COMMITMENTS AND CONTINGENCIES (Details) - USD ($) $ in Millions |
6 Months Ended | |
|---|---|---|
Jun. 28, 2015 |
Dec. 31, 2014 |
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| Maximum | ||
| Guarantee Obligations | ||
| Forward contract, term | 2 years | |
| US Distributor Commitments | ||
| Other Commitments | ||
| Licensing agreement term | 3 years | |
| Number of days in which distributors can terminate agreements without cause | 60 days | |
| Number of days in which distributors can terminate agreements with cause | 30 days | |
| Other Guarantees and Commitments | ||
| Guarantee Obligations | ||
| Guarantor obligations, maximum potential loss | $ 5 | |
| Long-term purchase commitment, penalty exposure | 67 | |
| Total commitments under commodity contracts | 67 | |
| Engine parts supplier | ||
| Guarantee Obligations | ||
| Long-term purchase commitment, penalty exposure | 31 | |
| Performance bonds and other performance-related guarantees | ||
| Guarantee Obligations | ||
| Guarantee obligations, current carrying value | $ 69 | $ 76 |
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- Definition Carrying amount as of the balance sheet date of the liability arising from commodity contracts such as forward contracts to purchase minimum volumes of the commodities at contractually stated prices. No definition available.
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- Definition The maximum number of years over which a forward contract can be entered into. No definition available.
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- Definition The general time period of the term of licensing agreements, with independent and partially owned distributors. No definition available.
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- Definition The amount of penalty, as of the balance sheet date, that the entity would incur if it were to stop purchasing from certain suppliers, that require the entity to purchase minimum volumes. No definition available.
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- Definition Represents the number of days in which distributors can terminate agreements with cause. No definition available.
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- Definition Represents the number of days in which distributors can terminate agreements without cause. No definition available.
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- Definition The current carrying amount of the liability for the freestanding or embedded guarantor's obligations under the guarantee or each group of similar guarantees. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table. No definition available.
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- Definition Maximum potential amount of future payments (undiscounted) the guarantor could be required to make under the guarantee or each group of similar guarantees before reduction for potential recoveries under recourse or collateralization provisions. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table. No definition available.
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