Financial Instruments (Tables)

3 Months Ended

Mar. 31, 2014

Derivative Instruments And Hedging Activities Disclosure [Abstract]

Summary of Fair Value of Company's Derivative Contracts

Presented below is a summary of the fair value of the Company’s derivative contracts recorded on the consolidated condensed balance sheets at fair value.

		Fair Value Asset					Fair Value (Liability)
(in $ millions)	Balance Sheet Location	March 31, 2014		December 31, 2013		Balance Sheet Location	March 31, 2014		December 31, 2013
Derivatives designated as hedging instruments:
Interest rate caps	Other non-current assets		7		8	Accrued expenses and other current liabilities		—		—
Derivatives not designated as hedging instruments:
Foreign currency contracts	Other current assets		3		3	Accrued expenses and other current liabilities		—		(1)
Total fair value of derivative assets (liabilities)			10		11			—		(1)

Summary of Notional Amounts of Derivative Contracts

As of March 31, 2014, the notional amounts of the above derivative contracts were as follows:

(in $ millions)	Amount
Interest rate caps		2,330
Foreign currency forwards		99

Summary of Reconciliation of 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, during the three months ended March 31, 2014.

(in $ millions)	Three Months Ended March 31, 2014
Net derivative asset as of January 1		10
Total gain for the period included in net loss		2
Total loss for period accounted through other comprehensive income		(1)
Payments for settlement of foreign exchange derivative contracts		(1)
Net derivative asset as of March 31		10

Impact of Changes in Fair Values of Derivatives

The table below presents the impact of changes in fair values of derivatives on accumulated other comprehensive loss and on net loss during the three months ended March 31, 2014:

	Amount of Gain (Loss) Recognized in Other Comprehensive Loss					Amount of Gain (Loss) Recorded into Net Income (Loss)
	Three Months Ended March 31,				Location of Gain (Loss) Recorded in Net Loss	Three Months Ended March 31,
(in $ millions)	2014		2013			2014		2013
Derivatives designated as hedging instruments:
Interest rate caps		(1)		—	Interest expense, net		—		—
Derivatives not designated as hedging instruments:
Interest rate swaps					Interest expense, net		—		(1)
Foreign currency contracts					Selling, general and administrative		2		(14)
							2		(15)

Fair Values of Company's Other Financial Instruments

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

			March 31, 2014				December 31, 2013
(in $ millions)	Fair Value Hierarchy		Carrying Amount		Fair Value		Carrying Amount		Fair Value
Asset (liability)
Investment in Orbitz Worldwide		Level 1		13		381		19		349
Derivative assets		Level 2		10		10		11		11
Derivative liabilities		Level 2		—		—		(1)		(1)
Total debt		Level 2		(3,485)		(3,604)		(3,573)		(3,693)