ENVIRONMENTAL MATTERS (Tables)

9 Months Ended

Sep. 30, 2014

Accrual for Environmental Loss Contingencies Disclosure [Abstract]

Schedule of changes to environmental remediation liabilities

The amounts charged to pre-tax earnings for environmental remediation and related charges are included in cost of sales and other charges (income), net, and are summarized below:

(Dollars in millions)	Environmental Remediation Liabilities
Balance at December 31, 2013	$	341
Changes in estimates recorded to earnings	7
Cash reductions	(19		)
Balance at September 30, 2014	$	329

Schedule of environmental remediation liabilities, current and non-current

The Company's total environmental reserve for environmental contingencies, including remediation costs and asset retirement obligations, is recorded in the Unaudited Consolidated Statements of Financial Position as follows:

(Dollars in millions)	September 30, 2014		December 31, 2013
Environmental contingent liabilities, current	$	40	$	40
Environmental contingent liabilities, long-term	310		328
Total	$	350	$	368