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INCOME TAXES (Schedule of Provision (Credit) for Income Taxes) (Details) - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2016
Dec. 31, 2015
Dec. 31, 2014
Income Tax Expense (Benefit), Continuing Operations [Abstract]      
Federal, current $ 265 [1] $ 373 $ (41) [1]
State and local, current (3) 2 (5)
Foreign, current 3 104 1
Total, current 265 479 (45)
Federal, deferred (285) [1] (31) 311 [1]
State and local, deferred (12) (13) 38
Foreign, deferred 0 0 0
Total, deferred (297) (44) 349
Federal (20) [1] 342 270 [1]
State and local (15) (11) 33
Foreign 3 104 1
Total tax provision (credit) $ (32) $ 435 $ 304
[1] In 2014, reflects the impact of accelerated deductions.