v3.8.0.1
TRADE STRUCTURED FINANCE PROGRAM (Tables)
9 Months Ended
Sep. 30, 2017
Trade Structured Finance Program [Abstract]  
Summary of assets and liabilities related to the trade structured finance program
The table below summarizes the assets and liabilities included in the condensed consolidated balance sheets and the associated fair value amounts at September 30, 2017 and December 31, 2016, related to the program.  The fair values approximated the carrying amount of the related financial instruments.
(US$ in millions)
 
September 30,
2017
 
December 31,
2016
Current assets:
 
 

 
 

Carrying value of time deposits
 
$

 
$
64

Fair value (Level 2 measurement) of time deposits
 
$

 
$
64

 
 
 
 
 
Non-current assets:
 
 
 
 
Carrying value of time deposits
 
$
313

 
$
464

Fair value (Level 2 measurement) of time deposits
 
$
313

 
$
464

 
 
 
 
 
Current liabilities:
 
 
 
 
Carrying value of letters of credit obligations
 
$
313

 
$
528

Fair value (Level 2 measurement) of letters of credit obligations
 
$
313

 
$
528