Significant Accounting Policies (Tables)

12 Months Ended

Dec. 31, 2014

Significant Accounting Policies

Changes in warranty liabilities

Standard Warranty Liability
($ in millions)
		2014		2013
Balance at January 1	$	376	$	394
Current period accruals		240		346
Accrual adjustments to reflect experience*		(120)		22
Changes incurred		(298)		(387)
Balance at December 31	$	197	$	376
* Includes an adjustment of ($125 million) in 2014 related to the industry standard server divestiture

Extended Warranty Liability (Deferred Income)
($ in millions)
		2014		2013
Balance at January 1	$	579	$	606
Revenue deferred for new extended warranty contracts		298		305
Amortization of deferred revenue*		(316)		(324)
Other**		(24)		(8)
Balance at December 31	$	536	$	579
Current portion	$	254	$	284
Noncurrent portion		282		295
Balance at December 31	$	536	$	579
* Includes an adjustment of ($21 million) in 2014 related to the industry standard server divestiture.
** Other consists primarily of foreign currency translation adjustments.