Derivative Financial Instruments (Tables)

9 Months Ended

Sep. 30, 2016

Derivative [Line Items]

Schedule of Changes in Fair Value of Derivatives

in the fair value of the Company's derivative and non-derivative instruments occurred during the three months endedSeptember 30, 2016 and 2015.

Information regarding changes in the fair value of the Company's derivative and non-derivative instruments during the nine months endedSeptember 30, 2016 and 2015 is as follows:

	Gain (Loss) Recognized in Other Comprehensive Income (Loss)		Gain (Loss) Recognized in Earnings (Loss)
	Nine Months Ended September 30,					Statement of Operations Classification
	2016	2015	2016	2015
	(In $ millions)
Designated as Cash Flow Hedges
Cross-currency swaps	—	—	—	46		Other income (expense), net; Interest expense
Total	—	—	—	46
Designated as Net Investment Hedges
Foreign currency denominated debt (Note 8)	2	28	—	—		N/A
Total	2	28	—	—
Not Designated as Hedges
Foreign currency forwards and swaps	—	—	12	(68	)	Foreign exchange gain (loss), net; Other income (expense), net
Total	—	—	12	(68	)

Offsetting Assets

Information regarding the gross amounts of the Company's derivative instruments and the amounts offset in the unaudited consolidated balance sheets is as follows:

	As of September 30, 2016	As of December 31, 2015
	(In $ millions)
Derivative Assets
Gross amount recognized	5	2
Gross amount offset in the consolidated balance sheets	1	—
Net amount presented in the consolidated balance sheets	4	2
Gross amount not offset in the consolidated balance sheets	1	—
Net amount	3	2

Offsetting Liabilities

	As of September 30, 2016	As of December 31, 2015
	(In $ millions)
Derivative Liabilities
Gross amount recognized	2	2
Gross amount offset in the consolidated balance sheets	1	—
Net amount presented in the consolidated balance sheets	1	2
Gross amount not offset in the consolidated balance sheets	1	—
Net amount	—	2

Net Investment Hedging [Member]

Derivative [Line Items]

Schedule of Notional Amounts of Derivative and Nonderivative Instruments

The total notional amount of foreign currency denominated debt designated as a net investment hedge of net investments in foreign operations are as follows:

	As of September 30, 2016	As of December 31, 2015
	(In € millions)
Total	940	328

Not Designated as Hedging Instrument [Member]

Derivative [Line Items]

Schedule of Notional Amounts of Derivative and Nonderivative Instruments

Gross notional values of the foreign currency forwards and swaps not designated as hedges are as follows:

	As of September 30, 2016	As of December 31, 2015
	(In $ millions)
Total	490	502