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BORROWINGS (Tables)
 6 Months Ended
Jun. 30, 2020
Debt Disclosure [Abstract]  
Long-term Borrowings
 June 30,December 31,
(Dollars in millions)20202019
Borrowings consisted of:
4.5% notes due January 2021$185  $185  
3.5% notes due December 2021298  298  
3.6% notes due August 2022742  741  
1.50% notes due May 2023 (1)
839  840  
7 1/4% debentures due January 2024198  198  
7 5/8% debentures due June 202443  43  
3.8% notes due March 2025701  695  
1.875% notes due November 2026 (1)
555  556  
7.60% debentures due February 2027195  195  
4.5% notes due December 2028493  493  
4.8% notes due September 2042493  493  
4.65% notes due October 2044874  874  
Commercial paper and short-term borrowings517  171  
Total borrowings6,133  5,782  
Borrowings due within one year702  171  
Long-term borrowings$5,431  $5,611  
(1)The carrying value of the euro-denominated 1.50% notes due May 2023 and 1.875% notes due November 2026 will fluctuate with changes in the euro exchange rate. The carrying value of these euro-denominated borrowings have been designated as non-derivative net investment hedges of a portion of the Company's net investments in euro functional-currency denominated subsidiaries to offset foreign currency fluctuations.