Annual report pursuant to Section 13 and 15(d)

INCOME TAXES (Details 2)

v3.3.1.900
INCOME TAXES (Details 2) - USD ($)
$ in Millions
 3 Months Ended 12 Months Ended
Mar. 30, 2014
Dec. 31, 2015
Dec. 31, 2014
Dec. 31, 2013
Jan. 01, 2016
Components of Deferred Tax Assets and Liabilities          
Effective Income Tax Rate Reconciliation, Equity in Earnings (Losses) of Unconsolidated Subsidiary, Amount for Repatriation of Equity Earnings   $ 20 $ 14 $ 13  
Deferred tax assets:          
U.S. federal and state carryforward benefits   133 124    
Foreign carryforward benefits   103 66    
Employee benefit plans   377 367    
Warranty and marketing expenses   369 354    
Accrued expenses   76 89    
Other   78 45    
Gross deferred tax assets   1,136 1,045    
Valuation allowance   (209) (144)    
Total deferred tax assets   927 901    
Deferred tax liabilities:          
Property, plant and equipment   (269) (329)    
Unremitted income of foreign subsidiaries and joint ventures   (69) (204)    
Employee benefit plans   (212) (161)    
Other   (21) (23)    
Total deferred tax liabilities   (571) (717)    
Net deferred tax assets   356 184    
Net increase (decrease) in valuation allowance   65 43    
Deferred tax assets included in prepaid and other current assets   0 [1] 274    
Income Taxes Receivable, Current   176 170    
Deferred tax assets included in other assets   390 40    
Income taxes refundable long-term included in other assets   18 24    
Deferred tax liabilities included in other liabilities and deferred revenue   34 130    
Reconciliation of unrecognized tax benefits          
Beginning balance $ 169 174 169 145  
Additions based on tax positions related to the current year   8 8 10  
Additions based on tax positions related to the prior years   24 5 21  
Reductions for tax positions related to prior years     (2) (6)  
Reductions for tax positions relating to settlements with taxing authorities   (71) (5)    
Reductions for tax positions relating to lapse of statute of limitations $ (1)   (1)    
Ending balance   135 174 169  
Unrecognized tax benefits that would impact effective tax rate   78 114    
Unrecognized tax benefits, interest accrued   8 7 3  
Net interest expense recognized   $ 5 $ 4 $ 1  
Scenario, Forecast | Minimum          
Significant Change in Unrecognized Tax Benefits is Reasonably Possible [Line Items]          
Decrease in Unrecognized Tax Benefits is Reasonably Possible         $ 40
Scenario, Forecast | Maximum          
Significant Change in Unrecognized Tax Benefits is Reasonably Possible [Line Items]          
Decrease in Unrecognized Tax Benefits is Reasonably Possible         $ 90
[1] Prepaid and other current assets include deferred tax assets of zero for the year ended December 31, 2015, as the result of the prospective early adoption of the new standard on balance sheet classification of deferred tax assets.