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Fair Value Measurements (Tables)
9 Months Ended
Sep. 30, 2013
Fair Value Disclosures [Abstract]  
Schedule of Assets and Liabilities Measured at Fair Value on a Recurring Basis
Assets and liabilities measured at fair value on a recurring basis are as follows:
 
 
 
Fair Value Measurement
 
Balance Sheet Classification
 
Quoted Prices
in Active
Markets for
Identical
Assets
(Level 1)
 
Significant
Other
Observable
Inputs
(Level 2)
 
Total
 
 
 
(In $ millions)
Mutual funds
Marketable securities, at fair value
 
44

 

 
44

Derivatives Not Designated as Hedges
 
 
 
 
 
 
 
Foreign currency forwards and swaps
Current Other assets
 

 
2

 
2

Total assets as of September 30, 2013
 
44

 
2

 
46

Derivatives Designated as Cash Flow Hedges
 
 
 

 
 

 
 

Interest rate swaps
Current Other liabilities
 

 
(7
)
 
(7
)
Interest rate swaps
Noncurrent Other liabilities
 

 
(3
)
 
(3
)
Derivatives Not Designated as Hedges
 
 
 
 
 
 
 
Interest rate swaps
Current Other liabilities
 

 
(3
)
 
(3
)
Foreign currency forwards and swaps
Current Other liabilities
 

 
(5
)
 
(5
)
Total liabilities as of September 30, 2013
 

 
(18
)
 
(18
)
 
 
 
 
 
 
 
 
Mutual funds
Marketable securities, at fair value
 
53

 

 
53

Derivatives Not Designated as Hedges
 
 
 
 
 
 
 
Foreign currency forwards and swaps
Current Other assets
 

 
2

 
2

Total assets as of December 31, 2012
 
53

 
2

 
55

Derivatives Designated as Cash Flow Hedges
 
 
 

 
 

 
 

Interest rate swaps
Current Other liabilities
 

 
(10
)
 
(10
)
Interest rate swaps
Noncurrent Other liabilities
 

 
(7
)
 
(7
)
Derivatives Not Designated as Hedges
 
 
 
 
 
 
 
Interest rate swaps
Current Other liabilities
 

 
(5
)
 
(5
)
Interest rate swaps
Noncurrent Other liabilities
 

 
(1
)
 
(1
)
Foreign currency forwards and swaps
Current Other liabilities
 

 
(8
)
 
(8
)
Total liabilities as of December 31, 2012
 

 
(31
)
 
(31
)
Schedule of Carrying Values and Fair Values of Financial Instruments
Carrying values and fair values of financial instruments that are not carried at fair value are as follows:
 
 
 
Fair Value Measurement
 
Carrying
Amount
 
Significant Other
Observable
Inputs
(Level 2)
 
Unobservable
Inputs
(Level 3)
 
Total
 
 
 
(In $ millions)
As of September 30, 2013
 
 
 
 
 
 
 
Cost investments
147

 

 

 

Insurance contracts in nonqualified trusts
62

 
62

 

 
62

Long-term debt, including current installments of long-term debt
2,893

 
2,706

 
248

 
2,954

As of December 31, 2012
 
 
 
 
 
 
 
Cost investments
156

 

 

 

Insurance contracts in nonqualified trusts
66

 
66

 

 
66

Long-term debt, including current installments of long-term debt
2,990

 
2,886

 
244

 
3,130