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Employee Benefit Plans (Tables)
12 Months Ended
Dec. 31, 2017
Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block [Line Items]  
Schedule Of Multiemployer Plans Table [Text Block]
(dollars in millions)
 
  
 
Pension
Protection Act
Zone Status
 
FIP/
RP Status
 
Contributions
 
  
 
  
Pension Fund
 
EIN/Pension
Plan Number
 
2017
 
2016
 
Pending/
Implemented
 
2017

 
2016

 
2015

 
Surcharge
Imposed
 
Expiration Date of
Collective-Bargaining
Agreement
National Elevator Industry Pension Plan
 
23-2694291
 
Green
 
Green
 
No
 
$
114

 
$
100

 
$
88

 
No
 
July 8, 2022
Other funds
 
 
 
 
 
 
 
 
 
31

 
31

 
32

 
 
 
 
 
 
 
 
 
 
 
 
 
 
$
145

 
$
131

 
$
120

 
 
 
 
Schedule of Compensation Cost for Share-based Payment Arrangements, Allocation of Share-based Compensation Costs by Plan [Table Text Block]
We measure the cost of all share-based payments, including stock options, at fair value on the grant date and recognize this cost in the Consolidated Statement of Operations as follows:
(dollars in millions)
2017
 
2016
 
2015
Continuing operations
$
192

 
$
152

 
$
158

Discontinued operations

 
1

 
17

Total compensation cost recognized
$
192

 
$
153

 
$
175

Schedule of Stock Options Roll Forward [Table Text Block]
A summary of the transactions under all long-term incentive plans for the year ended December 31, 2017 follows:
 
Stock Options
 
Stock Appreciation Rights
 
Performance Share Units
 
Other
Incentive
Shares/Units

(shares and units in thousands)
Shares

 
Average
Price*

 
Shares

 
Average
Price*

 
Units

 
Average
Price**

 
Outstanding at:
 
 
 
 
 
 
 
 
 
 
 
 
 
December 31, 2016
2,023

 
$
89.72

 
36,413

 
$
87.18

 
1,967

 
$
107.05

 
2,033

Granted
231

 
110.81

 
3,464

 
110.91

 
614

 
110.83

 
1,006

Exercised / earned
(369
)
 
77.17

 
(6,770
)
 
72.86

 
(2
)
 
107.78

 
(441
)
Cancelled
(103
)
 
102.00

 
(720
)
 
95.23

 
(699
)
 
112.16

 
(123
)
  Other
(37
)
 
$
94.30

 
335

 
$
92.54

 
(4
)
 
$
106.38

 
(293
)
December 31, 2017
1,745

 
$
94.35

 
32,722

 
$
92.54

 
1,876

 
$
106.38

 
2,182


*
weighted-average exercise price
**
weighted-average grant stock price
Disclosure Of Share Based Compensation Arrangements By Share Based Payment Award Text Block
The following table summarizes information about equity awards outstanding that are vested and expected to vest and equity awards outstanding that are exercisable at December 31, 2017:
 
 
Equity Awards Vested and Expected to Vest
 
Equity Awards That Are Exercisable
(shares in thousands; aggregate intrinsic value in millions)
 
Awards

 
Average
Price*

 
Aggregate
Intrinsic
Value

 
Remaining
Term**
 
Awards

 
Average
Price*

 
Aggregate
Intrinsic
Value

 
Remaining
Term**
Stock Options/Stock Appreciation Rights
 
34,183

 
$
91.85

 
$
1,221

 
5.5 years
 
21,990

 
$
84.34

 
$
951

 
4.2 years
Performance Share Units/Restricted Stock
 
3,462

 

 
442

 
2.1 years
 
 
 
 
 
 
 
 

*
weighted-average exercise price per share
**
weighted-average contractual remaining term in years
Schedule of Share-based Payment Award, Stock Options, Valuation Assumptions [Table Text Block]
The following table indicates the assumptions used in estimating fair value for the years ended December 31, 2017, 2016 and 2015. Lattice-based option models incorporate ranges of assumptions for inputs; those ranges are as follows:
 
 
2017
 
2016
 
2015
Expected volatility
 
19
%
 
20%

 
20% - 23%

Weighted-average volatility
 
19
%
 
20
%
 
21
%
Expected term (in years)
 
6.5

 
6.5

 
6.0 - 6.8

Expected dividend yield
 
2.4
%
 
2.7
%
 
2.2
%
Risk-free rate
 
0.5% - 2.5%

 
0.2% - 2.6%

 
0.0% - 2.2%

Pension Plan [Member]  
Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block [Line Items]  
Schedule of Defined Benefit Plans Disclosures [Text Block]
(dollars in millions)
2017
 
