FAIR VALUE OF FINANCIAL INSTRUMENTS (Tables)

6 Months Ended

Jun. 30, 2018

Summary of Fair Value of Financial Assets and (Liabilities)

The following table summarizes the fair value of the Company’s financial assets and (liabilities) as of June 30, 2018 and December 31, 2017 (dollars in millions):

	Fair Value Measurements Using
	Quoted Prices in Active Markets for Identical Assets (Level 1)						Significant Other Observable Inputs (Level 2)					TOTAL
	June 30, 2018			December 31, 2017			June 30, 2018			December 31, 2017		June 30, 2018			December 31, 2017
Cash equivalents	$	2		$	50		$	—		$	—	$	2		$	50
Rabbi trust assets		10			8			—			—		10			8
Deferred compensation obligation		(10	)		(8	)		—			—		(10	)		(8	)
Derivative liabilities		—			—			(2	)		—		(2	)		—
Total	$	2		$	50		$	(2	)	$	—	$	—		$	50