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Stockholders' Equity (Tables)
3 Months Ended
Mar. 31, 2018
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 2017
28
 
0.46
 
1.84
 
May 2017
Schedule of Treasury Stock
 
Three Months Ended
March 31,
 
Total From
February 2008
Through
March 31, 2018
 
2018
 
2017
 
Shares repurchased

 
1,461,966

 
39,779,019

Average purchase price per share
$

 
$
89.95

 
$
58.71

Shares repurchased (in $ millions)
$

 
$
131

 
$
2,335

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

 
$

 
$
3,866

______________________________
(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,
 
2018
 
2017
 
Gross
Amount
 
Income
Tax
(Provision)
Benefit
 
Net
Amount
 
Gross
Amount
 
Income
Tax
(Provision)
Benefit
 
Net
Amount
 
(In $ millions)
Foreign currency translation
45

 
4

 
49

 
28

 

 
28

Gain (loss) on cash flow hedges
(2
)
 
1

 
(1
)
 
(2
)
 

 
(2
)
Pension and postretirement benefits
1

 

 
1

 
5

 

 
5

Total
44

 
5

 
49

 
31

 

 
31


Schedule of Adjustments to Accumulated Other Comprehensive Income (Loss), Net
Adjustments to Accumulated other comprehensive income (loss), net, are as follows:
 
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, 2017
(176
)
 
2

 
(3
)
 
(177
)
Other comprehensive income (loss) before reclassifications
45

 
(2
)
 
1

 
44

Amounts reclassified from accumulated other comprehensive income (loss)

 





Income tax (provision) benefit
4

 
1

 

 
5

As of March 31, 2018
(127
)
 
1

 
(2
)
 
(128
)