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Revenue from Contracts With Customers (Tables)
3 Months Ended
Mar. 31, 2019
Revenue from Contract with Customer  
Schedule of the disaggregation of revenue by timing of transfer of control

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Three Months Ended March 31, 2019

 

Three Months Ended March 31, 2018

($ in millions)

    

Point in Time

 

Over Time

 

Total

 

Point in Time

 

Over Time

 

Total

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Total net sales

 

$

557

 

$

2,228

 

$

2,785

 

$

662

 

$

2,123

 

$

2,785

 

Schedule of balances of contract liabilities

 

 

 

 

 

 

 

 

 

Contracts

 

Contract

 

 

Liabilities

 

Liabilities

($ in millions)

    

(Current)

 

(Noncurrent)

 

 

 

 

 

 

 

Balance at December 31, 2017

 

$

45

 

$

 —

Increase

 

 

 —

 

 

 8

Balance at December 31, 2018

 

$

45

 

$

 8

Increase

 

 

12

 

 

 2

Balance at March 31, 2019

 

$

57

 

$

10

 

 

 

 

 

 

 

 

Schedule of transaction price allocated to remaining performance obligations

 

 

 

 

 

 

 

 

 

 

($ in millions)

    

Next Twelve Months

 

Thereafter

 

Total

 

 

 

 

 

 

 

 

 

 

Sales expected to be recognized on multi-year contracts in place as of March 31, 2019

 

$

1,230

 

$

842

 

$

2,072