Stockholders' Equity (Tables)

6 Months Ended

Jun. 30, 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
April 2020	—	0.62	2.48	May 2020

Schedule of Treasury Stock

	Six Months Ended June 30,				Total From February 2008 Through June 30, 2020
	2020		2019
Shares repurchased	1,709,431		4,890,155		58,588,409
Average purchase price per share	$	87.87	$	102.25	$	73.44
Shares repurchased (in $ millions)	$	150	$	500	$	4,303
Aggregate Board of Directors repurchase authorizations during the period (in $ millions)	$	—	$	1,500	$	5,366

Schedule of Components of Other Comprehensive Income (Loss), Net

	Three Months Ended June 30,
	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	)	4	(6	)	(12	)	1	(11	)
Gain (loss) on cash flow hedges	1		—	1		(19	)	6	(13	)
Total	(9	)	4	(5	)	(31	)	7	(24	)

	Six Months Ended June 30,
	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)	—		(8	)	(8	)	1		(5	)	(4	)
Gain (loss) on cash flow hedges	(50	)	12		(38	)	(22	)	6		(16	)
Total	(50	)	4		(46	)	(21	)	1		(20	)

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 (Note 14)		Pension and Postretirement Benefits Gain (Loss) (Note 9)		Accumulated Other Comprehensive Income (Loss), Net
	(In $ millions)
As of December 31, 2019	(252	)	(38	)	(10	)	(300	)
Other comprehensive income (loss) before reclassifications	—		(50	)	—		(50	)
Income tax (provision) benefit	(8	)	12		—		4
As of June 30, 2020	(260	)	(76	)	(10	)	(346	)