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Guarantees (Tables)
12 Months Ended
Dec. 31, 2016
Guarantees [Abstract]  
Schedule of Guarantor Obligations [Table Text Block]
As of December 31, 2016 and 2015, the following financial guarantees were outstanding:
  
December 31, 2016
 
December 31, 2015
(dollars in millions)
Maximum
Potential
Payment

 
Carrying
Amount of
Liability

 
Maximum
Potential
Payment

 
Carrying
Amount of
Liability

Commercial aerospace financing arrangements (see Note 5)
$
348

 
$
14

 
$
365

 
$
12

Credit facilities and debt obligations (expire 2017 to 2028)
270

 
15

 
241

 

Performance guarantees
55

 
4

 
55

 
3

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, 2016 and 2015 are as follows:
(dollars in millions)
2016
 
2015
Balance as of January 1
$
1,212

 
$
1,264

Warranties and performance guarantees issued
246

 
291

Settlements made
(240
)
 
(259
)
Other
(19
)
 
(84
)
Balance as of December 31
$
1,199

 
$
1,212