Borrowings and Lines of Credit (Tables)

3 Months Ended

Mar. 31, 2017

Debt Disclosure [Abstract]

Schedule of Short-Term Debt [Table Text Block]

(Dollars in millions)	March 31, 2017		December 31, 2016
Commercial paper	$	1,074	$	522
Other borrowings	126		79
Total short-term borrowings	$	1,200	$	601

Schedule of Long-term Debt [Table Text Block]

Long-term debt consisted of the following:

(Dollars in millions)	March 31, 2017		December 31, 2016
1.800% notes due 2017 1	$	1,500	$	1,500
6.800% notes due 2018	99		99
EURIBOR plus 0.800% floating rate notes due 2018 (€750 million principal value) 2	811		783
1.778% junior subordinated notes due 2018	1,100		1,100
LIBOR plus 0.350% floating rate notes due 2019 3	350		350
1.500% notes due 2019 1	650		650
8.875% notes due 2019	271		271
4.875% notes due 2020 1	171		171
4.500% notes due 2020 1	1,250		1,250
8.750% notes due 2021	250		250
1.950% notes due 2021 1	750		750
1.125% notes due 2021 (€950 million principal value) 1	1,027		992
3.100% notes due 2022 1	2,300		2,300
1.250% notes due 2023 (€750 million principal value) 1	811		783
1.875% notes due 2026 (€500 million principal value) 1	540		522
2.650% notes due 2026 1	1,150		1,150
7.100% notes due 2027	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 1	134		134
7.000% notes due 2038	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 1	850		850
3.750% notes due 2046 1	1,100		1,100
Project financing obligations	130		155
Other (including capitalized leases)	188		189
Total principal long-term debt	23,382		23,299
Other (fair market value adjustments and discounts)	—		1
Total long-term debt	23,382		23,300
Less: current portion	2,484		1,603
Long-term debt, net of current portion	$	20,898	$	21,697

1 We may redeem these notes at our option pursuant to their terms.

2 The three-month EURIBOR rate as of March 31, 2017 was approximately -0.329%. 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 The three-month LIBOR rate as of March 31, 2017 was approximately 1.150%.