Debt (Tables)

6 Months Ended

Jun. 30, 2014

Debt Disclosure [Abstract]

Schedule of Short-term Debt

	As of June 30, 2014	As of December 31, 2013
	(In $ millions)
Short-Term Borrowings and Current Installments of Long-Term Debt - Third Party and Affiliates
Current installments of long-term debt	23	24
Short-term borrowings, including amounts due to affiliates	100	103
Accounts receivable securitization facility	35	50
Total	158	177

Schedule of Long-term Debt

	As of June 30, 2014		As of December 31, 2013
	(In $ millions)
Long-Term Debt
Senior credit facilities - Term C-2 loan due 2016	971		978
Senior unsecured notes due 2018, interest rate of 6.625%	600		600
Senior unsecured notes due 2021, interest rate of 5.875%	400		400
Senior unsecured notes due 2022, interest rate of 4.625%	500		500
Pollution control and industrial revenue bonds due at various dates through 2030, interest rates ranging from 5.7% to 6.7%	169		169
Obligations under capital leases due at various dates through 2054	263		264
Subtotal	2,903		2,911
Current installments of long-term debt	(23	)	(24	)
Total	2,880		2,887

Schedule of First Lien Senior Secured Leverage Ratios

The Company’s amended first lien senior secured leverage ratios under the revolving credit facility are as follows:

As of June 30, 2014
Maximum	Estimate	Estimate, If Fully Drawn
3.90	0.75	1.18

Schedule of Balances Available for Borrowing

The Company's balances available for borrowing are as follows:

	As of June 30, 2014
	(In $ millions)
Revolving Credit Facility
Borrowings outstanding	—
Letters of credit issued	—
Available for borrowing	600
Accounts Receivable Securitization Facility
Borrowings outstanding	35
Letters of credit issued	79
Available for borrowing	21