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Stockholders' Equity (Tables)
3 Months Ended
Mar. 31, 2020
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 2019
15
 
0.62
 
2.48
 
May 2019

Schedule of Treasury Stock
 
Three Months Ended
March 31,
 
Total From
February 2008
Through
March 31, 2020
 
2020
 
2019
 
Shares repurchased
1,709,431

 
1,972,291

 
58,588,409

Average purchase price per share
$
87.87

 
$
101.41

 
$
73.44

Shares repurchased (in $ millions)
$
150

 
$
200

 
$
4,303

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

 
$

 
$
5,366


Schedule of Components of Other Comprehensive Income (Loss), Net
 
Three Months Ended March 31,
 
2020
 
2019
 
Gross
Amount
 
Income
Tax
(Provision)
Benefit
 
Net
Amount
 
Gross
Amount
 
Income
Tax
(Provision)
Benefit
 
Net
Amount
 
(In $ millions)
Foreign currency translation gain (loss)
10

 
(12
)
 
(2
)
 
13

 
(6
)
 
7

Gain (loss) on cash flow hedges
(51
)
 
12

 
(39
)
 
(3
)
 

 
(3
)
Total
(41
)
 

 
(41
)
 
10

 
(6
)
 
4


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, 2019
(252
)
 
(38
)
 
(10
)
 
(300
)
Other comprehensive income (loss) before reclassifications
10

 
(51
)
 

 
(41
)
Income tax (provision) benefit
(12
)
 
12

 

 

As of March 31, 2020
(254
)
 
(77
)
 
(10
)
 
(341
)