FINANCIAL INSTRUMENTS AND FAIR VALUE MEASUREMENTS (Tables)

6 Months Ended

Jun. 30, 2014

Investments, Debt and Equity Securities [Abstract]

Schedule of Fair Value, Assets and Liabilities Measured on Recurring Basis [Table Text Block]

Financial assets and liabilities measured at fair value on a recurring basis are summarized below:

	June 30, 2014											December 31, 2013
Dollars in Millions	Level 1		Level 2			Level 3			Total			Level 1		Level 2			Level 3			Total
Cash and cash equivalents - Money market and other securities	$	—	$	3,749		$	—		$	3,749		$	—	$	3,201		$	—		$	3,201
Marketable securities:
Certificates of deposit	—		1,813			—			1,813			—		122			—			122
Commercial paper	—		200			—			200			—		—			—			—
Corporate debt securities	—		4,640			—			4,640			—		4,432			—			4,432
Equity funds	—		94			—			94			—		74			—			74
Fixed income funds	—		10			—			10			—		46			—			46
Auction Rate Securities (ARS)	—		—			12			12			—		—			12			12
Derivative assets:
Interest rate swap contracts	—		111			—			111			—		64			—			64
Foreign currency forward contracts	—		22			—			22			—		50			—			50
Investments in equity of other companies	53		—			—			53			—		—			—			—
Derivative liabilities:
Interest rate swap contracts	—		(3		)	—			(3		)	—		(27		)	—			(27		)
Foreign currency forward contracts	—		(24		)	—			(24		)	—		(35		)	—			(35		)
Written option liabilities(a)	—		—			(198		)	(198		)	—		—			(162		)	(162		)
Contingent consideration liability(b)	—		—			(8		)	(8		)	—		—			(8		)	(8		)

(a) Includes $69 million and $18 million in accrued expenses and $129 million and $144 million in other liabilities as of June 30, 2014 and December 31, 2013, respectively.

(b) The contingent consideration liability is included in other liabilities.

Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Table Text Block]

The following table summarizes the activity for financial assets and liabilities utilizing Level 3 fair value measurements:

	2014								2013
Dollars in Millions	ARS		Contingent consideration liability			Written option liabilities			ARS and FRS(a)		Contingent consideration liability			Written option liabilities
Fair value at January 1	$	12	$	(8	)	$	(162	)	$	31	$	(8	)	$	(18	)
Additions from new alliances	—		—			—			—		—			(144		)
Changes in fair value	—		—			(36		)	—		—			—
Fair value at June 30	$	12	$	(8	)	$	(198	)	$	31	$	(8	)	$	(162	)

(a) FRS: Floating Rate Securities

Available-for-sale Securities [Table Text Block]

The following table summarizes available-for-sale securities:

Dollars in Millions	Amortized Cost		Gross Unrealized Gain in Accumulated OCI		Gross Unrealized Loss in Accumulated OCI			Fair Value
June 30, 2014
Certificates of deposit	$	1,813	$	—	$	—		$	1,813
Commercial paper	200		—		—			200
Corporate debt securities	4,592		51		(3		)	4,640
ARS	9		3		—			12
Investments in equity of other companies	41		18		(6		)	53
Total	$	6,655	$	72	$	(9	)	$	6,718
December 31, 2013
Certificates of deposit	$	122	$	—	$	—		$	122
Corporate debt securities	4,401		44		(13		)	4,432
ARS	9		3		—			12
Total	$	4,532	$	47	$	(13	)	$	4,566

Schedule of Derivatives and Fair Value [Table Text Block]

The following table summarizes the fair value of outstanding derivatives:

		June 30, 2014					December 31, 2013
Dollars in Millions	Balance Sheet Location	Notional		Fair Value			Notional		Fair Value
Derivatives designated as hedging instruments:
Interest rate swap contracts	Other assets	$	1,173	$	111		$	673	$	64
Interest rate swap contracts	Other liabilities	1,150		(3		)	1,950		(27		)
Foreign currency forward contracts	Prepaid expenses and other	187		17			301		44
Foreign currency forward contracts	Other assets	187		5			100		6
Foreign currency forward contracts	Accrued expenses	710		(22		)	704		(31		)
Foreign currency forward contracts	Other liabilities	109		(2		)	263		(4		)

Schedule of Fair Value and Other Adjustments to Long Term Debt [Table Text Block]

Long-term debt and the current portion of long-term debt includes:

Dollars in Millions	June 30, 2014			December 31, 2013
Principal Value	$	6,959		$	7,593
Adjustments to Principal Value:
Fair value of interest rate swap contracts	108			37
Unamortized basis adjustment from interest rate swap contract terminations	365			442
Unamortized bond discounts	(60		)	(64		)
Total	$	7,372		$	8,008
Current portion of long-term debt(a)	$	—		$	27
Long-term debt	7,372			7,981

(a) Included in liabilities related to assets held-for-sale at December 31, 2013.

Schedule of Debt Repurchases [Table Text Block]

The following information pertains to the outstanding 5.45% Notes due 2018 that were redeemed in February 2014:

	Six Months Ended
Dollars in Millions	June 30, 2014
Principal amount	$	582
Carrying value	633
Debt redemption price	676
Notional amount of interest rate swap contracts terminated	500
Interest rate swap contract termination payments	(4		)
Total loss	45