Financial Instruments (Tables)

6 Months Ended

Jun. 30, 2013

Derivative Instruments And Hedging Activities Disclosure [Abstract]

Summary of the fair value of the Company's derivative contracts

Presented below is a summary of the fair value of the Company’s derivative contracts, none of which have been designated as hedging instruments, recorded on the consolidated condensed balance sheets at fair value.

		Fair Value Asset (Liability)					Fair Value Asset (Liability)
(in $ millions)	Balance Sheet Location	June 30, 2013		December 31, 2012		Balance Sheet Location	June 30, 2013		December 31, 2012
Interest rate swaps	Other current assets		—		—	Accrued expenses and other current liabilities		(1)		(3)
Foreign currency contracts	Other current assets		2		10	Accrued expenses and other current liabilities		(5)		(1)
Foreign currency contracts	Other non-current assets		—		5	Other non-current liabilities		—		—
Total fair value of derivative assets (liabilities)			2		15			(6)		(4)

Summary of reconciliation of the net carrying amount of derivative financial instruments

The following table provides a reconciliation of the movement in the net carrying amount of derivative financial instruments.

(in $ millions)	Six Months Ended June 30, 2013
Net derivative asset as of January 1		11
Loss for the period included in net loss		(14)
Proceeds from settlement of foreign exchange derivative contracts		(2)
Settlement of interest rate derivative contracts		3
Termination of foreign currency derivative contracts (settlement pending)		(2)
Net derivative liability as of June 30		(4)

Impact of changes in fair values of derivatives

The table below presents the impact of changes in fair value of derivatives on income (loss) during the period.

		Amount of Gain (Loss) Recorded into Income (Loss)
	Location of Gain (Loss) Recorded in Income (Loss)	Three Months Ended June 30,				Six Months Ended June 30,
(in $ millions)		2013		2012		2013		2012
Derivatives not designated as hedging instruments:
Interest rate swaps	Interest expense, net		(2)		(2)		(3)		(1)
Foreign currency contracts	Selling, general and administrative		3		(25)		(11)		(11)
			1		(27)		(14)		(12)

Fair values of the Company's other financial instruments

The fair values of the Company’s other financial instruments are as follows:

			June 30, 2013				December 31, 2012
(in $ millions)	Fair Value Hierarchy		Carrying Amount		Fair Value		Carrying Amount		Fair Value
Asset (liability)
Investment in Orbitz Worldwide		Level 1		13		392		—		133
Derivative assets		Level 3		2		2		15		15
Derivative liabilities		Level 3		(6)		(6)		(4)		(4)
Total debt		Level 2		(3,537)		(3,522)		(3,430)		(2,899)