FINANCIAL INSTRUMENTS (Tables)

12 Months Ended

Dec. 31, 2017

Derivative Instruments and Hedging Activities Disclosure [Abstract]

Schedule of Derivative Instruments

The Company maintains various fixed-to-variable interest rate swaps to convert a portion of the Company's long-term debt into variable interest rate debt. A summary of the notional amounts of these interest rate swaps as of December 31, 2017 and 2016 was as follows:

	Notional Amount
Debt Instrument	2017		2016
4.25% Senior Notes due April 2024	250		250
3.50% Senior Notes due March 2025	600		600
3.45% Senior Notes due June 2026	350		350
	$	1,200	$	1,200

Schedule of Debt Instrument Fair Value Basis Adjustment Attributable to Hedged Debt

As of December 31, 2017, the following amounts were recorded on the consolidated balance sheet related to cumulative basis adjustments for fair value hedges:

Balance Sheet Classification	Carrying Amount of Hedged Long-Term Debt		Cumulative Amount of Fair Value Hedging Adjustment Included in the Carrying Amount of the Hedged Long-Term Debt
	December 31, 2017		December 31, 2017
Long-term debt	$	1,132	$	(33	)	(a)

(a) The balance includes $56 million of remaining unamortized hedging adjustment on a discontinued relationship

Schedule of Fair Value Hedging Instruments and Hedged Item, Statement of Financial Performance, Location

The following table presents the effect of fair value hedge accounting on the consolidated statement of operations for the year ended December 31, 2017:

	Other income (expense), net
Total for line item in which the effects of fair value hedges are recorded	$	16
Gain (loss) on fair value hedging relationships:
Hedged items (Long-term debt)	$	1
Derivatives designated as hedging instruments	$	(1	)

Schedule of The Fair Values of Derivative Instruments

A summary of the fair values of derivative instruments in the consolidated balance sheets was as follows:

	December 31, 2017			December 31, 2016
	Balance Sheet Classification	Fair Value		Balance Sheet Classification	Fair Value
Derivatives Designated as Hedging Instruments
Interest rate swaps	Other liabilities	$	89	Other liabilities	$	88