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Stockholders' Equity (Tables)
9 Months Ended
Sep. 30, 2015
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 2014
39
 
0.25
 
1.00
 
May 2014
April 2015
20
 
0.30
 
1.20
 
May 2015
Schedule of Treasury Stock
 
Nine Months Ended
September 30,
 
Total From
February 2008
Through
September 30, 2015
 
2015
 
2014
 
Shares repurchased
6,640,601

(1) 
3,515,301

 
27,307,796

Average purchase price per share
$
63.31

 
$
57.19

 
$
48.90

Cash paid for repurchased shares (in millions)
$
420

 
$
201

 
$
1,335

Aggregate Board of Directors repurchase authorizations during the period (in millions)(2)
$
1,000

 
$
172

 
$
2,366

______________________________
(1) 
Excludes 9,264 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.
(2) 
These authorizations give management discretion in determining the timing and conditions under which shares may be repurchased. This repurchase program began in February 2008 and does not have an expiration date. On September 9, 2015, the Board of Directors approved a new $1.0 billion share repurchase authorization.
Schedule of Components of Other Comprehensive Income (Loss), Net
 
Three Months Ended September 30,
 
2015
 
2014
 
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

 

 

 

Foreign currency translation
(8
)
 
(3
)
 
(11
)
 
(127
)
 
3

 
(124
)
Gain (loss) on cash flow hedges
(1
)


 
(1
)
 
(8
)

3

 
(5
)
Pension and postretirement benefits

 

 

 
(16
)

8

 
(8
)
Total
(8
)
 
(3
)
 
(11
)
 
(151
)
 
14

 
(137
)

 
Nine Months Ended September 30,
 
2015
 
2014
 
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
)
 

 

 

 

Foreign currency translation
(125
)
 
(5
)
 
(130
)
 
(142
)
 
1

 
(141
)
Gain (loss) on cash flow hedges
3

 
(1
)
 
2

 
(11
)
 

 
(11
)
Pension and postretirement benefits

 
1

 
1

 
(57
)
 
23

 
(34
)
Total
(121
)
 
(6
)
 
(127
)
 
(210
)
 
24

 
(186
)
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)
on Cash
Flow
Hedges
 
Pension
and
Postretire-
ment
Benefits
 
Accumulated
Other
Comprehensive
Income
(Loss), Net
 
(In $ millions)
As of December 31, 2014
1

 
(151
)
 
(4
)
 
(11
)
 
(165
)
Other comprehensive income (loss) before reclassifications
1

 
(125
)
 
(2
)
 

 
(126
)
Amounts reclassified from accumulated other comprehensive income (loss)

 

 
5




5

Income tax (provision) benefit
(1
)
 
(5
)
 
(1
)
 
1

 
(6
)
As of September 30, 2015
1

 
(281
)
 
(2
)
 
(10
)
 
(292
)