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Stockholders' Equity (Tables)
12 Months Ended
Dec. 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 2016
20
 
0.36

 
1.44

 
May 2016
April 2017
28
 
0.46

 
1.84

 
May 2017
April 2018
17
 
0.54

 
2.16

 
May 2018
Schedule of Treasury Stock
These authorizations give management discretion in determining the timing and conditions under which shares may be repurchased. This repurchase program does not have an expiration date.
The share repurchase activity pursuant to this authorization is as follows:
 
Year Ended December 31,
 
Total From
February 2008
Through
December 31, 2018
 
2018
 
2017
 
2016
 
Shares repurchased
7,933,692

(1) 
5,436,803

 
7,034,420

 
47,712,711

Average purchase price per share
$
103.01

 
$
91.97

 
$
71.08

 
$
66.08

Amount spent on repurchased shares (in millions)
$
817

 
$
500

 
$
500

 
$
3,153

Aggregate Board of Directors repurchase authorizations during the period (in millions)(2)
$

 
$
1,500

 
$

 
$
3,866

______________________________
(1) 
Excludes 1,700 common shares reacquired pursuant to an employee clawback agreement.
(2) 
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
 
Year Ended December 31,
 
2018
 
2017
 
2016
 
Gross
Amount
 
Income
Tax
(Provision)
Benefit
 
Net
Amount
 
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
(65
)
 
5

 
(60
)
 
162

 
12

 
174

 
(22
)
 
11

 
(11
)
Gain (loss) on cash flow hedges
(12
)
 
2

 
(10
)
 

 
(1
)
 
(1
)
 
5

 

 
5

Pension and postretirement benefits
1

 
(1
)
 

 
7

 
2

 
9

 
(5
)
 
1

 
(4
)
Total
(76
)
 
6

 
(70
)
 
169

 
12

 
181

 
(22
)
 
12

 
(10
)

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)
from Cash Flow Hedges
 
Pension
and
Postretirement
Benefits
 
Accumulated
Other
Comprehensive
Income
(Loss), Net
 
(In $ millions)
As of December 31, 2015
1

 
(339
)
 
(2
)
 
(8
)
 
(348
)
Other comprehensive income (loss) before reclassifications

 
(22
)
 
7

 
(3
)
 
(18
)
Amounts reclassified from accumulated other comprehensive income (loss)

 

 
(2
)
 
(2
)
 
(4
)
Income tax (provision) benefit

 
11

 

 
1

 
12

As of December 31, 2016
1

 
(350
)
 
3

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

 
162

 
4

 
8

 
174

Amounts reclassified from accumulated other comprehensive income (loss)

 

 
(4
)
 
(1
)
 
(5
)
Income tax (provision) benefit
(1
)
 
12

 
(1
)
 
2

 
12

As of December 31, 2017

 
(176
)
 
2

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

 
(65
)
 
(11
)
 
1

 
(75
)
Amounts reclassified from accumulated other comprehensive income (loss)

 

 
(1
)
 

 
(1
)
Income tax (provision) benefit

 
5

 
2

 
(1
)
 
6

As of December 31, 2018

 
(236
)
 
(8
)
 
(3
)
 
(247
)