Annual report pursuant to Section 13 and 15(d)

INCOME TAXES (Details 2)

v3.6.0.2
INCOME TAXES (Details 2) - USD ($)
$ in Millions
 12 Months Ended
Dec. 31, 2016
Dec. 31, 2015
Dec. 31, 2014
Deferred tax assets:      
U.S. state carryforward benefits $ 159 $ 133  
Foreign carryforward benefits 154 103  
Employee benefit plans 401 377  
Warranty expenses 405 369  
Accrued expenses 107 76  
Other 64 78  
Gross deferred tax assets 1,290 1,136  
Valuation allowance (307) (209)  
Total deferred tax assets 983 927  
Deferred tax liabilities:      
Property, plant and equipment (319) (269)  
Unremitted income of foreign subsidiaries and joint ventures (59) (69)  
Employee benefit plans (213) (212)  
Other (48) (21)  
Total deferred tax liabilities (639) (571)  
Net deferred tax assets 344 356  
Net increase (decrease) in valuation allowance 98 65  
Balance Sheet Related Disclosures      
Refundable income taxes 192 176  
Other assets 420 390  
Long-term refundable income taxes 22 18  
Deferred tax liabilities 76 34  
Reconciliation of unrecognized tax benefits      
Beginning balance 135 174 $ 169
Additions to current year tax positions 10 8 8
Additions to prior years tax positions 18 24 5
Reductions to prior years tax positions 0 0 (2)
Reductions for tax positions due to settlements with taxing authorities (104) (71) (5)
Reductions for tax positions due to lapse of statute of limitations 0 0 (1)
Ending balance 59 135 174
Unrecognized tax benefits that would impact effective tax rate 31 78  
Unrecognized tax benefits, interest accrued 3 8 7
Net interest expense recognized $ 2 $ 5 $ 4