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CONSOLIDATED BALANCE SHEET (Parenthetical) - USD ($)
$ in Millions
Dec. 31, 2016
Dec. 31, 2015
Receivables, discounts and allowances $ 1 $ 1
Property and equipment, accumulated depreciation $ 3,306 $ 3,287
Common shares, par value $ 1.25 $ 1.25
Common shares, authorized 1,360,000,000 1,360,000,000
Common shares, issued 748,528,131 510,483,285
Common shares, outstanding 748,528,000 510,483,000
6.375 percent Mandatory Convertible Preference Shares, Series A    
Preference shares, par value $ 1.00 $ 1.00
Preference shares, liquidation $ 50.00 $ 50.00
Preference shares, authorized 40,000,000 40,000,000
Preference shares, issued 0 13,799,711
Preference shares, outstanding 0 13,799,711