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Quarterly report pursuant to Section 13 or 15(d)

FAIR VALUE (Tables)

v3.19.2
FAIR VALUE (Tables)
 6 Months Ended
Jun. 30, 2019
Schedule of fair values of financial instruments

The fair values of financial instruments were as follows (dollars in millions):

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Forward swap contract related to the sale of investment in Venator

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(2,403)
Schedule of assets and liabilities are measured at fair value on a recurring basis

The following assets and liabilities are measured at fair value on a recurring basis (dollars in millions):

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Forward swap contract related to the sale of investment in Venator(1)

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(1) In connection with the December 3, 2018 sale of Venator ordinary shares to Bank of America N.A., we recorded a forward swap. In February 2019, we settled this forward swap and received $16 million from the counterparty.