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Accrued Liabilities (Tables)
 9 Months Ended
Sep. 30, 2016
Payables and Accruals [Abstract]  
Accrued Liabilities

Accrued liabilities consist of (in millions):

 

     September 30,
2016		      December 31,
2015		  

Customer prepayments and billings

    $ 306       $ 426   

Vendor costs

      280         449   

Compensation

      195         241   

Warranty

      190         244   

Taxes (non-income)

      148         175   

Insurance

      94         113   

Commissions

      57         73   

Fair value of derivative financial instruments

      43         261   

Interest

      29         8   

Other

      286         294   
  

 

 

     

 

 

  

Total

    $ 1,628       $ 2,284   
  

 

 

     

 

 

  
Changes in Carrying Amount of Service and Product Warranties

The changes in the carrying amount of service and product warranties are as follows (in millions):

 

Balance at December 31, 2015

    $ 244   
  

 

 

  

Net provisions for warranties issued during the year

      39   

Amounts incurred

      (94 ) 

Currency translation adjustments and other

      1   
  

 

 

  

Balance at September 30, 2016

    $ 190