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Summary of Significant Accounting Policies Summary of Significant Accounting Policies (Tables)
 6 Months Ended
Jun. 30, 2015
Income Statement [Abstract]  
Other (income) expense, net [Table Text Block]
Other (Income) Expense, Net: Other (income) expense, net includes transformation initiatives, integration costs and a provision for losses on recoverable taxes. Transformation initiatives include financial and advisory fees incurred in connection with execution of the Company's comprehensive value creation plan and certain severance costs associated with the Electronics Acquisition and the Climate Transaction. Transformation initiatives also include favorable hedging and exchange impacts of $22 million and $19 million for the three and six-month periods ended June 30, 2015 respectively, related to the Climate Transaction proceeds.

Integration costs include costs associated with re-branding, facility modification, information technology readiness and related professional services necessary to integrate businesses associated with the Electronics Acquisition. The Company expects to incur total integration costs of $40 million over a two-year period through the end of 2015, of which $27 million has been incurred through June 30, 2015. 
 
Three Months Ended
June 30
 
Six Months Ended
June 30
 
2015
 
2014
 
2015
 
2014
 
(Dollars in Millions)
Transformation initiatives
$
(9
)
 
$
3

 
$
(1
)
 
$
7

Integration costs
5

 
5

 
9

 
7

Provision for losses on recoverable taxes
—

 
8

 
—

 
8

 
$
(4
)
 
$
16

 
$
8

 
$
22
Schedule of Product Warranty Liability [Table Text Block]
The following table provides a reconciliation of changes in the product warranty and recall claims liability.
 
Six Months Ended June 30
 
2015
 
2014
 
(Dollars in Millions)
Beginning balance
$
21

 
$
23

Accruals for products shipped
8

 
3

Changes in estimates
13

 
—

Foreign currency translation
(3
)
 
—

Settlements
(3
)
 
(3
)
Ending balance
$
36

 
$
23