Product Warranty Accrual

Entity Registrant Name Chrysler Group LLC
CIK 0001513153
Accession number 0001193125-14-086806
Link to XBRL instance http://www.sec.gov/Archives/edgar/data/1513153/000119312514086806/chlr-20131231.xml
Fiscal year end --12-31
Fiscal year focus 2013
Fiscal period focus FY
Current balance sheet date 2013-12-31
Current year-to-date income statement start date 2013-01-01
Commentary As expected.
Level 3 (Disclosure) Text Block concept us-gaap:ScheduleOfProductWarrantyLiabilityTableTextBlock

The changes in accrued product warranty costs (excluding deferred revenue from extended warranty and service contracts described below, as well as supplier recoveries) were as follows (in millions of dollars):

 

     Years Ended December 31,  
     2013      2012      2011  

Balance at beginning of period

    $ 3,514        $ 3,318       $ 3,171   

Provision for current period warranties

      1,810          1,735         1,686   

Net adjustments to pre-existing warranties

      120          (158)         (106)   

Net warranty settlements

      (1,593)         (1,414)         (1,452)   

Interest accretion, translation and other adjustments

      (51)         33         19   
  

 

 

     

 

 

     

 

 

  

Balance at end of period

    $ 3,800        $ 3,514       $ 3,318   
  

 

 

     

 

 

     

 

 

  

Level 4 Details Key Concepts

Description Fact value US GAAP XBRL Concept
Current 1,346,000,000 us-gaap:StandardProductWarrantyAccrualCurrent
Noncurrent 2,454,000,000 us-gaap:StandardProductWarrantyAccrualNoncurrent
Total 3,800,000,000 us-gaap:StandardProductWarrantyAccrual
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