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Financial Instruments (Tables)
12 Months Ended
Dec. 31, 2012
Financial Instruments [Abstract]  
Summary of the fair value of the Company's derivative contracts
                                         
        Fair Value Asset
(Liability)
        Fair Value Asset
(Liability)
 
(in $ millions)  

Balance Sheet

Location

  December 31,

2012

    December 31,

2011

   

Balance Sheet

Location

  December 31,

2012

    December 31,

2011

 

Interest rate swaps

  Other current assets               Accrued expenses and other current liabilities     (3     (4

Interest rate swaps

                  Other non-current liabilities           (2

Foreign currency contracts

  Other current assets     10       2     Accrued expenses and other current liabilities     (1     (33

Foreign currency contracts

  Other non-current assets     5           Other non-current liabilities            
       

 

 

   

 

 

       

 

 

   

 

 

 

Total fair value of derivative assets (liabilities)

                          15                         2                             (4                       (39
       

 

 

   

 

 

       

 

 

   

 

 

 
Summary of reconciliation of the carrying amount of derivative financial instruments, net liability position
         
(in $ millions)      

Net derivative liability as of January 1, 2012

    (37

Total losses for the period included in net loss

    (4

Net payment on settlement of foreign currency derivative contracts

    42  

Settlement of interest rate derivative contracts

    3  

Termination of foreign currency derivative contracts (settlement pending)

    7  
   

 

 

 

Net derivative asset as of December 31, 2012

    11  
   

 

 

 
Schedule of impact that changes in fair values of derivatives
                                                     
     Amount of Gain (Loss)
Recognized
in Other
Comprehensive
Income (Loss)
        Amount of Gain (Loss)
Recorded

into Income (Loss)
 
    Year Ended
December 31,
   

Location of Gain (Loss)
Recorded in Income (Loss)

  Year Ended
December 31,
 
(in $ millions)   2012     2011     2010       2012     2011     2010  

Derivatives designated as hedging instruments:

                                                   

Interest rate swaps

                (4   Interest expense, net           (9     (10

Foreign exchange impact of cross currency swaps

                (15   Selling, general and administrative                 (15

Foreign currency contracts

                (9   Selling, general and administrative                 (12

Derivatives not designated as hedging instruments:

                                                   

Interest rate swaps

                          Interest expense, net     (4     (4     (22

Foreign exchange impact of cross currency swaps

                          Selling, general and administrative           14        

Foreign currency contracts

                          Selling, general and administrative           (16     (50
                               

 

 

   

 

 

   

 

 

 
                                      (4       (15       (109
                               

 

 

   

 

 

   

 

 

 
Fair values of the Company's other financial instruments
                                 
    December 31, 2012     December 31, 2011  
(in $ millions)   Carrying
Amount
    Fair Value     Carrying
Amount
    Fair Value  

Asset (liability)

                               

Investment in Orbitz Worldwide

          133       77       184  

Derivative assets (see above)

    15       15       2       2  

Derivative liabilities (see above)

    (4     (4     (39     (39

Total debt

            (3,430             (2,899             (3,407             (2,353