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Other Liabilities (Tables)
12 Months Ended
Dec. 31, 2018
Other Liabilities  
Other Liabilities

 

($ in millions)

 

At December 31:

 

2018

 

2017

 

Income tax reserves

 

$

4,195

 

$

4,193

 

Excess 401(k) Plus Plan

 

1,380

 

1,583

 

Disability benefits

 

507

 

504

 

Derivative liabilities

 

206

 

38

 

Workforce reductions

 

736

 

804

 

Deferred taxes*

 

3,696

 

545

 

Other taxes payable

 

40

 

948

 

Environmental accruals

 

244

 

262

 

Warranty accruals

 

76

 

56

 

Asset retirement obligations

 

111

 

115

 

Acquisition related

 

13

 

88

 

Divestiture related**

 

173

 

253

 

Other

 

796

 

577

 

 

 

 

 

 

 

Total

 

$

12,174

 

$

9,965

 

 

 

 

 

 

 

 

 

 

 

*The increase in deferred taxes is due to the company’s election on GILTI and a reclass from other taxes payable.

** Primarily related to the divestiture of the Microelectronics business.