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Stockholders' Equity (Tables)
6 Months Ended
Jun. 30, 2012
Stockholders' Equity Note [Abstract]  
Schedule of Share Repurchase Plan Authorization
The Company’s Board of Directors authorized the repurchase of Common Stock as follows:
 
Authorized Amount
 
(In $ millions)
February 2008
400

October 2008
100

April 2011
129

As of June 30, 2012
629

Schedule of Treasury Stock
The authorization gives management discretion in determining the timing and conditions under which shares may be repurchased. The share repurchase activity pursuant to this authorization is as follows:
 
Six Months Ended
 
Total From
February 2008 Through
 
June 30
 
 
2012
 
2011
 
June 30, 2012
Shares repurchased
636,710

 
273,753

 
12,719,518

Average purchase price per share
$
45.09

 
$
47.54

 
$
38.13

Amount spent on repurchased shares (in millions)
$
28

 
$
13

 
$
485

Schedule of Components of Other Comprehensive Income (Loss), Net
Other Comprehensive Income (Loss), Net
 
Three Months Ended June 30,
 
2012
 
2011
 
Gross
Amount
 
Income
Tax
(Provision)
Benefit
 
Net
Amount
 
Gross
Amount
 
Income
Tax
(Provision)
Benefit
 
Net
Amount
 
(In $ millions)
Unrealized gain (loss) on marketable securities

 

 

 

 

 

Foreign currency translation
(50
)
 

 
(50
)
 
29

 

 
29

Unrealized gain (loss) on interest rate swaps
(1
)
 
1

 

 
1

 
(1
)
 

Pension and postretirement benefits
14

 
(5
)
 
9

 
7

 
(2
)
 
5

Total
(37
)
 
(4
)
 
(41
)
 
37

 
(3
)
 
34

 
Six Months Ended June 30,
 
2012
 
2011
 
Gross
Amount
 
Income
Tax
(Provision)
Benefit
 
Net
Amount
 
Gross
Amount
 
Income
Tax
(Provision)
Benefit
 
Net
Amount
 
(In $ millions)
Unrealized gain (loss) on marketable securities

 

 

 

 

 

Foreign currency translation
(24
)
 

 
(24
)
 
87

 

 
87

Unrealized gain (loss) on interest rate swaps
1

 

 
1

 
15

 
(6
)
 
9

Pension and postretirement benefits
26

 
(11
)
 
15

 
13

 
(5
)
 
8

Total
3

 
(11
)
 
(8
)
 
115

 
(11
)
 
104

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)
As of December 31, 2011
(1
)
 
(28
)
 
(57
)
 
(764
)
 
(850
)
Current period change

 
(24
)
 
1

 
26

 
3

Income tax (provision) benefit

 

 

 
(11
)
 
(11
)
As of June 30, 2012
(1
)
 
(52
)
 
(56
)
 
(749
)
 
(858
)