ENVIRONMENTAL MATTERS AND ASSET RETIREMENT OBLIGATIONS (Tables)

3 Months Ended

Mar. 31, 2016

Accrual for Environmental Loss Contingencies Disclosure [Abstract]

Schedule of environmental remediation liabilities, current and non-current

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

(Dollars in millions)	March 31, 2016		December 31, 2015
Environmental contingent liabilities, current	$	30	$	35
Environmental contingent liabilities, long-term	302		301
Total	$	332	$	336

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. Changes in the reserves for environmental remediation liabilities during first three months2016 are summarized below:

(Dollars in millions)	Environmental Remediation Liabilities
Balance at December 31, 2015	$	308
Changes in estimates recognized in earnings and other	3
Cash reductions	(6		)
Balance at March 31, 2016	$	305