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COMMITMENTS AND CONTINGENT LIABILITIES (Tables)
12 Months Ended
Dec. 31, 2017
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, 2017 and 2016:

Accrued Obligations for Environmental Matters
2017
2016
In millions
Balance at Jan 1
$
909

$
670

Accrual adjustment
172

479

Payments against reserve
(220
)
(246
)
Foreign currency impact
17

6

Balance at Dec 31
$
878

$
909

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, 2017
Dec 31, 2016
In millions
Final
Expiration
Maximum 
Future Payments
Recorded  
Liability  
Final
Expiration
Maximum 
Future Payments
Recorded  
Liability  
Guarantees
2023
$
4,774

$
49

2021
$
5,096

$
86

Residual value guarantees
2027
889

135

2027
947

134

Total guarantees
 
$
5,663

$
184

 
$
6,043

$
220



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, 2017
In millions
2018
$
350

2019
304

2020
272

2021
237

2022
208

2023 and thereafter
918

Total
$
2,289

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, 2017 and 2016:

Asset Retirement Obligations
2017
2016
In millions
Balance at Jan 1
$
110

$
96

Additional accruals 1
3

17

Liabilities settled
(9
)
(9
)
Accretion expense
5

2

Revisions in estimated cash flows
(9
)
5

Other
4

(1
)
Balance at Dec 31
$
104

$
110