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Commitments: (Tables)
6 Months Ended
Jun. 30, 2012
Commitments:  
Changes in warranty liabilities

 

 

Standard Warranty Liability

 

(Dollars in millions)

 

2012

 

2011

 

Balance at January 1

 

$

407

 

$

375

 

Current period accruals

 

181

 

203

 

Accrual adjustments to reflect actual experience

 

(9

)

18

 

Charges incurred

 

(199

)

(215

)

Balance at June 30

 

$

380

 

$

381

 

 

Extended Warranty Liability

 

(Dollars in millions)

 

2012

 

2011

 

Aggregate deferred revenue at January 1

 

$

636

 

$

670

 

Revenue deferred for new extended warranty contracts

 

127

 

141

 

Amortization of deferred revenue

 

(154

)

(164

)

Other*

 

(6

)

2

 

Aggregate deferred revenue at June 30

 

$

602

 

$

649

 

 

 

 

 

 

 

Current portion

 

$

288

 

$

309

 

Noncurrent portion

 

314

 

340

 

Aggregate deferred revenue at June 30

 

$

602

 

$

649

 

 

 

* Other primarily consists of foreign currency translation adjustments.