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Commitments (Tables)
9 Months Ended
Sep. 30, 2018
Commitments  
Changes in warranty liabilities

 

Standard Warranty Liability

 

(Dollars in millions)

 

2018

 

2017

 

Balance at January 1

 

$

152

 

$

156

 

Current period accruals

 

84

 

107

 

Accrual adjustments to reflect actual experience

 

(31

)

(3

)

Charges incurred

 

(93

)

(126

)

 

 

 

 

 

 

Balance at September 30

 

$

112

 

$

134

 

 

 

 

 

 

 

 

 

 

Extended Warranty Liability

 

(Dollars in millions)

 

2018

 

2017

 

Aggregate deferred revenue at January 1

 

$

566

 

$

531

 

Revenue deferred for new extended warranty contracts

 

138

 

175

 

Amortization of deferred revenue

 

(178

)

(198

)

Other*

 

(12

)

24

 

 

 

 

 

 

 

Aggregate deferred revenue at September 30

 

$

514

 

$

533

 

 

 

 

 

 

 

 

 

Current portion

 

$

242

 

$

258

 

Noncurrent portion

 

$

273

 

$

275

 

 

* Other primarily consists of foreign currency translation adjustments.