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Significant Accounting Policies (Tables)
12 Months Ended
Dec. 31, 2012
Significant Accounting Policies  
Changes in warranty liabilities

 

 

Standard Warranty Liability

 

($ in millions)

 

 

 

2012

 

2011

 

Balance at January 1

 

$

 407

 

$

 375

 

Current period accruals

 

394

 

435

 

Accrual adjustments to reflect actual experience

 

(15

)

18

 

Charges incurred

 

(392

)

(420

)

Balance at December 31

 

$

 394

 

$

 407

 

 

Extended Warranty Liability (Deferred Income)

 

($ in millions)

 

 

 

2012

 

2011

 

Balance at January 1

 

$

636

 

$

670

 

Revenue deferred for new extended warranty contracts

 

268

 

314

 

Amortization of deferred revenue

 

(301

)

(330

)

Other*

 

4

 

(19

)

Balance at December 31

 

$

606

 

$

636

 

Current portion

 

$

289

 

$

301

 

Noncurrent portion

 

317

 

335

 

Balance at December 31

 

$

606

 

$

636

 

 

 

* Other consists primarily of foreign currency translation adjustments.