Recent Accounting Guidance Accounting Pronouncements (Tables)

6 Months Ended

Jun. 30, 2018

Accounting Standards Update 2017-07 [Member]

Schedule of New Accounting Pronouncements and Changes in Accounting Principles

Summary of Changes to the interim Consolidated Income Statement	For the Three Months Ended June 30, 2017 (Predecessor)
(in millions)	As Restated for Discontinued Operations			Effect of Change			Updated
Cost of goods sold	$	4,021		$	(58	)	$	3,963
Research and development expense	$	402		$	(15	)	$	387
Selling, general and administrative expenses	$	1,287		$	(31	)	$	1,256
Sundry income (expense) - net	$	(28	)	$	(104	)	$	(132	)

Summary of Changes to the interim Consolidated Income Statement	For the Six Months Ended June 30, 2017 (Predecessor)
(in millions)	As Restated for Discontinued Operations		Effect of Change			Updated
Cost of goods sold	$	8,230	$	(115	)	$	8,115
Research and development expense	$	786	$	(31	)	$	755
Selling, general and administrative expenses	$	2,508	$	(62	)	$	2,446
Sundry income (expense) - net	$	278	$	(208	)	$	70

Opening Balance Adjustment [Member] | Balance Sheet [Member] | Accounting Standards Update 2014-09 [Member]

Schedule of New Accounting Pronouncements and Changes in Accounting Principles

(In millions, except per share amounts)	As Reported December 31, 2017		Effect of Adoption of ASU 2014-09			Updated January 1, 2018
Current assets
Accounts and notes receivable - net	$	5,239	$	79		$	5,318
Inventories	8,633		(53		)	8,580
Other current assets	981		101			1,082
Deferred income taxes	$	480	$	1		$	481
Liabilities and Equity
Current liabilities
Accounts payable	$	4,831	$	(3	)	$	4,828
Accrued and other current liabilities	4,384		120			4,504
Deferred income tax liabilities	$	5,836	$	3		$	5,839
Retained earnings	$	175	$	8		$	183

Current Period Adjustment [Member] | Balance Sheet [Member] | Accounting Standards Update 2014-09 [Member]

Schedule of New Accounting Pronouncements and Changes in Accounting Principles

	June 30, 2018
(In millions, except per share amounts)	As Reported			Effect of Change			Balance without Adoption of Topic 606
Current assets
Accounts and notes receivable - net	$	7,734		$	(150	)	$	7,584
Inventories	6,303			57			6,360
Other current assets	1,311			(119		)	1,192
Deferred income taxes	$	361		$	(1	)	$	360
Liabilities and Equity
Current liabilities
Accrued and other current liabilities	$	3,024		$	(168	)	$	2,856
Deferred income tax liabilities	$	5,424		$	(11	)	$	5,413
Accumulated deficit	$	(1,201	)	$	(34	)	$	(1,235	)

Current Period Adjustment [Member] | Income Statement [Member] | Accounting Standards Update 2014-09 [Member]

Schedule of New Accounting Pronouncements and Changes in Accounting Principles

	For the Three Months Ended June 30, 2018 (Successor)
(In millions, except per share amounts)	As Reported		Effect of Change			Balance without Adoption of Topic 606
Net sales	$	8,545	$	(49	)	$	8,496
Sundry income (expense) - net	$	194	$	31		$	225
Income from continuing operations before income taxes	$	655	$	(18	)	$	637
Provision for income taxes on continuing operations	$	141	$	(4	)	$	137
Income from continuing operations after income taxes	$	514	$	(14	)	$	500

	For the Six Months Ended June 30, 2018 (Successor)
(In millions, except per share amounts)	As Reported		Effect of Change			Balance without Adoption of Topic 606
Net sales	$	15,244	$	(72	)	$	15,172
Sundry income (expense) - net	$	241	$	37		$	278
Income from continuing operations before income taxes	$	466	$	(35	)	$	431
Provision for income taxes on continuing operations	$	168	$	(8	)	$	160
Income from continuing operations after income taxes	$	298	$	(27	)	$	271