Derivative Financial Instruments (Tables)

6 Months Ended

Jun. 30, 2017

Derivative [Line Items]

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)
	Three Months Ended June 30,						Statement of Operations Classification
	2017		2016	2017		2016
	(In $ millions)
Designated as Cash Flow Hedges
Commodity swaps	2		1	1		—	Cost of sales
Foreign currency forwards	(1	)	—	—		—	Cost of sales
Total	1		1	1		—
Designated as Net Investment Hedges
Foreign currency denominated debt (Note 10)	(56	)	7	—		—	N/A
Total	(56	)	7	—		—
Not Designated as Hedges
Foreign currency forwards and swaps	—		—	(3	)	6	Foreign exchange gain (loss), net; Other income (expense), net
Total	—		—	(3	)	6

	Gain (Loss) Recognized in Other Comprehensive Income (Loss)			Gain (Loss) Recognized in Earnings (Loss)
	Six Months Ended June 30,						Statement of Operations Classification
	2017		2016	2017		2016
	(In $ millions)
Designated as Cash Flow Hedges
Commodity swaps	1		1	2		—	Cost of sales
Foreign currency forwards	(1	)	—	—		—	Cost of sales
Total	—		1	2		—
Designated as Net Investment Hedges
Foreign currency denominated debt (Note 10)	(69	)	1	—		—	N/A
Total	(69	)	1	—		—
Not Designated as Hedges
Foreign currency forwards and swaps	—		—	(2	)	13	Foreign exchange gain (loss), net; Other income (expense), net
Total	—		—	(2	)	13

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 June 30, 2017	As of December 31, 2016
	(In $ millions)
Derivative Assets
Gross amount recognized	7	14
Gross amount offset in the consolidated balance sheets	—	4
Net amount presented in the consolidated balance sheets	7	10
Gross amount not offset in the consolidated balance sheets	1	2
Net amount	6	8

Offsetting Liabilities

	As of June 30, 2017	As of December 31, 2016
	(In $ millions)
Derivative Liabilities
Gross amount recognized	7	7
Gross amount offset in the consolidated balance sheets	—	4
Net amount presented in the consolidated balance sheets	7	3
Gross amount not offset in the consolidated balance sheets	1	2
Net amount	6	1

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 June 30, 2017	As of December 31, 2016
	(In € millions)
Total	750	850

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 June 30, 2017	As of December 31, 2016
	(In $ millions)
Total	674	508