XML 52 R40.htm IDEA: XBRL DOCUMENT v3.20.2
Guarantees (Tables)
 9 Months Ended
Sep. 30, 2020
Service and Product Warranties and Product Performance Guarantees [Abstract]  
Schedule of guarantees As of September 30, 2020 and December 31, 2019, the following guarantees related to continuing operations were outstanding:
(dollars in millions)September 30, 2020December 31, 2019
Maximum Potential PaymentCarrying Amount of LiabilityMaximum Potential PaymentCarrying Amount of Liability
Commercial aerospace financing arrangements$333 $8 $333 $7 
Third party guarantees(1)
374 4 48 — 
(1)     Increase in guarantees is primarily due to the Raytheon Merger.
Product Warranty Disclosure [Table Text Block] The changes in the carrying amount of service and product warranties and product performance guarantees for the nine months ended September 30, 2020 and 2019 are as follows:
(dollars in millions)20202019
Balance as of January 1$1,033 $929 
Warranties and performance guarantees issued206 325 
Settlements(229)(233)
Other(10)(3)
Balance as of September 30$1,000 $1,018