Derivative Financial Instruments (Tables)

12 Months Ended

Dec. 31, 2016

Derivative [Line Items]

Schedule of Notional Amounts of Net Foreign Exchange Exposure by Currency

The total US dollar equivalents of net foreign exchange exposure related to (short) long foreign exchange forward contracts outstanding by currency are as follows:

	2017 Maturity
	(In $ millions)
Currency
Brazilian real	(19	)
British pound sterling	(78	)
Canadian dollar	33
Chinese renminbi	(41	)
Euro	138
Hungarian forint	9
Indonesian rupiah	(6	)
Korean won	10
Singapore dollar	30
Total	76

Schedule of Derivatives Instruments Activity

Hedging activity for interest rate swaps, cross-currency swaps and commodity swaps is as follows:

	Year Ended December 31,				Statement of Operations Classification
	2016	2015	2014
	(In $ millions)
Hedging activities	2	2	(4	)	Cost of sales; Interest income (expense)
Ineffective portion of hedging activities	—	—	—		Other income (expense), net

Schedule of Changes in Fair Value of Derivatives

Information regarding changes in the fair value of the Company's derivative and non-derivative instruments is as follows:

	Gain (Loss) Recognized in Other Comprehensive Income (Loss)				Gain (Loss) Recognized in Earnings (Loss)					Statement of Operations Classification
	Year Ended December 31,				Year Ended December 31,
	2016	2015	2014		2016	2015		2014
	(In $ millions)
Designated as Cash Flow Hedges
Commodity swaps	7	—	—		2	—		—		Cost of sales
Interest rate swaps	—	—	(1	)	—	—		(4	)	Interest expense
Cross-currency swaps	—	—	(8	)	—	46		46		Other income (expense), net or Interest expense
Total	7	—	(9	)	2	46		42
Designated as a Net Investment Hedge
Foreign currency denominated debt (Note 14)	61	48	23		—	—		—		N/A
Total	61	48	23		—	—		—
Not Designated as Hedges
Interest rate swaps	—	—	—		—	(1	)	(3	)	Interest expense
Foreign currency forwards and swaps	—	—	—		14	(82	)	(15	)	Foreign exchange gain (loss), net; Other income (expense), net
Total	—	—	—		14	(83	)	(18	)

Offsetting Assets

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

	As of December 31,
	2016	2015
	(In $ millions)
Derivative Assets
Gross amount recognized	14	2
Gross amount offset in the consolidated balance sheets	4	—
Net amount presented in the consolidated balance sheets	10	2
Gross amount not offset in the consolidated balance sheets	2	—
Net amount	8	2

Offsetting Liabilities

	As of December 31,
	2016	2015
	(In $ millions)
Derivative Liabilities
Gross amount recognized	7	2
Gross amount offset in the consolidated balance sheets	4	—
Net amount presented in the consolidated balance sheets	3	2
Gross amount not offset in the consolidated balance sheets	2	—
Net amount	1	2

Foreign Exchange Forward [Member]

Derivative [Line Items]

Schedule of Notional Amounts of Foreign Currency Derivatives

Gross notional values of the foreign currency forwards and swaps are as follows:

	As of December 31,
	2016	2015
	(In $ millions)
Total	508	502

Foreign Currency Denominated Debt [Member] | Net Investment Hedging [Member]

Derivative [Line Items]

Schedule of Notional Amounts of Foreign Currency Derivatives

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 December 31,
	2016	2015
	(In € millions)
Total	850	328