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OTHER (INCOME) CHARGES, NET (Notes)
3 Months Ended
Mar. 31, 2018
Other Income and Expenses [Abstract]  
Other Income and Other Expense Disclosure [Text Block]
OTHER (INCOME) CHARGES, NET
 
First Quarter
(Dollars in millions)
2018
 
2017
Foreign exchange transaction (gains) losses, net
$

 
$
(1
)
(Income) loss from equity investments and other investment (gains) losses, net
(5
)
 
(3
)
Costs resulting from tax law changes and outside-U.S. entity reorganizations
8

 

Proceeds from property insurance
(50
)
 

Other, net
1

 

Other (income) charges, net
$
(46
)
 
$
(4
)


First quarter 2018 includes a $50 million gain from insurance for property damage from the disruption of the Kingsport site's coal gasification operations area resulting from the previously reported October 4, 2017 incident and $8 million currency translation costs resulting from fourth quarter 2017 tax law changes and related outside-U.S. entity reorganizations as part of the transition to an international treasury services center.