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FINANCIAL INSTRUMENTS AND FAIR VALUE MEASUREMENTS (Tables)
12 Months Ended
Dec. 31, 2015
Financial Instruments [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:
 
 
December 31, 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
 
$

 
$
1,825

 
$

 
$
1,825

 
$

 
$
5,051

 
$

 
$
5,051

Marketable securities:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Certificates of deposit
 

 
804

 

 
804

 

 
896

 

 
896

Corporate debt securities
 

 
5,638

 

 
5,638

 

 
5,259

 

 
5,259

Equity funds
 

 
92

 

 
92

 

 
94

 

 
94

Fixed income funds
 

 
11

 

 
11

 

 
11

 

 
11

Auction Rate Securities (ARS)
 

 

 

 

 

 

 
12

 
12

Derivative assets:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Interest rate swap contracts
 

 
31

 

 
31

 

 
46

 

 
46

Forward starting interest rate swap contracts
 

 
15

 

 
15

 

 

 

 

Foreign currency forward contracts
 

 
50

 

 
50

 

 
118

 

 
118

Equity investments
 
60

 

 

 
60

 
36

 

 

 
36

Derivative liabilities:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Interest rate swap contracts
 

 
(1
)
 

 
(1
)
 

 
(3
)
 

 
(3
)
Forward starting interest rate swap contracts
 

 
(7
)
 

 
(7
)
 

 

 

 

Foreign currency forward contracts
 

 
(10
)
 

 
(10
)
 

 

 

 

Written option liabilities
 

 

 

 

 

 

 
(198
)
 
(198
)
Contingent consideration liability
 

 

 

 

 

 

 
(8
)
 
(8
)

Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Table Text Block]
The following table summarizes the activity of the financial assets 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
)
Realized losses
(2
)
 

 

 

 

 

Sales
(7
)
 

 

 

 

 

Settlements and other

 
75

 

 

 

 

Changes in fair value
(3
)
 
123

 
8

 

 
(36
)
 

Fair value at December 31
$

 
$

 
$

 
$
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
 
 
December 31, 2015
 
 
 
 
 
 
 
 
 
Certificates of deposit
 
$
804

 
$

 
$

 
$
804

 
Corporate debt securities
 
5,646

 
15

 
(23
)
 
5,638

 
Equity investments
 
74

 
10

 
(24
)
 
60

 
Total
 
$
6,524

 
$
25

 
$
(47
)
 
$
6,502

 
 
 
 
 
 
 
 
 
 
 
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 summarizes the fair value of outstanding derivatives:
 
 
 
 
December 31, 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
 
$
1,100

 
$
31

 
$
847

 
$
46

Interest rate swap contracts
 
Other liabilities
 
650

 
(1
)
 
1,050

 
(3
)
Forward starting interest rate swap contracts
 
Other assets
 
500

 
15

 

 

Forward starting interest rate swap contracts
 
Other liabilities
 
250

 
(7
)
 

 

Foreign currency forward contracts
 
Prepaid expenses and other
 
1,016

 
50

 
1,323

 
106

Foreign currency forward contracts
 
Other assets
 

 

 
100

 
12

Foreign currency forward contracts
 
Accrued expenses
 
787

 
(10
)
 

 

Schedule of Long-term Debt Instruments [Table Text Block]
Long-term debt includes:
 
 
December 31,
Dollars in Millions
 
2015
 
2014
Principal Value:
 
 
 
 
4.375% Euro Notes due 2016
 
$

 
$
611

0.875% Notes due 2017
 
750

 
750

1.750% Notes due 2019
 
500

 
500

4.625% Euro Notes due 2021
 

 
611

2.000% Notes due 2022
 
750

 
750

7.150% Debentures due 2023
 
302

 
304

3.250% Notes due 2023
 
500

 
500

1.000% Euro Notes due 2025
 
630

 

6.800% Debentures due 2026
 
256

 
330

1.750% Euro Notes due 2035
 
630

 

5.875% Notes due 2036
 
404

 
625

6.125% Notes due 2038
 
278

 
480

3.250% Notes due 2042
 
500

 
500

4.500% Notes due 2044
 
500

 
500

6.880% Debentures due 2097
 
260

 
260

0% - 5.75% Other - maturing 2017 - 2030
 
79

 
83

Subtotal
 
6,339

 
6,804

 
 
 
 
 
Adjustments to Principal Value:
 
 
 
 
Fair value of interest rate swap contracts
 
30

 
43

Unamortized basis adjustment from swap terminations
 
272

 
454

Unamortized bond discounts and issuance costs(a)
 
(91
)
 
(59
)
Total
 
$
6,550

 
$
7,242

(a)
Excludes unamortized bond issuance costs of $34 million that were not reclassified at December 31, 2014.

Schedule of Note Issuances [Table Text Block]
The following table summarizes the note issuances:
 
2015
 
2013
Amounts in Millions
Euro
 
U.S. dollars
 
U.S. dollars
Principal Value:
 
 
 
 
 
1.750% Notes due 2019

 
$

 
$
500

3.250% Notes due 2023

 

 
500

1.000% Euro Notes due 2025
575

 
643

 

1.750% Euro Notes due 2035
575

 
643

 

4.500% Notes due 2044

 

 
500

Total
1,150

 
$
1,286

 
$
1,500

 
 
 
 
 
 
Proceeds net of discount and deferred loan issuance costs
1,133

 
$
1,268

 
$
1,477

 
 
 
 
 
 
Forward starting interest rate swap contracts terminated:
 
 
 
 
 
Notional amount
500

 
$
559

 
$
305

Unrealized gain/(loss)
(16
)
 
(18
)
 
20

Schedule of Debt Repurchases [Table Text Block]
There were no debt redemptions in 2013. Debt redemption activity for 2015 and 2014 was as follows:
Dollars in Millions
 
2015
 
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 termination payments
 
11

 
4

Loss on debt redemption(a)
 
180

 
45