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COMMITMENTS AND CONTINGENT LIABILITIES (Tables)
12 Months Ended
Dec. 31, 2018
Commitments and Contingencies Disclosure [Abstract]  
Environmental Loss Contingency Disclosure
The following table summarizes the activity in the Company's accrued obligations for environmental matters for the years ended December 31, 2018 and 2017:

Accrued Obligations for Environmental Matters
2018
2017
In millions
Balance at Jan 1
$
865

$
904

Accrual adjustment
176

163

Payments against reserve
(208
)
(219
)
Foreign currency impact
(23
)
17

Balance at Dec 31
$
810

$
865

Schedule of Guarantor Obligations
The following table provides a summary of the final expiration, maximum future payments and recorded liability reflected in the consolidated balance sheets for each type of guarantee:

Guarantees
Dec 31, 2018
Dec 31, 2017
In millions
Final
Expiration
Maximum 
Future Payments
Recorded  
Liability  
Final
Expiration
Maximum 
Future Payments
Recorded  
Liability  
Guarantees
2023
$
4,273

$
22

2023
$
4,434

$
44

Residual value guarantees
2028
885

130

2027
889

135

Total guarantees
 
$
5,158

$
152

 
$
5,323

$
179



Schedule of Future Minimum Rental Payments for Operating Leases
Future minimum payments under leases with remaining non-cancelable terms in excess of one year are as follows:

Minimum Lease Commitments at Dec 31, 2018
In millions
2019
$
366

2020
329

2021
296

2022
269

2023
227

2024 and thereafter
855

Total
$
2,342

Schedule of Change in Asset Retirement Obligation
The following table shows changes in the aggregate carrying amount of the Company’s asset retirement obligations for the years ended December 31, 2018 and 2017:

Asset Retirement Obligations
2018
2017
In millions
Balance at Jan 1
$
100

$
104

Additional accruals
9

2

Liabilities settled
(3
)
(6
)
Accretion expense
3

5

Revisions in estimated cash flows

(9
)
Other

4

Balance at Dec 31
$
109

$
100