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Stockholders' Equity (Tables)
 6 Months Ended
Jun. 30, 2019
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 2018
17
 
0.54
 
2.16
 
May 2018
April 2019
15
 
0.62
 
2.48
 
May 2019
Schedule of Treasury Stock
 
Six Months Ended
June 30,
 
Total From
February 2008
Through
June 30, 2019
 
2019
 
2018
 
Shares repurchased
4,890,155

 
888,383

 
52,602,866

Average purchase price per share
$
102.25

 
$
112.56

 
$
69.44

Shares repurchased (in $ millions)
$
500

 
$
100

 
$
3,653

Aggregate Board of Directors repurchase authorizations during the period (in $ millions)(1)
$
1,500

 
$
—

 
$
5,366

______________________________
(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 June 30,
 
2019
 
2018
 
Gross
Amount
 
Income
Tax
(Provision)
Benefit
 
Net
Amount
 
Gross
Amount
 
Income
Tax
(Provision)
Benefit
 
Net
Amount
 
(In $ millions)
Foreign currency translation gain (loss)
(12
)
 
1

 
(11
)
 
(72
)
 
6

 
(66
)
Gain (loss) on cash flow hedges
(19
)
 
6

 
(13
)
 
6

 
—

 
6

Pension and postretirement benefits gain (loss)
—

 
—

 
—

 
—

 
—

 
—

Total
(31
)
 
7

 
(24
)
 
(66
)
 
6

 
(60
)
 
Six Months Ended June 30,
 
2019
 
2018
 
Gross
Amount
 
Income
Tax
(Provision)
Benefit
 
Net
Amount
 
Gross
Amount
 
Income
Tax
(Provision)
Benefit
 
Net
Amount
 
(In $ millions)
Foreign currency translation gain (loss)
1

 
(5
)
 
(4
)
 
(27
)
 
10

 
(17
)
Gain (loss) on cash flow hedges
(22
)
 
6

 
(16
)
 
4

 
1

 
5

Pension and postretirement benefits gain (loss)
—

 
—

 
—

 
1

 
—

 
1

Total
(21
)
 
1

 
(20
)
 
(22
)
 
11

 
(11
)
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)
 
Gain (Loss)
on Cash
Flow
Hedges
 
Pension
and
Postretirement
Benefits Gain (Loss)
 
Accumulated
Other
Comprehensive
Income
(Loss), Net
 
(In $ millions)
As of December 31, 2018
(236
)
 
(8
)
 
(3
)
 
(247
)
Other comprehensive income (loss) before reclassifications
1

 
(18
)
 
—

 
(17
)
Amounts reclassified from accumulated other comprehensive income (loss)
—

 
(4
)

—


(4
)
Income tax (provision) benefit
(5
)
 
6

 
—

 
1

As of June 30, 2019
(240
)
 
(24
)
 
(3
)
 
(267
)