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Commitments (Tables)
6 Months Ended
Jun. 30, 2011
Commitments  
Changes in warranty liabilities

 

 

Standard Warranty Liability

 

(Dollars in millions)

 

2011

 

2010

 

Balance at January 1

 

$

375

 

$

316

 

Current period accruals

 

203

 

189

 

Accrual adjustments to reflect actual experience

 

18

 

20

 

Charges incurred

 

(215

)

(217

)

Balance at June 30

 

$

381

 

$

308

 

 

Extended Warranty Liability

 

(Dollars in millions)

 

2011

 

2010

 

Aggregate deferred revenue at January 1

 

$

670

 

$

665

 

Revenue deferred for new extended warranty contracts

 

141

 

145

 

Amortization of deferred revenue

 

(164

)

(149

)

Other*

 

2

 

(52

)

Aggregate deferred revenue at June 30

 

$

649

 

$

608

 

 

 

 

 

 

 

Current portion

 

$

309

 

$

283

 

Noncurrent portion

 

340

 

325

 

Aggregate deferred revenue at June 30

 

$

649

 

$

608

 

 

 

* Other primarily consists of foreign currency translation adjustments.