| Schedule of Disaggregation of Sales |
The following table provides disaggregated sales by lines of businesses, geographic destination, market channel or end market, as applicable, for the Company's operating segments: | | | | | | | | | | | | | | | | | | | | | | | | | | | Three months ended
June 30 | | Six months ended
June 30 | | | | (In millions) | 2024 | | 2023 | | 2024 | | 2023 | | | | Electrical Americas | | | | | | | | | | | Products | $ | 745 | | | $ | 757 | | | $ | 1,478 | | | $ | 1,473 | | | | | Systems | 2,132 | | | 1,781 | | | 4,089 | | | 3,359 | | | | | Total | $ | 2,877 | | | $ | 2,538 | | | $ | 5,567 | | | $ | 4,832 | | | | | | | | | | | | | | | Electrical Global | | | | | | | | | | | Products | $ | 882 | | | $ | 889 | | | $ | 1,726 | | | $ | 1,772 | | | | | Systems | 724 | | | 680 | | | 1,380 | | | 1,297 | | | | | Total | $ | 1,606 | | | $ | 1,569 | | | $ | 3,105 | | | $ | 3,069 | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Aerospace | | | | | | | | | | | Original Equipment Manufacturers | $ | 389 | | | $ | 324 | | | $ | 744 | | | $ | 638 | | | | | Aftermarket | 329 | | | 297 | | | 620 | | | 561 | | | | | Industrial and Other | 237 | | | 226 | | | 462 | | | 451 | | | | | Total | $ | 955 | | | $ | 848 | | | $ | 1,826 | | | $ | 1,650 | | | | | | | | | | | | | | | Vehicle | | | | | | | | | | | Commercial | $ | 454 | | | $ | 459 | | | $ | 889 | | | $ | 907 | | | | | Passenger and Light Duty | 269 | | | 292 | | | 558 | | | 583 | | | | | Total | $ | 723 | | | $ | 751 | | | $ | 1,447 | | | $ | 1,490 | | | | | | | | | | | | | | | eMobility | $ | 189 | | | $ | 161 | | | $ | 348 | | | $ | 308 | | | | | | | | | | | | | | | Total net sales | $ | 6,350 | | | $ | 5,866 | | | $ | 12,293 | | | $ | 11,349 | | | |
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| Schedule of Changes in Deferred Revenue Liabilities |
Changes in the deferred revenue liabilities are as follows: | | | | | | | (In millions) | Deferred Revenue | Balance at January 1, 2024 | $ | 626 | | | Customer deposits and billings | 1,333 | | | Revenue recognized in the period | (1,306) | | | | | | | | Balance at June 30, 2024 | $ | 653 | |
| | | | | | | (In millions) | Deferred Revenue | Balance at January 1, 2023 | $ | 508 | | | Customer deposits and billings | 1,052 | | | Revenue recognized in the period | (949) | | | | | Translation | 9 | | Balance at June 30, 2023 | $ | 620 | |
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