Borrowings and Lines of Credit (Tables)

9 Months Ended

Sep. 30, 2015

Debt Disclosure [Abstract]

Schedule of Short-Term Debt [Table Text Block]

(Dollars in millions)	September 30, 2015		December 31, 2014
Commercial paper	$	2,860	$	—
Other borrowings	164		126
Total short-term borrowings	$	3,024	$	126

Schedule of Long-term Debt [Table Text Block]

Long-term debt consisted of the following:

(Dollars in millions)	September 30, 2015		December 31, 2014
LIBOR plus 0.500% floating rate notes due 2015	$	—	$	500
4.875% notes due 2015	—		1,200
5.375% notes due 2017 1	1,000		1,000
1.800% notes due 2017 1	1,500		1,500
1.778% junior subordinated notes due 2018	1,100		—
6.800% notes due 2018 4	99		99
6.125% notes due 2019 1	1,250		1,250
8.875% notes due 2019	271		271
4.500% notes due 2020 1	1,250		1,250
4.875% notes due 2020 4	171		171
8.750% notes due 2021	250		250
3.100% notes due 2022 1	2,300		2,300
1.550% junior subordinated notes due 2022	—		1,100
1.250% notes due 2023 (€750 million principal value) 2	837		—
7.100% notes due 2027 4	141		141
6.700% notes due 2028	400		400
7.500% notes due 2029 1	550		550
5.400% notes due 2035 1	600		600
6.050% notes due 2036 1	600		600
6.800% notes due 2036 4	134		134
7.000% notes due 2038 4	159		159
6.125% notes due 2038 1	1,000		1,000
5.700% notes due 2040 1	1,000		1,000
4.500% notes due 2042 1	3,500		3,500
4.150% notes due 2045 3	850		—
Project financing obligations	210		147
Other (including capitalized leases) 4	319		368
Total principal long-term debt	19,491		19,490
Other (fair market value adjustments and discounts) 4	152		168
Total long-term debt	19,643		19,658
Less: current portion	215		1,791
Long-term debt, net of current portion	$	19,428	$	17,867

1 We may redeem the above notes, in whole or in part, at our option at any time at a redemption price in U.S. Dollars equal to the greater of 100% of the principal amount of the notes to be redeemed or the sum of the present values of the remaining scheduled payments of principal and interest on the notes to be redeemed, discounted to the redemption date on a semiannual basis at the adjusted treasury rate plus 10-50 basis points. The redemption price will also include interest accrued to the date of redemption on the principal balance of the notes being redeemed.

2 We may redeem these notes, in whole or in part, at our option at any time. If redeemed prior to February 22, 2023, the redemption price in Euro shall equal the greater of 100% of the principal amount of the notes to be redeemed or the sum of the present values of the remaining scheduled payments of principal and interest on the notes to be redeemed, discounted to the redemption date on an annual basis at a rate based upon a comparable German federal government bond whose maturity is closest to the maturity of the notes plus 15 basis points. In addition, the notes may be redeemed at our option in whole, but not in part, at any time in the event of certain developments affecting U.S. taxation.

3 We may redeem these notes, in whole or in part, at our option at any time. If redeemed prior to November 16, 2044, the redemption price in U.S. Dollars shall equal the greater of 100% of the principal amount of the notes to be redeemed or the sum of the present values of the remaining scheduled payments of principal and interest on the notes to be redeemed, discounted to the redemption date on a semiannual basis at the adjusted treasury rate plus 25 basis points.

4 Includes notes and remaining fair market value adjustments that were assumed as a part of the Goodrich acquisition on July 26, 2012.