Fair Value Measurements (Tables)

9 Months Ended

Sep. 30, 2015

Fair Value Measurements, Recurring and Nonrecurring [Table Text Block]



December 31, 2014 (Dollars in millions)	Total			Level 1		Level 2			Level 3
Recurring fair value measurements:
Available-for-sale securities	$	961		$	961	$	—		$	—
Derivative assets	142			—		142			—
Derivative liabilities	(319		)	—		(319		)	—
Nonrecurring fair value measurements:
Business dispositions	3			—		3			—



September 30, 2015 (Dollars in millions)	Total			Level 1			Level 2			Level 3
Recurring fair value measurements:
Available-for-sale securities	$	849		$	849		$	—		$	—
Derivative assets	126			—			126			—
Derivative liabilities	(450		)	(1		)	(449		)	—

Fair Value, by Balance Sheet Grouping [Table Text Block]

The following table provides carrying amounts and fair values of financial instruments that are not carried at fair value in our Condensed Consolidated Balance Sheet at September 30, 2015 and December 31, 2014:



	September 30, 2015						December 31, 2014
(Dollars in millions)	Carrying Amount			Fair Value			Carrying Amount			Fair Value
Long-term receivables	$	126		$	110		$	214		$	204
Customer financing notes receivable	370			369			262			260
Short-term borrowings	(3,024		)	(3,024		)	(126		)	(126		)
Long-term debt (excluding capitalized leases)	(19,617		)	(21,265		)	(19,623		)	(22,244		)
Long-term liabilities	(280		)	(298		)	(80		)	(74		)

The following table provides the valuation hierarchy classification of assets and liabilities that are not carried at fair value in our Condensed Consolidated Balance Sheet as of September 30, 2015:



(Dollars in millions)	Total			Level 1		Level 2			Level 3
Long-term receivables	$	110		$	—	$	110		$	—
Customer financing notes receivable	369			—		369			—
Short-term borrowings	(3,024		)	—		(2,877		)	(147		)
Long-term debt (excluding capitalized leases)	(21,265		)	—		(20,886		)	(379		)
Long-term liabilities	(298		)	—		(298		)	—