Significant Accounting Policies (Tables)

12 Months Ended

Dec. 31, 2015

Significant Accounting Policies

Changes in warranty liabilities

Standard Warranty Liability
($ in millions)
		2015		2014
Balance at January 1	$	197	$	376
Current period accruals		173		240
Accrual adjustments to reflect experience*		7		(120)
Changes incurred		(196)		(298)
Balance at December 31	$	181	$	197
* Includes an adjustment of $(125 million) in 2014 related to the System x business divestiture.

Extended Warranty Liability (Deferred Income)
($ in millions)
		2015		2014
Balance at January 1	$	536	$	579
Revenue deferred for new extended warranty contracts		286		298
Amortization of deferred revenue*		(253)		(316)
Other**		(31)		(24)
Balance at December 31	$	538	$	536
Current portion	$	238	$	254
Noncurrent portion		300		282
* Includes an adjustment of $(21 million) in 2014 related to the System x business divestiture.
** Other consists primarily of foreign currency translation adjustments.