Stockholders' Equity (Tables)

9 Months Ended

Sep. 30, 2012

Stockholders' Equity Note [Abstract]

Treasury Stock

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 September 30, 2012	629

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:



	Nine Months Ended				Total From February 2008 Through
	September 30,				Total From February 2008 Through
	2012		2011		September 30, 2012
Shares repurchased	853,388		591,356		12,936,196
Average purchase price per share	$	43.19	$	47.37	$	38.12
Amount spent on repurchased shares (in millions)	$	37	$	28	$	493

Schedule of Components of Other Comprehensive Income (Loss), Net

Other Comprehensive Income (Loss), Net



	Three Months Ended September 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	28		—		28		(69	)	—		(69	)
Unrealized gain (loss) on interest rate swaps	(2	)	—		(2	)	7		(2	)	5
Pension and postretirement benefits	15		(5	)	10		6		(2	)	4
Total	41		(5	)	36		(56	)	(4	)	(60	)



	Nine Months Ended September 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	4		—		4		18	—		18
Unrealized gain (loss) on interest rate swaps	(1	)	—		(1	)	22	(8	)	14
Pension and postretirement benefits	41		(16	)	25		19	(7	)	12
Total	44		(16	)	28		59	(15	)	44

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	—		4		(1	)	41		44
Income tax (provision) benefit	—		—		—		(16	)	(16	)
As of September 30, 2012	(1	)	(24	)	(58	)	(739	)	(822	)

- Definition

Tabular disclosure of components of comprehensive income (loss) including, but not limited to: (a) foreign currency translation adjustments; (b) gains (losses) on foreign currency transactions that are designated as, and are effective as, economic hedges of a net investment in a foreign entity; (c) gains (losses) on intercompany foreign currency transactions that are of a long-term-investment nature, when the entities to the transaction are consolidated, combined, or accounted for by the equity method in the reporting enterprise's financial statements; (d) change in the market value of a futures contract that qualifies as a hedge of an asset reported at fair value; (e) unrealized holding gains (losses) on available-for-sale securities and that resulting from transfers of debt securities from the held-to-maturity category to the available-for-sale category; (f) a net loss recognized as an additional pension liability not yet recognized as net periodic pension cost; and (g) the net gain (loss) and net prior service cost or credit for pension plans and other postretirement benefit plans.

+ References+ Details

- Definition

Tabular disclosure of an entity's treasury stock, including the average cost per share, carrying basis for each class of treasury stock, description of share repurchase program authorized by an entity's board of directors, the number of shares repurchased, the cost of the shares repurchased, the remaining maximum dollar value of shares available for repurchase under the program, the treatment of the purchase price in excess of the current market value, number of shares held for each class of treasury stock, and other information necessary to a fair presentation.

+ References+ Details