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FAIR VALUE OF FINANCIAL INVESTMENTS AND LIABILITIES (Tables)
12 Months Ended
Dec. 31, 2015
FAIR VALUE OF FINANCIAL INVESTMENTS AND LIABILITIES  
Schedule of financial investments included in other assets

        Financial investments included in other assets were as follows, in millions:

 

                                                                                                                                                                                    

 

 

 

At December 31

 

 

 

2015

 

2014

 

Auction rate securities

 

$

22 

 

$

22 

 

​  

​  

​  

​  

Total recurring investments

 

 

22 

 

 

22 

 

Equity method investments

 

 

13 

 

 

11 

 

Private equity funds

 

 

10 

 

 

14 

 

Other investments

 

 

 

 

 

​  

​  

​  

​  

Total

 

$

48 

 

$

50 

 

​  

​  

​  

​  

​  

​  

​  

​  

 

Schedule of income from financial investments, net, included in other, net, within other income (expense), net,

    Income from financial investments, net, included in other, net, within other income (expense), net, was as follows, in millions:

 

                                                                                                                                                                                    

 

 

 

2015

 

2014

 

2013

 

Equity investment income (loss), net

 

$

2

 

$

(2

)

$

16

 

Realized gains from private equity funds

 

 

6

 

 

4

 

 

11

 

​  

​  

​  

​  

​  

​  

Income from financial investments, net

 

$

8

 

$

2

 

$

27

 

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​  

​  

​  

​  

​  

​  

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