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COMMITMENTS (Tables)

12 Months Ended

Dec. 31, 2015

Commitments and Contingencies Disclosure [Abstract]

Schedule of Summarized Payment Obligations

The obligations described above, debt repayment obligations, and credit facilities and commercial paper borrowings, are summarized in the following table:

(Dollars in millions)		Payments Due For
Period		Debt Securities				Credit Facilities and Other				Interest Payable				Purchase Obligations				Operating Leases				Total
2016		$	—			$	431			$	265			$	145			$	63			$	904
2017		999				1				283				164				50				1,497
2018		167				326				238				161				38				930
2019		250				226				218				148				28				870
2020		799				—				190				134				22				1,145
2021 and beyond		3,840				—				1,926				673				72				6,511
Total		$	6,055			$	984			$	3,120			$	1,425			$	273			$	11,857

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- Definition

Tabular disclosure of each payment obligation for notes, debentures, credit facilities, interest, purchase obligations and operating leases. May include the maximum potential amount of future payments (undiscounted) required to make, the current carrying amount of the liability, if any. Excludes disclosures about product warranties.

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