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Commitments (Tables)
3 Months Ended
Mar. 31, 2017
Commitments:  
Changes in warranty liabilities

Standard Warranty Liability

 

(Dollars in millions)

 

2017

 

2016

 

Balance at January 1

 

$

156

 

$

181

 

Current period accruals

 

32

 

27

 

Accrual adjustments to reflect actual experience

 

1

 

(2

)

Charges incurred

 

(41

)

(41

)

 

 

 

 

 

 

Balance at March 31

 

$

147

 

$

164

 

 

 

 

 

 

 

 

 

 

Extended Warranty Liability

 

(Dollars in millions)

 

2017

 

2016

 

Aggregate deferred revenue at January 1

 

$

531

 

$

538

 

Revenue deferred for new extended warranty contracts

 

58

 

49

 

Amortization of deferred revenue

 

(68

)

(66

)

Other*

 

7

 

9

 

 

 

 

 

 

 

Aggregate deferred revenue at March 31

 

$

528

 

$

531

 

 

 

 

 

 

 

 

 

Current portion

 

$

250

 

$

247

 

Noncurrent portion

 

$

278

 

$

284

 

 

*

Other primarily consists of foreign currency translation adjustments.