This is a genuine OEM part made for Craftsman lawn tractors and mowers. Bearings are used to buffer moving parts from damage due to friction. They also stabilize directional movement. Bearings are high-wear parts and are changed regularly. This metal bearing is sold individually. Gauges, washers, rings, etc. sold separately.
OEM stands for Original Equipment Manufacturer. Simply put, this means that the company who made your appliance is also supplying the replacement part for it.