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PENSION AND POSTRETIREMENT BENEFIT PLANS (Tables)
12 Months Ended
Dec. 31, 2015
Compensation and Retirement Disclosure [Abstract]  
Schedule Of Net Benefit Costs [Table Text Block]
The net periodic benefit cost/(credit) of defined benefit pension and postretirement benefit plans includes:
 
 
Pension Benefits
 
Other Benefits
Dollars in Millions
 
2015
 
2014
 
2013
 
2015
 
2014
 
2013
Service cost — benefits earned during the year
 
$
25

 
$
34

 
$
38

 
$
4

 
$
4

 
$
8

Interest cost on projected benefit obligation
 
242

 
305

 
302

 
13

 
14

 
13

Expected return on plan assets
 
(405
)
 
(508
)
 
(519
)
 
(27
)
 
(27
)
 
(26
)
Amortization of prior service credits
 
(3
)
 
(3
)
 
(4
)
 
(6
)
 
(1
)
 
(2
)
Amortization of net actuarial (gain)/loss
 
91

 
110

 
134

 
3

 
(2
)
 
1

Curtailments
 
(1
)
 
1

 

 

 
(4
)
 

Settlements
 
161

 
866

 
165

 

 

 

Special termination benefits
 

 
14

 

 

 

 

Net periodic benefit cost/(credit)
 
$
110

 
$
819

 
$
116

 
$
(13
)
 
$
(16
)
 
$
(6
)
Schedule Of Defined Benefit Obligations And Assets [Table Text Block]
Changes in defined benefit and postretirement benefit plan obligations, assets, funded status and amounts recognized in the consolidated balance sheets were as follows:
 
 
Pension Benefits
 
Other Benefits
Dollars in Millions
 
2015
 
2014
 
2015
 
2014
Benefit obligations at beginning of year
 
$
7,068

 
$
7,233

 
$
402

 
$
404

Service cost—benefits earned during the year
 
25

 
34

 
4

 
4

Interest cost
 
242

 
305

 
13

 
14

Plan participants’ contributions
 
2

 
2

 
24

 
22

Curtailments
 

 
(27
)
 

 
(3
)
Settlements
 
(336
)
 
(1,774
)
 

 

Plan amendments
 
(3
)
 
(2
)
 

 
(7
)
Actuarial (gains)/losses
 
(321
)
 
1,673

 
(26
)
 
28

Retiree Drug Subsidy
 

 

 
5

 
6

Benefits paid
 
(105
)
 
(216
)
 
(62
)
 
(62
)
Exchange rate gains
 
(154
)
 
(160
)
 
(5
)
 
(4
)
Benefit obligations at end of year
 
$
6,418

 
$
7,068

 
$
355

 
$
402

 
 
 
 
 
 
 
 
 
Fair value of plan assets at beginning of year
 
$
6,148

 
$
7,406

 
$
357

 
$
347

Actual return on plan assets
 
(5
)
 
750

 
(4
)
 
36

Employer contributions
 
118

 
124

 
8

 
8

Plan participants’ contributions
 
2

 
2

 
24

 
22

Settlements
 
(336
)
 
(1,774
)
 

 

Retiree Drug Subsidy
 

 

 
5

 
6

Benefits paid
 
(105
)
 
(216
)
 
(62
)
 
(62
)
Exchange rate losses
 
(135
)
 
(144
)
 

 

Fair value of plan assets at end of year
 
$
5,687

 
$
6,148

 
$
328

 
$
357

 
 
 
 
 
 
 
 
 
Funded status
 
$
(731
)
 
$
(920
)
 
$
(27
)
 
$
(45
)
 
 
 
 
 
 
 
 
 
Assets/(Liabilities) recognized:
 
 
 
 
 
 
 
 
Other assets
 
$
71

 
$
40

 
$
96

 
$
91

Accrued expenses
 
(37
)
 
(36
)
 
(10
)
 
(11
)
Pension and other postretirement liabilities
 
(765
)
 
(924
)
 
(113
)
 
(125
)
Funded status
 
$
(731
)
 
$
(920
)
 
$
(27
)
 
$
(45
)
 
 
 
 
 
 
 
 
 
Recognized in accumulated other comprehensive loss:
 
 
 
 
 
 
 
 
Net actuarial (gains)/losses
 
$
3,140

 
$
3,304

 
$
(22
)
 
$
(24
)
Prior service credit
 
(39
)
 
(40
)
 
(4
)
 
(9
)
Total
 
$
3,101

 
$
3,264

 
$
(26
)
 
$
(33
)
Schedule Of Accumulated And Projected Benefit Obligation In Excess Of Fair Value Of Plan Assets [Table Text Block]
Additional information related to pension plans was as follows:
Dollars in Millions
 
2015
 
2014
Pension plans with projected benefit obligations in excess of plan assets:
 
 
 
 
Projected benefit obligation
 
$
5,310

 
$
5,877

Fair value of plan assets
 
4,508

 
4,917

Pension plans with accumulated benefit obligations in excess of plan assets:
 
