Annual report pursuant to Section 13 and 15(d)

COMMITMENTS AND CONTINGENCIES (Details)

v3.3.1.900
COMMITMENTS AND CONTINGENCIES (Details) - USD ($)
$ in Millions
 12 Months Ended
Dec. 31, 2015
Dec. 31, 2014
Dec. 31, 2013
Guarantee Obligations:      
Loss Contingency, Loss in Period $ 60 $ 0 $ 0
Other Guarantees and Commitments      
Guarantee Obligations:      
Guarantee obligations, maximum potential loss 11    
Long-term purchase commitment, penalty exposure 155    
Commodity Contract Liability Noncurrent 60    
Components Supplier      
Guarantee Obligations:      
Long-term purchase commitment, penalty exposure 77    
Performance bonds and other performance-related guarantees      
Guarantee Obligations:      
Guarantee obligations, current carrying value 72 $ 76  
Engine      
Guarantee Obligations:      
Loss Contingency, Loss in Period [1] 60    
Loss Contingency Accrual, Product Liability, Net of Tax $ 38    
[1] Engine segment EBIT for the year ended December 31, 2015 included an accrual for a loss contingency of $60 million. See Note 14, "COMMITMENTS AND CONTINGENCIES," for additional information.