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Investments of Insurance Subsidiaries (Tables)
12 Months Ended
Dec. 31, 2017
Investments, Debt and Equity Securities [Abstract]  
Schedule of Investments

A summary of the insurance subsidiaries’ investments at December 31 follows (dollars in millions):

 

     2017  
     Amortized
Cost
     Unrealized
Amounts
     Fair
Value
 
        Gains      Losses     

States and municipalities debt securities

   $ 361      $ 10      $ —        $ 371  

Money market funds and other

     101        —          —          101  
  

 

 

    

 

 

    

 

 

    

 

 

 
   $ 462      $ 10      $ —          472  
  

 

 

    

 

 

    

 

 

    

Amounts classified as current assets

              (54
           

 

 

 

Investment carrying value

            $ 418  
           

 

 

 

 

     2016  
     Amortized
Cost
     Unrealized
Amounts
     Fair
Value
 
        Gains      Losses     

States and municipalities debt securities

   $ 345      $ 9      $ (1    $ 353  

Money market funds and other

     29        3        —          32  
  

 

 

    

 

 

    

 

 

    

 

 

 
   $ 374      $ 12      $ (1      385  
  

 

 

    

 

 

    

 

 

    

Amounts classified as current assets

              (49
           

 

 

 

Investment carrying value

            $ 336  
           

 

 

 
Schedule of Maturities of Investments

Scheduled maturities of investments in debt securities at December 31, 2017 were as follows (dollars in millions):

 

     Amortized
Cost
     Fair
Value
 

Due in one year or less

   $ 31      $ 31  

Due after one year through five years

     84        86  

Due after five years through ten years

     187        194  

Due after ten years

     59        60  
  

 

 

    

 

 

 
   $ 361      $ 371