 
 
 
Accumulated benefit obligation
 
$
5,156

 
$
5,731

Fair value of plan assets
 
4,386

 
4,823

Schedule Of Defined Benefit Actuarial Assumptions Benefit Obligations [Table Text Block]
Weighted-average assumptions used to determine benefit obligations at December 31 were as follows:
 
 
Pension Benefits
 
Other Benefits
 
 
2015
 
2014
 
2015
 
2014
Discount rate
 
3.8
%
 
3.6
%
 
3.6
%
 
3.4
%
Rate of compensation increase
 
0.5
%
 
0.8
%
 
2.0
%
 
2.0
%
Schedule Of Defined Benefit Actuarial Assumptions Net Periodic Benefit Cost [Table Text Block]
Weighted-average actuarial assumptions used to determine net periodic benefit (credit)/cost for the years ended December 31 were as follows:
 
 
Pension Benefits
 
Other Benefits
 
 
2015
 
2014
 
2013
 
2015
 
2014
 
2013
Discount rate
 
3.6
%
 
4.2
%
 
4.1
%
 
3.4
%
 
3.7
%
 
3.0
%
Expected long-term return on plan assets
 
7.2
%
 
7.6
%
 
8.0
%
 
7.8
%
 
8.3
%
 
8.8
%
Rate of compensation increase
 
0.8
%
 
2.3
%
 
2.3
%
 
2.0
%
 
2.1
%
 
2.1
%
Schedule Of Defined Benefit Historical Long Term Actual Returns [Table Text Block]
Historical long-term actual annualized returns for U.S. pension plans were as follows:
 
 
2015
 
2014
 
2013
10 years
 
6.7
%
 
7.9
%
 
8.0
%
15 years
 
6.0
%
 
6.4
%
 
6.8
%
20 years
 
8.1
%
 
9.3
%
 
8.8
%
Schedule Of Health Care Cost Trend Rates [Table Text Block]
Assumed healthcare cost trend rates at December 31 were as follows:
 
 
2015
 
2014
 
2013
Healthcare cost trend rate assumed for next year
 
5.5
%
 
6.0
%
 
6.4
%
Rate to which the cost trend rate is assumed to decline (the ultimate trend rate)
 
4.5
%
 
4.5
%
 
4.5
%
Year that the rate reaches the ultimate trend rate
 
2018

 
2018

 
2019

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 healthcare cost trend rates would not have a material impact on the cost or benefit obligation.
Schedule Of Allocation Of Plan Assets [Table Text Block]
The fair value of pension and postretirement plan assets by asset category at December 31, 2015 and 2014 was as follows:
 
 
December 31, 2015
 
December 31, 2014
Dollars in Millions
 
Level 1
 
Level 2
 
Level 3
 
Total
 
Level 1
 
Level 2
 
Level 3
 
Total
Equity Securities
 
$
785

 
$

 
$

 
$
785

 
$
1,115

 
$

 
$

 
$
1,115

Equity Funds
 
521

 
1,174

 

 
1,695

 
446

 
1,113

 

 
1,559

Fixed Income Funds
 
249

 
724

 

 
973

 
340

 
777

 

 
1,117

Corporate Debt Securities
 

 
1,382

 

 
1,382

 

 
1,481

 

 
1,481

Venture Capital and Limited Partnerships
 

 

 
249

 
249

 

 

 
327

 
327

U.S. Treasury and Agency Securities
 

 
517

 

 
517

 

 
557

 

 
557

Short-Term Investment Funds
 

 
103

 

 
103

 

 
63

 

 
63

Insurance Contracts
 

 

 
115

 
115

 

 

 
119

 
119

Event Driven Hedge Funds
 

 
72

 

 
72

 

 
71

 

 
71

Cash and Cash Equivalents
 
106

 

 

 
106

 
76

 

 

 
76

Other
 
4

 
14

 

 
18

 
4

 
16

 

 
20

Total plan assets at fair value
 
$
1,665

 
$
3,986

 
$
364

 
$
6,015

 
$
1,981

 
$
4,078

 
$
446

 
$
6,505

Schedule of Level Three Defined Benefit Plan Assets Roll Forward [Table Text Block]
The following summarizes the activity for financial assets utilizing Level 3 fair value measurements:
Dollars in Millions
 
Venture Capital
and Limited
Partnerships
 
Insurance
Contracts
 
Total
Fair value at January 1, 2014
 
$
369

 
$
142

 
$
511

Purchases, sales and settlements, net
 
(88
)
 
(15
)
 
(103
)
Realized gains/(losses)
 
61

 
(15
)
 
46

Unrealized gains/(losses)
 
(15
)
 
7

 
(8
)
Fair value at December 31, 2014
 
327

 
119

 
446

Purchases, sales and settlements, net
 
(92
)
 
7

 
(85
)
Realized gains/(losses)
 
41

 
(11
)
 
30

Unrealized losses
 
(27
)
 

 
(27
)
Fair value at December 31, 2015
 
$
249

 
$
115

 
$
364