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Stockholders' Equity (Tables)
12 Months Ended
Dec. 31, 2012
Stockholders' Equity Note [Abstract]  
Schedule of Treasury Stock
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

October 2012
264

As of December 31, 2012
893


The authorization gives management discretion in determining the timing and conditions under which shares may be repurchased. The repurchase program does not have an expiration date.
The share repurchase activity pursuant to this authorization is as follows:
 
Year Ended December 31,
 
Total From
February 2008 Through
 
2012
 
2011
 
2010
 
December 31, 2012
Shares repurchased
1,059,719

(1) 
652,016

 
1,667,592

 
13,142,527

Average purchase price per share
$
42.44

 
$
46.99

 
$
28.77

 
$
38.14

Amount spent on repurchased shares (in millions)
$
45

 
$
31

 
$
48

 
$
501

______________________________
(1) 
Excludes 5,823 shares withheld from employee to cover statutory minimum withholding requirements for personal income taxes related to the vesting of restricted stock. Restricted stock is considered outstanding at the time of issuance and therefore, the shares withheld are treated as treasury shares.
Schedule of Components of Other Comprehensive Income (Loss), Net
Other Comprehensive Income (Loss), Net
 
Year Ended December 31,
 
2012
 
2011
 
2010
 
Gross
Amount
 
Income
Tax
(Provision)
Benefit
 
Net
Amount
 
Gross
Amount
 
Income
Tax
(Provision)
Benefit
 
Net
Amount
 
Gross
Amount
 
Income
Tax
(Provision)
Benefit
 
Net
Amount
 
As Adjusted (Note 2)
 
(In $ millions)
Unrealized gain (loss) on marketable securities

 

 

 

 

 

 

 
(1
)
 
(1
)
Foreign currency translation
13

 
(8
)
 
5

 
(29
)
 
2

 
(27
)
 
26

 
11

 
37

Unrealized gain (loss) on interest rate swaps
10

 
(3
)
 
7

 
37

 
(10
)
 
27

 
32

 
(15
)
 
17

Pension and postretirement benefits
(12
)
 
1

 
(11
)
 
(2
)
 
2

 

 
2

 

 
2

Total
11

 
(10
)
 
1

 
6

 
(6
)
 

 
60

 
(5
)
 
55

Schedule of Adjustments to Accumulated Other Comprehensive Income (Loss), Net
Adjustments to Accumulated other comprehensive income (loss), net, are as follows:
 
Unrealized
Gain (Loss) on
Marketable
Securities
 
Foreign
Currency
Translation
 
Unrealized
Gain (Loss)
on Interest
Rate Swaps
 
Pension
and
Postretirement
Benefits
 
Accumulated
Other
Comprehensive
Income
(Loss), Net
 
As Adjusted (Note 2)
 
(In $ millions)
As of December 31, 2009

 
(38
)
 
(101
)
 
(6
)
 
(145
)
Current period change

 
26

 
32

 
2

 
60

Income tax (provision) benefit
(1
)
 
11

 
(15
)
 

 
(5
)
As of December 31, 2010
(1
)
 
(1
)
 
(84
)
 
(4
)
 
(90
)
Current period change

 
(29
)
 
37

 
(2
)
 
6

Income tax (provision) benefit

 
2

 
(10
)
 
2

 
(6
)
As of December 31, 2011
(1
)
 
(28
)
 
(57
)
 
(4
)
 
(90
)
Current period change

 
13

 
10

 
(12
)
 
11

Income tax (provision) benefit

 
(8
)
 
(3
)
 
1

 
(10
)
As of December 31, 2012
(1
)
 
(23
)
 
(50
)
 
(15
)
 
(89
)