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Stockholders' Equity (Tables)
 12 Months Ended
Dec. 31, 2014
Stockholders' Equity Note [Abstract]  
Schedule of Dividend Increases
The Company's Board of Directors approved increases in the Company's Common Stock cash dividend rates as follows:
 
Increase
 
Quarterly Common
Stock Cash Dividend
 
Annual Common
Stock Cash Dividend
 
Effective Date
 
(In percentages)
 
(In $ per share)
 
 
April 2012
25
 
0.075

 
0.30

 
August 2012
April 2013
20
 
0.090

 
0.36

 
May 2013
July 2013
100
 
0.180

 
0.72

 
August 2013
April 2014
39
 
0.250

 
1.00

 
May 2014
Schedule of 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

February 2014
172

October 2014
301

As of December 31, 2014
1,366


These authorizations give management discretion in determining the timing and conditions under which shares may be repurchased. This 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
December 31, 2014
 
 
2014
 
2013
 
2012
 
 
Shares repurchased
4,338,488

 
3,186,180

(1) 
1,059,719

(1) 
20,667,195

(2) 
Average purchase price per share
$
57.61

 
$
51.38

 
$
42.44

 
$
44.27

 
Amount spent on repurchased shares (in millions)
$
250

 
$
164

 
$
45

 
$
915

 
______________________________
(1) 
The years ended December 31, 2013 and 2012 exclude 6,021 and 5,823 shares, respectively, withheld from an executive officer to cover statutory minimum withholding requirements for personal income taxes related to the vesting of restricted stock. Restricted stock awards are considered outstanding at the time of issuance. Accordingly, the shares withheld are treated as treasury shares.
(2) 
Excludes 11,844 shares withheld from an executive officer to cover statutory minimum withholding requirements for personal income taxes related to the vesting of restricted stock. Restricted stock awards are considered outstanding at the time of issuance. Accordingly, the shares withheld are treated as treasury shares.
Schedule of Components of Other Comprehensive Income (Loss), Net
 
Year Ended December 31,
 
2014
 
2013
 
2012
 
Gross
Amount
 
Income
Tax
(Provision)
Benefit
 
Net
Amount
 
Gross
Amount
 
Income
Tax
(Provision)
Benefit
 
Net
Amount
 
Gross
Amount
 
Income
Tax
(Provision)
Benefit
 
Net
Amount
 
(In $ millions)
Unrealized gain (loss) on marketable securities
—

 
1

 
1

 
1

(1) 
—

 
1

 
—

 
—

 
—

Foreign currency translation
(188
)
 
40

 
(148
)
 
55

 
(35
)
 
20

 
13

 
(8
)
 
5

Gain (loss) on cash flow hedges
—

 
40

 
40

 
9

 
(3
)
 
6

 
10

(2) 
(3
)
 
7

Pension and postretirement benefits
(84
)
(3) 
30

 
(54
)
 
88

 
(30
)
 
58

 
(12
)
(3) 
1

 
(11
)
Total
(272
)
 
111

 
(161
)
 
153

 
(68
)
 
85

 
11

 
(10
)
 
1


______________________________
(1) 
Includes $1 million of unrealized gains related to the Company's equity method investments.
(2) 
Includes $2 million of gains related to the Company's equity method investment.
(3) 
Includes $7 million and $10 million of defined benefit obligation and other postretirement obligation activity related to the Company's equity method investments for the years ended December 31, 2014 and December 31, 2012, respectively.
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
 
Gain (Loss)
from Cash Flow Hedges
 
Pension
and
Postretirement
Benefits
 
Accumulated
Other
Comprehensive
Income
(Loss), Net
 
(In $ millions)
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
)
Other comprehensive income (loss) before reclassifications
1

 
55

 
(2
)
 
99

 
153

Amounts reclassified from accumulated other comprehensive income (loss)
—

 
—

 
11

 
(11
)
 
—

Income tax (provision) benefit
—

 
(35
)
 
(3
)
 
(30
)
 
(68
)
As of December 31, 2013
—

 
(3
)
 
(44
)
 
43

 
(4
)
Other comprehensive income (loss) before reclassifications
—

 
(188
)
 
(9
)
 
(1
)
 
(198
)
Amounts reclassified from accumulated other comprehensive income (loss)
—

 
—

 
9

 
(83
)
 
(74
)
Income tax (provision) benefit
1

 
40

 
40

 
30

 
111

As of December 31, 2014
1

 
(151
)
 
(4
)
 
(11
)
 
(165
)