DERIVATIVES (Tables)

12 Months Ended

Dec. 31, 2012

Derivative Instruments and Hedging Activities Disclosure [Abstract]

Schedule of Financial Assets and Liabilities Valued on a Recurring Basis

The following chart shows the financial assets and liabilities valued on a recurring basis.

(Dollars in millions)				Fair Value Measurements at December 31, 2012
Description	December 31, 2012			Quoted Prices in Active Markets for Identical Assets (Level 1)		Significant Other Observable Inputs (Level 2)			Significant Unobservable Inputs (Level 3)
Derivative Assets	$	28		$	—	$	28		$	—
Derivative Liabilities	(24		)	—		(19		)	(5		)
	$	4		$	—	$	9		$	(5	)

(Dollars in millions)				Fair Value Measurements at December 31, 2011
Description	December 31, 2011			Quoted Prices in Active Markets for Identical Assets (Level 1)		Significant Other Observable Inputs (Level 2)			Significant Unobservable Inputs (Level 3)
Derivative Assets	$	34		$	—	$	34		$	—
Derivative Liabilities	(23		)	—		(23		)	—
	$	11		$	—	$	11		$	—

Schedule of Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation

The table below presents a rollforward of activity for these assets for the period ended December 31, 2012:

	Level 3 Assets
(Dollars in millions)	Total			Commodity Contracts
Beginning balance at January 1, 2012	$	—		$	—
Realized gain (loss)	(4		)	(4		)
Change in unrealized gain (loss)	(5		)	(5		)
Purchases, sales and settlements	4			4
Transfers (out) in of Level 3	—			—
Ending balance at December 31, 2012	$	(5	)	$	(5	)

Schedule of Derivative Financial Assets and Liabilities Based on Fair Value on Recurring Basis and Balance Sheet Location

Fair Value of Derivatives Designated as Hedging Instruments

(Dollars in millions)		Fair Value Measurements Significant Other Observable Inputs
Derivative Assets	Statement of Financial Position Location	December 31, 2012		December 31, 2011
Cash Flow Hedges
Commodity contracts	Other current assets	$	7	$	1
Commodity contracts	Other noncurrent assets	—		1
Foreign exchange contracts	Other current assets	8		20
Foreign exchange contracts	Other noncurrent assets	13		12
		$	28	$	34

(Dollars in millions)		Fair Value Measurements Significant Other Observable Inputs
Derivative Liabilities	Statement of Financial Position Location	December 31, 2012		December 31, 2011
Cash Flow Hedges
Commodity  contracts	Payables and other current liabilities	$	13	$	8
Foreign exchange contracts	Payables and other current liabilities	8		7
Foreign exchange contracts	Other long-term liabilities	3		7
Forward starting interest rate swap contracts	Payables and other current liabilities	—		1
		$	24	$	23

Schedule of Derivative Instrument Gain Loss in Statement of Financial Performance

Derivatives' Hedging Relationships

(Dollars in millions)		Amount of gain/ (loss) recognized in Income on Derivatives
Derivatives in Fair Value Hedging Relationships	Location of gain/(loss) recognized in Income on Derivatives	December 31, 2012		December 31, 2011
Interest rate contracts	Net interest expense	$	—	$	1
		$	—	$	1

(Dollars in millions)	Amount of after tax of gain/ (loss) recognized in Other Comprehensive Income on Derivatives (effective portion)						Location of gain/(loss) reclassified from Accumulated Other Comprehensive Income into Income (effective portion)	Pre-tax amount of gain/(loss) reclassified from Accumulated Other Comprehensive Income into Income (effective portion)
Derivatives' Cash Flow Hedging Relationships	December 31, 2012			December 31, 2011				December 31, 2012			December 31, 2011
Commodity  contracts	$	—		$	(6	)	Cost of sales	$	(22	)	$	—
Foreign exchange contracts	(15		)	12			Sales	38			—
Forward starting interest rate swap contracts	(28		)	(26		)	Interest Expense	(5		)	—
	$	(43	)	$	(20	)		$	11		$	—