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Significant Accounting Policies (Tables)
12 Months Ended
Dec. 31, 2011
Significant Accounting Policies  
Changes in warranty liabilities

 

Standard Warranty Liability

 

($ in millions)

 

 

 

2011

 

2010

 

Balance at January 1

 

$

375

 

$

316

 

Current period accruals

 

435

 

407

 

Accrual adjustments to reflect actual experience

 

18

 

69

 

Charges incurred

 

(420

)

(418

)

Balance at December 31

 

$

407

 

$

375

 

 

Extended Warranty Liability (Deferred Income)

 

($ in millions)

 

 

 

2011

 

2010

 

Balance at January 1

 

$

670

 

$

665

 

Revenue deferred for new extended warranty contracts

 

314

 

329

 

Amortization of deferred revenue

 

(330

)

(301

)

Other*

 

(19

)

(22

)

Balance at December 31

 

$

636

 

$

670

 

Current portion

 

$

301

 

$

315

 

Noncurrent portion

 

335

 

355

 

Balance at December 31

 

$

636

 

$

670

 

 

* Other consists primarily of foreign currency translation adjustments.