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Stockholders' Equity (Tables)
3 Months Ended
Mar. 31, 2017
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 2016
20
 
0.36
 
1.44
 
May 2016
Schedule of Treasury Stock
 
Three Months Ended
March 31,
 
Total From
February 2008
Through
March 31, 2017
 
2017
 
2016
 
Shares repurchased
1,461,966

 

 
35,804,182

Average purchase price per share
$
89.95

 
$

 
$
54.93

Shares repurchased (in $ millions)
$
131

 
$

 
$
1,966

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

 
$

 
$
2,366

______________________________
(1) 
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.
Schedule of Components of Other Comprehensive Income (Loss), Net
 
Three Months Ended March 31,
 
2017
 
2016
 
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
28

 

 
28

 
70

 
(6
)
 
64

Gain (loss) on cash flow hedges
(2
)
 

 
(2
)
 

 

 

Pension and postretirement benefits
5

 

 
5

 

 

 

Total
31

 

 
31

 
71

 
(6
)
 
65

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
Postretirement
Benefits
 
Accumulated
Other
Comprehensive
Income
(Loss), Net
 
(In $ millions)
As of December 31, 2016
1

 
(350
)
 
3

 
(12
)
 
(358
)
Other comprehensive income (loss) before reclassifications

 
28

 
(1
)
 
5

 
32

Amounts reclassified from accumulated other comprehensive income (loss)

 

 
(1
)



(1
)
Income tax (provision) benefit

 

 

 

 

As of March 31, 2017
1

 
(322
)
 
1

 
(7
)
 
(327
)