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Shareholders' Equity (Tables)
9 Months Ended
Sep. 30, 2011
Stockholders' Equity Note [Abstract] 
Schedule of Share Repurchase Plan Authorization
The Company’s Board of Directors authorized the repurchase of the Company’s Common Stock as follows:
Date of Board Authorization
 
Authorization Amount
 
 
(In $ millions)
February 2008
 
400

October 2008
 
100

April 2011
 
129

As of September 30, 2011
 
629

Schedule of Treasury Stock
The share repurchase activity pursuant to this authorization is as follows:
 
Nine Months Ended
September 30,
 
Total From
February 2008 Through
 
2011
 
2010
 
September 30, 2011
Shares repurchased
591,356

 
1,473,492

 
12,022,148

Average purchase price per share
$
47.37

 
$
27.82

 
$
37.74

Amount spent on repurchased shares (in millions)
$
28

 
$
41

 
$
454

Schedule of Components of Other Comprehensive Income (Loss), Net
Other Comprehensive Income (Loss), Net
 
Three Months Ended September 30,
 
2011
 
2010
 
Gross
Amount
 
Income
Tax
(Provision)
Benefit
 
Net
Amount
 
Gross
Amount
 
Income
Tax
(Provision)
Benefit
 
Net
Amount
 
(In $ millions)
Unrealized gain (loss) on marketable securities

 

 

 
8

 
(3
)
 
5

Foreign currency translation
(69
)
 

 
(69
)
 
98

 

 
98

Unrealized gain (loss) on interest rate swaps
7

 
(2
)
 
5

 
(2
)
 

 
(2
)
Pension and postretirement benefits
6

 
(2
)
 
4

 
3

 
(1
)
 
2

Total
(56
)
 
(4
)
 
(60
)
 
107

 
(4
)
 
103

 
Nine Months Ended September 30,
 
2011
 
2010
 
Gross
Amount
 
Income
Tax
(Provision)
Benefit
 
Net
Amount
 
Gross
Amount
 
Income
Tax
(Provision)
Benefit
 
Net
Amount
 
(In $ millions)
Unrealized gain (loss) on marketable securities

 

 

 
9

 
(3
)
 
6

Foreign currency translation
18

 

 
18

 
39

 

 
39

Unrealized gain (loss) on interest rate swaps
22

 
(8
)
 
14

 
5

 
(4
)
 
1

Pension and postretirement benefits
19

 
(7
)
 
12

 
10

 
(2
)
 
8

Total
59

 
(15
)
 
44

 
63

 
(9
)
 
54

Schedule of Adjustments to Accumulated Other Comprehensive Income (Loss), Net
Adjustments to Accumulated other comprehensive income (loss) are as follows:
 
Unrealized
Gain (Loss) on
Marketable
Securities
 
Foreign
Currency
Translation
 
Unrealized
Gain (Loss)
on Interest
Rate Swaps
 
Pension and
Postretire-
ment
Benefits
 
Accumulated
Other
Comprehensive
Income
(Loss), Net
 
(In $ millions)
Balance as of December 31, 2010
(1
)
 
(1
)
 
(84
)
 
(584
)
 
(670
)
Current period change

 
18

 
22

 
19

 
59

Income tax (provision) benefit

 

 
(8
)
 
(7
)
 
(15
)
Balance as of September 30, 2011
(1
)
 
17

 
(70
)
 
(572
)
 
(626
)