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Commitments (Tables)
6 Months Ended
Jun. 30, 2018
Commitments  
Changes in warranty liabilities

 

Standard Warranty Liability

 

(Dollars in millions)

 

2018

 

2017

 

Balance at January 1

 

$

152

 

$

156

 

Current period accruals

 

61

 

74

 

Accrual adjustments to reflect actual experience

 

(24

)

(5

)

Charges incurred

 

(63

)

(84

)

 

 

 

 

 

 

Balance at June 30

 

$

126

 

$

141

 

 

 

 

 

 

 

 

 

 

Extended Warranty Liability

 

(Dollars in millions)

 

2018

 

2017

 

Aggregate deferred revenue at January 1

 

$

566

 

$

531

 

Revenue deferred for new extended warranty contracts

 

111

 

125

 

Amortization of deferred revenue

 

(134

)

(137

)

Other*

 

(9

)

12

 

 

 

 

 

 

 

Aggregate deferred revenue at June 30

 

$

534

 

$

532

 

 

 

 

 

 

 

 

 

Current portion

 

$

254

 

$

231

 

Noncurrent portion

 

$

280

 

$

300

 

 

 

* Other primarily consists of foreign currency translation adjustments.