Financial Instruments (excluding derivatives) (Tables)

6 Months Ended

Jun. 30, 2011

Financial Instruments (excluding derivatives)

Debt and marketable equity securities available-for-sale and recorded at fair value

			Gross		Gross
(Dollars in millions)	Adjusted		Unrealized		Unrealized			Fair
At June 30, 2011	Cost		Gains		Losses			Value
Cash and cash equivalents(1)
Time deposits and certificates of deposit	$	4,975	$	0	$	(0	)	$	4,975
Commercial paper	1,322		0		—			1,322
Money market funds	2,624		—		—			2,624
Other securities	72		—		—			72
Total	$	8,994	$	0	$	(0	)	$	8,994
Debt securities – current(2)
Commercial paper	$	50	$	0	$	—		$	50
Total	$	50	$	0	$	—		$	50
Debt securities – noncurrent(3)
Other securities	$	6	$	2	$	—		$	8
Total	$	6	$	2	$	—		$	8
Available-for-sale equity investments(3)	$	28	$	31	$	(0	)	$	59

(1)Included within cash and cash equivalents in the Consolidated Statement of Financial Position.

(2)Reported as marketable securities within the Consolidated Statement of Financial Position.

(3)Included within investments and sundry assets in the Consolidated Statement of Financial Position.

			Gross		Gross
(Dollars in millions)	Adjusted		Unrealized		Unrealized			Fair
At December 31, 2010	Cost		Gains		Losses			Value
Cash and cash equivalents(1)
Time deposits and certificates of deposit	$	2,473	$	—	$	(0	)	$	2,473
Commercial paper	2,673		—		(0		)	2,673
Money market funds	1,532		—		—			1,532
Foreign government securities	1,054		—		—			1,054
U.S. government securities	44		0		(0		)	44
U.S. government agency securities	22		0		(0		)	22
Other securities	3		—		—			3
Total	$	7,801	$	0	$	(0	)	$	7,801
Debt securities – current(2)
Commercial paper	$	490	$	—	$	(0	)	$	490
U.S. government securities	500		—		(0		)	500
Other securities	1		—		(0		)	1
Total	$	990	$	—	$	(0	)	$	990
Debt securities – noncurrent(3)
Other securities	$	6	$	1	$	(0	)	$	7
Total	$	6	$	1	$	(0	)	$	7
Available-for-sale equity investments(3)	$	194	$	264	$	(0	)	$	458

(1)Included within cash and cash equivalents in the Consolidated Statement of Financial Position.

(2)Reported as marketable securities within the Consolidated Statement of Financial Position.

(3)Included within investments and sundry assets in the Consolidated Statement of Financial Position.

Unrealized holding gains/(losses) on available-for-sale debt and marketable equity securities

(Dollars in millions)
For the three months ended June 30:	2011			2010
Net unrealized gains/(losses) arising during the period	$	(4	)	$	(46	)
Net unrealized (gains)/losses reclassified to net income*	(18		)	(1		)

* Includes writedowns of $0.1 million for the three months ended June 30, 2010. There were no writedowns for the first three months of 2011.

(Dollars in millions)
For the six months ended June 30:	2011			2010
Net unrealized gains/(losses) arising during the period	$	(3	)	$	(6	)
Net unrealized (gains)/losses reclassified to net income*	(142		)	0

* Includes writedowns of $3.2 million for the six months ended June 30, 2010. There were no writedowns for the first six months of 2011.