Annual report pursuant to Section 13 and 15(d)

INCOME TAXES (Details 2)

v3.8.0.1
INCOME TAXES (Details 2) - USD ($)
$ in Millions
 12 Months Ended
Dec. 31, 2017
Dec. 31, 2016
Dec. 31, 2015
Deferred tax assets:      
U.S. state carryforward benefits $ 200 $ 159  
Foreign carryforward benefits 159 154  
Employee benefit plans 274 401  
Warranty expenses 300 405  
Accrued expenses 95 107  
Other 70 64  
Gross deferred tax assets 1,098 1,290  
Valuation allowance (347) (307)  
Total deferred tax assets 751 983  
Deferred tax liabilities:      
Property, plant and equipment (250) (319)  
Unremitted income of foreign subsidiaries and joint ventures (331) (59)  
Employee benefit plans (224) (213)  
Other (31) (48)  
Deferred Tax Liabilities, Gross 836 639  
Net deferred tax liabilities (85)    
Net deferred tax assets   344  
Net increase (decrease) in valuation allowance 40    
Balance Sheet Related Disclosures      
Refundable income taxes 152 192  
Other assets 306 420  
Long-term refundable income taxes 6 22  
Taxes Payable, Current 77 48  
Taxes Payable 281 [1] 0  
Deferred tax liabilities 391 76  
Reconciliation of unrecognized tax benefits      
Beginning balance 59 135 $ 174
Additions to current year tax positions 11 10 8
Additions to prior years' tax positions 9 18 24
Reductions to prior years' tax positions (3) 0 0
Reductions for tax positions due to settlements with taxing authorities (35) (104) (71)
Ending balance 41 59 135
Unrecognized tax benefits that would impact effective tax rate 32 31 78
Unrecognized tax benefits, interest accrued 4 3 8
Net interest expense recognized $ 3 $ 2 $ 5
[1] Long-term income taxes payable are the result of Tax Legislation and relate to the non-current portion of
the one-time transition tax on accumulated foreign earnings. See Note 2, "INCOME TAXES," to our
Consolidated Financial Statements for additional information.