Annual report pursuant to Section 13 and 15(d)

SHAREHOLDERS' EQUITY (Details 2)

v3.6.0.2
SHAREHOLDERS' EQUITY (Details 2) - USD ($)
$ / shares in Units, shares in Millions, $ in Millions
1 Months Ended 3 Months Ended 6 Months Ended 12 Months Ended
Dec. 31, 2016
Nov. 30, 2015
Dec. 31, 2016
Oct. 02, 2016
Jul. 03, 2016
Apr. 03, 2016
Jul. 03, 2016
Dec. 31, 2016
Dec. 31, 2015
Dec. 31, 2014
Feb. 09, 2016
Share repurchase programs                      
Shares acquired             4.7        
Average Cost Per Share (in dollars per share)               $ 106.48      
Repurchases of common stock               $ 778      
Treasury Stock, Value, Acquired, Cost Method               $ 778 $ 900 $ 670  
Accelerated Share Repurchases, Settlement (Payment) or Receipt                     $ 500
Fair value of option grant estimated on the grant date using Black-Scholes option pricing model assumptions              
The fair value of each option grant was estimated on the grant date using the Black-Scholes option pricing model with the following assumptions:
 
 
2016
 
2015
 
2014
Expected life (years)
 
5

 
5

 
5

Risk-free interest rate
 
1.34
%
 
1.41
%
 
1.80
%
Expected volatility
 
30.96
%
 
33.06
%
 
41.17
%
Dividend yield
 
2.10
%
 
1.69
%
 
1.61
%
     
Accelerated Share Repurchases, Final Price Paid Per Share             $ 105.50        
Repurchases of common stock               $ 778 $ 900 $ 670  
1 billion repurchase program 2014                      
Share repurchase programs                      
Average Cost Per Share (in dollars per share)           $ 100.12          
Repurchases of common stock           $ 274          
Remaining Authorized Capacity [1]           $ 0          
1 billion repurchase program 2015                      
Share repurchase programs                      
Average Cost Per Share (in dollars per share)     $ 130.70 $ 126.13 $ 109.79 $ 105.50   $ 110.29      
Repurchases of common stock     $ 33 $ 50 $ 192 $ 229   $ 504      
Remaining Authorized Capacity [1] $ 496   $ 496 $ 529 $ 579 $ 671 $ 579 $ 496      
Treasury Stock, Common                      
Share repurchase programs                      
Shares acquired               7.3 7.2 4.8  
Treasury Stock, Common | 1 billion repurchase program 2014                      
Share repurchase programs                      
Shares acquired           2.7          
Treasury Stock, Common | 1 billion repurchase program 2015                      
Share repurchase programs                      
Treasury Stock Repurchase Authorization Value   $ 1,000                  
Shares acquired     0.2 0.4 1.8 2.2   4.6      
Treasury Stock, Common | 1 billion repurchase program 2016                      
Share repurchase programs                      
Treasury Stock Repurchase Authorization Value $ 1,000                    
Additional paid-in Capital                      
Share repurchase programs                      
Treasury Stock, Value, Acquired, Cost Method         $ (100) $ 100          
[1] The remaining authorized capacity under the 2015 Plan was calculated based on the cost to purchase the shares but excludes commission expenses in accordance with the authorized Plan.