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Commitments (Tables)
6 Months Ended
Jun. 30, 2019
Commitments  
Changes in warranty liabilities

Standard Warranty Liability

(Dollars in millions)

    

2019

    

2018

Balance at January 1

$

118

$

152

Accruals recorded in first quarter

 

19

*

 

25

Accrual adjustments to reflect actual experience

 

(1)

*

 

(14)

Charges incurred in first quarter

 

(29)

*

 

(32)

Balance at March 31

107

130

Current period accruals

26

37

Accrual adjustments to reflect actual experience

0

(9)

Charges incurred in current period

(30)

(31)

Balance at June 30

$

103

$

126

* Revised grossed-up amounts to conform to current presentation.

Extended Warranty Liability

(Dollars in millions)

    

2019

    

2018

Aggregate deferred revenue at January 1

$

533

$

566

Revenue deferred for new extended warranty contracts

 

81

 

111

Amortization of deferred revenue

 

(128)

 

(134)

Other*

 

0

 

(9)

Aggregate deferred revenue at June 30

$

486

$

534

Current portion

$

225

$

254

Noncurrent portion

$

260

$

280

* Other primarily consists of foreign currency translation adjustments.