2016
Change in Benefit Obligation:
 
 
 
Beginning balance
$
34,923

 
$
35,428

Service cost
374

 
383

Interest cost
1,120

 
1,183

Actuarial loss
1,804

 
1,831

Total benefits paid
(1,782
)
 
(1,660
)
Net settlement, curtailment and special termination benefits
(49
)
 
(1,566
)
Other
609

 
(676
)
Ending balance
$
36,999

 
$
34,923

 
 
 
 
Change in Plan Assets:
 
 
 
Beginning balance
$
30,555

 
$
31,011

Actual return on plan assets
4,258

 
3,202

Employer contributions
2,188

 
384

Benefits paid
(1,782
)
 
(1,660
)
Settlements
(41
)
 
(1,632
)
Other
511

 
(750
)
Ending balance
$
35,689

 
$
30,555

 
 
 
 
Funded Status:
 
 
 
Fair value of plan assets
$
35,689

 
$
30,555

Benefit obligations
(36,999
)
 
(34,923
)
Funded status of plan
$
(1,310
)
 
$
(4,368
)
 
 
 
 
Amounts Recognized in the Consolidated Balance Sheet Consist of:
 
 
 
Noncurrent assets
$
957

 
$
451

Current liability
(70
)
 
(72
)
Noncurrent liability
(2,197
)
 
(4,747
)
Net amount recognized
$
(1,310
)
 
$
(4,368
)
 
 
 
 
Amounts Recognized in Accumulated Other Comprehensive Loss Consist of:
 
 
 
Net actuarial loss
$
7,238

 
$
7,941

Prior service cost (credit)
37

 
(6
)
Net amount recognized
$
7,275

 
$
7,935

Schedule of Accumulated Benefit Obligations in Excess of Fair Value of Plan Assets [Table Text Block]
Information for pension plans with accumulated benefit obligations in excess of plan assets: 
(dollars in millions)
2017
 
2016
Projected benefit obligation
$
22,360

 
$
32,732

Accumulated benefit obligation
22,159

 
32,095

Fair value of plan assets
20,438

 
27,943

Schedule of Net Benefit Costs [Table Text Block]
The components of the net periodic pension (benefit) cost are as follows: 
(dollars in millions)
2017
 
2016
 
2015
Pension Benefits:
 
 
 
 
 
Service cost
$
374

 
$
383

 
$
493

Interest cost
1,120

 
1,183

 
1,399

Expected return on plan assets
(2,215
)
 
(2,202
)
 
(2,264
)
Amortization of prior service credit
(36
)
 
(33
)
 
(11
)
Recognized actuarial net loss
575

 
572

 
882

Net settlement, curtailment and special termination benefits loss
3

 
498

 
150

Net periodic pension (benefit) cost - employer
$
(179
)
 
$
401

 
$
649

Schedule of Amounts Recognized in Other Comprehensive Income (Loss) [Table Text Block]
Other changes in plan assets and benefit obligations recognized in other comprehensive loss in 2017 are as follows: 
(dollars in millions)
  
Current year actuarial gain
$
(239
)
Amortization of actuarial loss
(575
)
Current year prior service cost
4

Amortization of prior service credit
36

Net settlement and curtailment loss
(11
)
Other
125

Total recognized in other comprehensive loss
$
(660
)
Net recognized in net periodic pension (benefit) cost and other comprehensive loss
$
(839
)
Schedule of Amounts in Accumulated Other Comprehensive Income (Loss) to be Recognized over Next Fiscal Year [Table Text Block]
The estimated amount that will be amortized from accumulated other comprehensive loss into net periodic pension (benefit) cost in 2018 is as follows:
(dollars in millions)
  
Net actuarial loss
$
402

Prior service credit
(41
)
 
$
361

Schedule of Assumptions Used [Table Text Block]
Major assumptions used in determining the benefit obligation and net cost for pension plans are presented in the following table as weighted-averages: 
 
 
Benefit Obligation
 
Net Cost
  
 
2017
 
2016
 
2017
 
2016
 
2015
Discount rate
 
 
 
 
 
 
 
 
 
 
PBO
 
3.4
%
 
3.8
%
 
3.8
%
 
4.1
%
 
3.8
%
Interest cost1
 

 

 
3.3
%
 
3.4
%
 

Service cost1
 

 

