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PENSION AND POSTRETIREMENT BENEFIT PLANS (Tables)
12 Months Ended
Dec. 31, 2016
Compensation and Retirement Disclosure [Abstract]  
Schedule Of Net Benefit Costs [Table Text Block]
The net periodic benefit cost/(credit) of defined benefit pension plans includes:
Dollars in Millions
 
2016
 
2015
 
2014
Service cost — benefits earned during the year
 
$
24

 
$
25

 
$
34

Interest cost on projected benefit obligation
 
192

 
242

 
305

Expected return on plan assets
 
(418
)
 
(405
)
 
(508
)
Amortization of prior service credits
 
(3
)
 
(3
)
 
(3
)
Amortization of net actuarial loss
 
84

 
91

 
110

Curtailments
 

 
(1
)
 
1

Settlements
 
91

 
161

 
866

Special termination benefits
 
1

 

 
14

Net periodic benefit cost/(credit)
 
$
(29
)
 
$
110

 
$
819

Schedule Of Defined Benefit Obligations And Assets [Table Text Block]
Changes in defined benefit pension plan obligations, assets, funded status and amounts recognized in the consolidated balance sheets were as follows:
Dollars in Millions
 
2016
 
2015
Benefit obligations at beginning of year
 
$
6,418

 
$
7,068

Service cost—benefits earned during the year
 
24

 
25

Interest cost
 
192

 
242

Settlements
 
(173
)
 
(336
)
Actuarial (gains)/losses
 
253

 
(321
)
Benefits paid
 
(109
)
 
(105
)
Foreign currency and other
 
(165
)
 
(155
)
Benefit obligations at end of year
 
$
6,440

 
$
6,418

 
 
 
 
 
Fair value of plan assets at beginning of year
 
$
5,687

 
$
6,148

Actual return on plan assets
 
513

 
(5
)
Employer contributions
 
81

 
118

Settlements
 
(173
)
 
(336
)
Benefits paid
 
(109
)
 
(105
)
Foreign currency and other
 
(168
)
 
(133
)
Fair value of plan assets at end of year
 
$
5,831

 
$
5,687

 
 
 
 
 
Funded status
 
$
(609
)
 
$
(731
)
 
 
 
 
 
Assets/(Liabilities) recognized:
 
 
 
 
Other assets
 
$
26

 
$
71

Accrued liabilities
 
(35
)
 
(37
)
Pension and other liabilities
 
(600
)
 
(765
)
Funded status
 
$
(609
)
 
$
(731
)
 
 
 
 
 
Recognized in accumulated other comprehensive loss:
 
 
 
 
Net actuarial losses
 
$
3,123

 
$
3,140

Prior service credit
 
(39
)
 
(39
)
Total
 
$
3,084

 
$
3,101

Schedule Of Accumulated And Projected Benefit Obligation In Excess Of Fair Value Of Plan Assets [Table Text Block]
Additional information related to pension plans was as follows:
Dollars in Millions
 
2016
 
2015
Pension plans with projected benefit obligations in excess of plan assets:
 
 
 
 
Projected benefit obligation
 
$
6,195

 
$
5,310

Fair value of plan assets
 
5,559

 
4,508

Pension plans with accumulated benefit obligations in excess of plan assets:
 
 
 
 
Accumulated benefit obligation
 
$
5,978

 
$
5,156

Fair value of plan assets
 
5,380

 
4,386

Schedule Of Defined Benefit Actuarial Assumptions Benefit Obligations [Table Text Block]
Weighted-average assumptions used to determine defined benefit pension plan obligations at December 31 were as follows:
 
 
2016
 
2015
Discount rate
 
3.5
%
 
3.8
%
Rate of compensation increase
 
0.5
%
 
0.5
%
Schedule Of Defined Benefit Actuarial Assumptions Net Periodic Benefit Cost [Table Text Block]
Weighted-average actuarial assumptions used to determine defined benefit pension plan net periodic benefit (credit)/cost for the years ended December 31 were as follows:
 
 
2016
 
2015
 
2014
Discount rate
 
3.8
%
 
3.6
%
 
4.2
%
Expected long-term return on plan assets
 
7.2
%
 
7.2
%
 
7.6
%
Rate of compensation increase
 
0.5
%
 
0.8
%
 
2.3
%
Schedule Of Defined Benefit Historical Long Term Actual Returns [Table Text Block]
Historical long-term actual annualized returns for U.S. pension plans were as follows:
 
 
2016
 
2015
 
2014
10 years
 
6.1
%
 
6.7
%
 
7.9
%
15 years
 
7.1
%
 
6.0
%
 
6.4
%
20 years
 
7.7
%
 
8.1
%
 
9.3
%
Schedule Of Allocation Of Plan Assets [Table Text Block]
The fair value of pension and postretirement plan assets by asset category at December 31, 2016 and 2015 was as follows:
 
 
December 31, 2016
 
December 31, 2015
Dollars in Millions
 
Level 1
 
Level 2
 
Level 3
 
Total
 
Level 1
 
Level 2
 
Level 3
 
Total
Plan Assets
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Equity securities
 
$
833

 
$

 
$

 
$
833

 
$
785

 
$

 
$

 
$
785

Equity funds
 
138

 
1,230

 

 
1,368

 
452

 
748

 

 
1,200

Fixed income funds
 

 
804

 

 
804

 
249

 
724

 

 
973

Corporate debt securities
 

 
1,405

 

 
1,405

 

 
1,382

 

 
1,382

U.S. Treasury and agency securities
 

 
536

 

 
536

 

 
517

 

 
517

Short-term investment funds
 

 
90

 

 
90

 

 
103

 

 
103

Insurance contracts
 

 

 
112

 
112

 

 

 
115

 
115

Cash and cash equivalents
 
81

 

 

 
81

 
106

 

 

 
106

Other
 

 
93

 

 
93

 
4

 
14

 

 
18

Plan assets subject to leveling
 
$
1,052

 
$
4,158

 
$
112

 
$
5,322

 
$
1,596

 
$
3,488

 
$
115

 
$
5,199

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Plan assets measured at NAV as a practical expedient
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Equity funds
 
 
 
 
 
 
 
$
476

 
 
 
 
 
 
 
$
495

Venture capital and limited partnerships
 
 
 
 
 
 
 
198

 
 
 
 
 
 
 
249

Other
 
 
 
 
 
 
 
166

 
 
 
 
 
 
 
72

Total plan assets measured at NAV as a practical expedient
 
 
 
 
 
840

 
 
 
 
 
 
 
816

Net plan assets
 
 
 
 
 
 
 
$
6,162

 
 
 
 
 
 
 
$
6,015

Schedule of Level Three Defined Benefit Plan Assets Roll Forward [Table Text Block]
The following summarizes the activity for financial assets utilizing Level 3 fair value measurements:
Dollars in Millions
 
Insurance contracts
Fair value at January 1, 2015
 
$
119

Purchases, sales and settlements, net
 
7

Realized losses
 
(11
)
Fair value at December 31, 2015
 
115

Purchases, sales and settlements, net
 
(3
)
Fair value at December 31, 2016
 
$
112