) (13) (7)
Settlement of warranty/guarantee claims (208) (193) (191)
End of year $ 402 $ 415 $ 407
Product warranties and product performance guarantees are included in the following balance sheet accounts:
2011 2010
Accrued liabilities $ 364 $ 380
Other liabilities 38 35
$ 402 $ 415
96