 
3.6
%
 
3.8
%
 

Salary scale
 
4.2
%
 
4.1
%
 
4.1
%
 
4.2
%
 
4.2
%
Expected return on plan assets
 

 

 
7.3
%
 
7.3
%
 
7.6
%

Note 1
The 2017 and 2016 discount rates used to measure the service cost and interest cost applies to our significant plans. The PBO discount rate is used for the service cost and interest cost measurements for non-significant plans.
Schedule of Allocation of Plan Assets [Table Text Block]
The fair values of pension plan assets at December 31, 2017 and 2016 by asset category are as follows:
(dollars in millions)
Quoted Prices in
Active Markets
For Identical Assets
(Level 1)

 
Significant
Observable 
Inputs
(Level 2)

 
Significant
Unobservable 
Inputs
(Level 3)

 
Not Subject to Leveling

 
Total

Asset Category:
 
 
 
 
 
 
 
 
 
Public Equities
 
 
 
 
 
 
 
 
 
Global Equities
$
3,129

 
$
3

 
$

 
$

 
$
3,132

Global Equity Commingled Funds1

 
1,084

 

 

 
1,084

Enhanced Global Equities 2
213

 
819

 

 

 
1,032

Global Equity Funds at net asset value8 

 

 

 
7,599

 
7,599

Private Equities 3,8

 

 
46

 
1,170

 
1,216

Fixed Income Securities

 

 

 

 
 
Governments
1,445

 
69

 

 

 
1,514

Corporate Bonds

 
10,929

 

 

 
10,929

Fixed Income Securities8

 

 

 
3,519

 
3,519

Real Estate 4,8

 
15

 
1,446

 
396

 
1,857

Other 5,8

 
287

 

 
2,509

 
2,796

Cash & Cash Equivalents 6,8

 
79

 

 
498

 
577

Subtotal
$
4,787

 
$
13,285

 
$
1,492

 
$
15,691

 
35,255

Other Assets & Liabilities7
 
 
 
 
 
 
 
 
434

Total at December 31, 2017
 
 
 
 
 
 
 
 
$
35,689

Public Equities
 
 
 
 
 
 
 
 
 
Global Equities
$
4,682

 
$
3

 
$

 
$

 
$
4,685

Global Equity Commingled Funds1

 
367

 

 

 
367

Enhanced Global Equities 2
168

 
1,494

 

 

 
1,662

Global Equity Funds at net asset value 8 

 

 

 
7,090

 
7,090

Private Equities 3,8

 

 
122

 
1,239

 
1,361

Fixed Income Securities

 

 

 


 
 
Governments
260

 
54

 

 

 
314

Corporate Bonds

 
7,637

 

 

 
7,637

Fixed Income Securities8

 

 

 
2,788

 
2,788

Real Estate 4,8

 
17

 
1,285

 
513

 
1,815

Other 5,8

 
289

 

 
1,819

 
2,108

Cash & Cash Equivalents 6,8
100

 
75

 

 
121

 
296

Subtotal
$
5,210

 
$
9,936

 
$
1,407

 
$
13,570

 
30,123

Other Assets & Liabilities7
 
 
 
 
 
 
 
 
432

Total at December 31, 2016
 
 
 
 
 
 
 
 
$
30,555


Note 1
Represents commingled funds that invest primarily in common stocks.
Note 2
Represents enhanced equity separate account and commingled fund portfolios. A portion of the portfolio may include long-short market neutral and relative value strategies that invest in publicly traded, equity and fixed income securities, as well as derivatives of equity and fixed income securities and foreign currency.
Note 3
Represents limited partner investments with general partners that primarily invest in debt and equity.
Note 4
Represents investments in real estate including commingled funds and directly held properties.
Note 5
Represents insurance contracts and global balanced risk commingled funds consisting mainly of equity, bonds and some commodities.
Note 6
Represents short-term commercial paper, bonds and other cash or cash-like instruments.
Note 7
Represents trust receivables and payables that are not leveled.
Note 8
In accordance with ASU 2015-07, Fair Value Measurement (Topic 820), certain investments that are measured at fair value using the net asset value per share (or its equivalent) practical expedient have not been classified in the fair value hierarchy. The fair value amounts presented in this table are intended to permit reconciliation of the fair value hierarchy to the amounts presented for the total pension benefits plan assets.
Schedule of Effect of Significant Unobservable Inputs, Changes in Plan Assets [Table Text Block]
The fair value measurement of plan assets using significant unobservable inputs (Level 3) changed due to the following:
(dollars in millions)
Private
Equities

