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Discontinued Operations (Tables)
12 Months Ended
Dec. 31, 2013
Discontinued Operations And Disposal Groups [Abstract]  
Discontinued Assets and Liabilities of Business Held for Sale

The following table summarizes our discontinued assets and liabilities at December 31, 2013 and 2012.

 

     At December 31,  

(Dollars in millions)

       2013              2012      

Assets:

     

Cash and equivalents

   $ 5       $ 33   

Other assets

     98         202   
  

 

 

    

 

 

 

Assets of discontinued operations

   $ 103       $ 235   
  

 

 

    

 

 

 

Liabilities:

     

Liabilities of discontinued operations

   $ 94       $ 168   
  

 

 

    

 

 

 

Summary of Discontinued Operations

The following table summarizes our discontinued operations.

 

     Years Ended December 31,  

(Dollars in millions)

     2013          2012         2011    

Operations:

       

Income (loss) from discontinued operations before income tax expense (benefit)

   $ 126       $ (3   $ 55   

Income tax expense (benefit)

     20         (1     20   
  

 

 

    

 

 

   

 

 

 

Income (loss) from discontinued operations, net of tax expense (benefit)

   $ 106       $ (2   $ 35