FINANCIAL INSTRUMENTS AND FAIR VALUE MEASUREMENTS (Tables)

6 Months Ended

Jun. 30, 2015

Investments, Debt and Equity Securities [Abstract]

Schedule of Fair Value, Assets and Liabilities Measured on Recurring Basis [Table Text Block]

Financial assets and liabilities measured at fair value on a recurring basis are summarized below:

	June 30, 2015											December 31, 2014
Dollars in Millions	Level 1		Level 2			Level 3			Total			Level 1		Level 2			Level 3			Total
Cash and cash equivalents - Money market and other securities	$	—	$	3,780		$	—		$	3,780		$	—	$	5,051		$	—		$	5,051
Marketable securities:
Certificates of deposit	—		263			—			263			—		896			—			896
Commercial paper	—		100			—			100			—		—			—			—
Corporate debt securities	—		5,426			—			5,426			—		5,259			—			5,259
Equity funds	—		97			—			97			—		94			—			94
Fixed income funds	—		11			—			11			—		11			—			11
Auction Rate Securities (ARS)	—		—			12			12			—		—			12			12
Derivative assets:
Interest rate swap contracts	—		24			—			24			—		46			—			46
Forward starting interest rate swap contracts	—		53			—			53			—		—			—			—
Foreign currency forward contracts	—		83			—			83			—		118			—			118
Equity investments	64		—			—			64			36		—			—			36
Derivative liabilities:
Interest rate swap contracts	—		—			—			—			—		(3		)	—			(3		)
Foreign currency forward contracts	—		(13		)	—			(13		)	—		—			—			—
Written option liabilities	—		—			(93		)	(93		)	—		—			(198		)	(198		)
Contingent consideration liability	—		—			(8		)	(8		)	—		—			(8		)	(8		)

Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Table Text Block]

The following table summarizes the activity for financial assets and liabilities utilizing Level 3 fair value measurements:

	2015								2014
Dollars in Millions	ARS		Written option liabilities			Contingent consideration liability			ARS		Written option liabilities			Contingent consideration liability
Fair value at January 1	$	12	$	(198	)	$	(8	)	$	12	$	(162	)	$	(8	)
Settlements	—		69			—			—		—			—
Changes in fair value	—		36			—			—		(36		)	—
Fair value at June 30	$	12	$	(93	)	$	(8	)	$	12	$	(198	)	$	(8	)

Available-for-sale Securities [Table Text Block]

The following table summarizes available-for-sale securities:

Dollars in Millions	Amortized Cost		Gross Unrealized Gain in Accumulated OCI		Gross Unrealized Loss in Accumulated OCI			Fair Value
June 30, 2015
Certificates of deposit	$	263	$	—	$	—		$	263
Commercial paper	100		—		—			100
Corporate debt securities	5,406		27		(7		)	5,426
ARS	9		3		—			12
Equity investments	47		20		(3		)	64
Total	$	5,825	$	50	$	(10	)	$	5,865
December 31, 2014
Certificates of deposit	$	896	$	—	$	—		$	896
Corporate debt securities	5,237		30		(8		)	5,259
ARS	9		3		—			12
Equity investments	14		22		—			36
Total	$	6,156	$	55	$	(8	)	$	6,203

Schedule of Derivatives and Fair Value [Table Text Block]

The following table summarizes the fair value of outstanding derivatives:

		June 30, 2015					December 31, 2014
Dollars in Millions	Balance Sheet Location	Notional		Fair Value			Notional		Fair Value
Derivatives designated as hedging instruments:
Interest rate swap contracts	Other assets	$	1,250	$	24		$	847	$	46
Interest rate swap contracts	Other liabilities	500		—			1,050		(3		)
Forward starting interest rate swap contracts	Other assets	750		53			—		—
Foreign currency forward contracts	Prepaid expenses and other	705		63			1,323		106
Foreign currency forward contracts	Other assets	117		20			100		12
Foreign currency forward contracts	Accrued expenses	675		(13		)	—		—

Schedule of Fair Value and Other Adjustments to Long Term Debt [Table Text Block]

Long-term debt includes:

Dollars in Millions	June 30, 2015			December 31, 2014
Principal Value	$	6,368		$	6,804
Adjustments to Principal Value:
Fair value of interest rate swap contracts	24			43
Unamortized basis adjustment from interest rate swap contract terminations	282			454
Unamortized bond discounts	(59		)	(59		)
Total	$	6,615		$	7,242

Schedule of Note Issuances [Table Text Block]

The following table summarizes the note issuances:

Amounts in Millions	Euro			U.S. dollars
Principal Value:
1.000% Euro Notes due 2025	€	575		$	643
1.750% Euro Notes due 2035	575			643
Total	€	1,150		$	1,286
Proceeds net of discount and deferred loan issuance costs	€	1,133		$	1,268
Forward starting interest rate swap contracts terminated:
Notional amount	€	500		$	559
Unrealized loss	(16		)	(18		)

Schedule of Debt Repurchases [Table Text Block]

Debt redemption activity was as follows:

	Six Months Ended		Six Months Ended
Dollars in Millions	June 30, 2015		June 30, 2014
Principal amount	$	1,624	$	582
Carrying value	1,795		633
Debt redemption price	1,957		676
Notional amount of interest rate swap contracts terminated	735		500
Interest rate swap contract termination payments	11		4
Loss on debt redemption(a)	180		45

(a) Including acceleration of debt issuance costs, loss on interest rate lock contract and other related fees.