 
Real
Estate

 
Total

Balance, December 31, 2015
$
182

 
$
1,165

 
$
1,347

Realized gains
46

 
19

 
65

Unrealized gains relating to instruments still held in the reporting period
5

 
18

 
23

Purchases, sales, and settlements, net
(111
)
 
83

 
(28
)
Balance, December 31, 2016
122

 
1,285

 
1,407

Realized gains
61

 
31

 
92

Unrealized (losses) gains relating to instruments still held in the reporting period
(47
)
 
17

 
(30
)
Purchases, sales, and settlements, net
(90
)
 
113

 
23

Balance, December 31, 2017
$
46

 
$
1,446

 
$
1,492

Other Postretirement Benefits Plan [Member]  
Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block [Line Items]  
Schedule of Defined Benefit Plans Disclosures [Text Block]
(dollars in millions)
2017
 
2016
Change in Benefit Obligation:
 
 
 
Beginning balance
$
805

 
$
890

Service cost
2

 
3

Interest cost
29

 
34

Actuarial gain
(4
)
 
(48
)
Total benefits paid
(87
)
 
(97
)
Other
22

 
23

Ending balance
$
767

 
$
805

 
 
 
 
Change in Plan Assets:
 
 
 
Beginning balance
$

 
$

Employer contributions
71

 
80

Benefits paid
(87
)
 
(97
)
Other
16

 
17

Ending balance
$

 
$

 
 
 
 
Funded Status:
 
 
 
Fair value of plan assets
$

 
$

Benefit obligations
(767
)
 
(805
)
Funded status of plan
$
(767
)
 
$
(805
)
 
 
 
 
Amounts Recognized in the Consolidated Balance Sheet Consist of:
 
 
 
Current liability
$
(72
)
 
$
(78
)
Noncurrent liability
(695
)
 
(727
)
Net amount recognized
$
(767
)
 
$
(805
)
 
 
 
 
Amounts Recognized in Accumulated Other Comprehensive Loss Consist of:
 
 
 
Net actuarial gain
$
(143
)
 
$
(152
)
Prior service credit
(10
)
 
(5
)
Net amount recognized
$
(153
)
 
$
(157
)

Schedule of Net Benefit Costs [Table Text Block]
The components of net periodic benefit cost are as follows:
(dollars in millions)
2017
 
2016
 
2015
Other Postretirement Benefits:
 
 
 
 
 
Service cost
$
2

 
$
3

 
$
3

Interest cost
29

 
34

 
34

Amortization of prior service credit
(1
)
 

 

Recognized actuarial net gain
(9
)
 
(4
)
 
(4
)
Net settlement and curtailment gain

 

 
(1
)
Net periodic other postretirement benefit cost
$
21

 
$
33

 
$
32

Schedule of Amounts Recognized in Other Comprehensive Income (Loss) [Table Text Block]
Other changes in plan assets and benefit obligations recognized in other comprehensive loss in 2017 are as follows:
(dollars in millions)
  
Current year actuarial gain
$
(2
)
Current year prior service credit
(6
)
Amortization of prior service credit
1

Amortization of actuarial net gain
9

Other
2

Total recognized in other comprehensive loss
$
4

Net recognized in net periodic other postretirement benefit cost and other comprehensive loss
$
25

Schedule of Assumptions Used [Table Text Block]
Major assumptions used in determining the benefit obligation and net cost for postretirement plans are presented in the following table as weighted-averages: 
 
Benefit Obligation
 
Net Cost
  
2017
 
2016
 
2017
 
2016
 
2015
Discount rate
3.4
%
 
3.8
%
 
3.8
%
 
4.0
%
 
3.8
%
Schedule of Health Care Cost Trend Rates [Table Text Block]
Assumed health care cost trend rates are as follows: 
 
2017
 
2016
Health care cost trend rate assumed for next year
7.0
%
 
6.5
%
Rate that the cost trend rate gradually declines to
5.0
%
 
5.0
%
Year that the rate reaches the rate it is assumed to remain at
2026

 
2022

Schedule of Effect of One-Percentage-Point Change in Assumed Health Care Cost Trend Rates [Table Text Block]
A one-percentage-point change in assumed health care cost trend rates would have the following effects:
 
2017 One-Percentage-Point
(dollars in millions)
Increase

 
Decrease

Effect on total service and interest cost
$
2

 
$
(2
)
Effect on postretirement benefit obligation
40

 
(35
)