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Commitments (Tables)
3 Months Ended
Mar. 31, 2018
Commitments  
Changes in warranty liabilities

Standard Warranty Liability

(Dollars in millions)

 

2018

 

2017

 

Balance at January 1

 

$

152

 

$

156

 

Current period accruals

 

25

 

32

 

Accrual adjustments to reflect actual experience

 

(14

)

1

 

Charges incurred

 

(32

)

(41

)

 

 

 

 

 

 

Balance at March 31

 

$

130

 

$

147

 

 

 

 

 

 

 

 

 

 

Extended Warranty Liability

(Dollars in millions)

 

2018

 

2017

 

Aggregate deferred revenue at January 1

 

$

566

 

$

531

 

Revenue deferred for new extended warranty contracts

 

46

 

58

 

Amortization of deferred revenue

 

(69

)

(68

)

Other*

 

5

 

7

 

 

 

 

 

 

 

Aggregate deferred revenue at March 31

 

$

548

 

$

528

 

 

 

 

 

 

 

 

 

Current portion

 

$

260

 

$

250

 

Noncurrent portion

 

$

288

 

$

278

 

 

*Other primarily consists of foreign currency translation adjustments.