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OTHER COMMITMENTS AND CONTINGENCIES (Tables) | 12 Months Ended
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Dec. 31, 2014
OTHER COMMITMENTS AND CONTINGENCIES |
Schedule of changes in the Company's warranty liability | Changes in our warranty liability were as follows, in millions:
|  | 2014 |  | 2013 |
Balance at January 1 |  | $ | 124 |  | $ | 118 |
Accruals for warranties issued during the year |  |  | 51 |  |  | 42 |
Accruals related to pre-existing warranties |  |  | 11 |  |  | 6 |
Settlements made (in cash or kind) during the year |  |  | (46 | ) |  | (42 | )
Other, net (including currency translation) |  |  | (5 | ) |  | — |
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Balance at December 31 |  | $ | 135 |  | $ | 124 |
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- Definition Tabular disclosure of the changes in the guarantor's aggregate product warranty liability, including the beginning balance of the aggregate product warranty liability, the aggregate reductions in that liability for payments made (in cash or in kind) under the warranty, the aggregate changes in the liability for accruals related to product warranties issued during the reporting period, the aggregate changes in the liability for accruals related to preexisting warranties (including adjustments related to changes in estimates), and the ending balance of the aggregate product warranty liability. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 460 -SubTopic 10 -Section 50 -Paragraph 8 -URI http://asc.fasb.org/extlink&oid=6398077&loc=d3e12565-110249 + Details
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