COMMITMENTS AND CONTINGENT LIABILITIES (Tables)

9 Months Ended

Sep. 30, 2016

Commitments and Contingencies Disclosure [Abstract]

Table of Guarantees by Type

Guarantees at September 30, 2016 In millions	Final Expiration	Maximum Future Payments		Recorded   Liability
Guarantees	2021	$	4,884	$	74
Residual value guarantees	2025	917		114
Total guarantees		$	5,801	$	188

Guarantees at December 31, 2015 In millions	Final Expiration	Maximum Future Payments		Recorded   Liability
Guarantees	2021	$	4,910	$	102
Residual value guarantees	2025	912		117
Total guarantees		$	5,822	$	219

Schedule of Product Warranty Liability [Table Text Block]

Warranty Accrual	Sep 30, 2016			Dec 31, 2015
In millions
Balance at January 1	$	93		$	107
Accruals related to existing warranties (1)	11			5
Settlements	(18		)	(19		)
Balance at end of period	$	86		$	93

(1) In the second quarter of 2016, the Company recorded a pretax charge of $10 million as part of the 2016 restructuring charge. The charge was included in "Restructuring charges" in the consolidated statements of income and reflected in Infrastructure Solutions. See Note 3 for additional information.