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Guarantees (Tables)
12 Months Ended
Dec. 31, 2015
Guarantees [Abstract]  
Schedule of Guarantor Obligations [Table Text Block]
As of December 31, 2015 and 2014, the following financial guarantees were outstanding:
  
December 31, 2015
 
December 31, 2014
(dollars in millions)
Maximum
Potential
Payment

 
Carrying
Amount of
Liability

 
Maximum
Potential
Payment

 
Carrying
Amount of
Liability

Commercial aerospace financing arrangements (see Note 5)
$
365

 
$
12

 
$
411

 
$
18

Credit facilities and debt obligations (expire 2016 to 2028)
241

 

 
211

 
15

Performance guarantees
55

 
3

 
136

 

Product Warranty Disclosure [Table Text Block]
The changes in the carrying amount of service and product warranties and product performance guarantees for the years ended December 31, 2015 and 2014 are as follows:
(dollars in millions)
2015
 
2014
Balance as of January 1
$
1,264

 
$
1,324

Warranties and performance guarantees issued
291

 
302

Settlements made
(259
)
 
(322
)
Other
(84
)
 
(40
)
Balance as of December 31
$
1,212

 
$
1,264