Derivative Financial Instruments and Hedging Activities (Tables)

9 Months Ended

Sep. 30, 2014

Derivative Instruments and Hedging Activities Disclosure [Abstract]

Derivative financial instruments recognized in the Consolidated Balance Sheet

The fair value of derivative financial instruments recognized in the Condensed Consolidated Balance Sheets follows:

	Notional amount		Other  current assets		Other long-term assets		Other current liabilities		Other long-term liabilities		Type of hedge	Term
September 30, 2014
Derivatives designated as hedges
Fixed-to-floating interest rate swaps	$	3,440	$	—	$	53	$	—	$	31	Fair value	3 to 20 years
Currency exchange contracts	446		7		2		3		1		Cash flow	1 to 36 months
Commodity contracts	2		—		—		—		—		Cash flow	1 to 12 months
Total			$	7	$	55	$	3	$	32
Derivatives not designated as hedges
Currency exchange contracts	$	4,444	$	35			$	37				1 to 12 months
Total			$	35			$	37
December 31, 2013
Derivatives designated as hedges
Fixed-to-floating interest rate swaps	$	3,090	$	1	$	36	$	—	$	76	Fair value	3 months to 20 years
Floating-to-fixed interest rate swaps	300		—		—		1		—		Cash flow	6 months
Currency exchange contracts	393		12		—		3		—		Cash flow	12 to 36 months
Commodity contracts	1		—		—		—		—		Cash flow	1 to 12 months
Total			$	13	$	36	$	4	$	76
Derivatives not designated as hedges
Currency exchange contracts	$	4,277	$	22			$	26				1 to 12 months
Total			$	22			$	26

Amounts recognized in accumulated other comprehensive income (loss)

Amounts recognized in Accumulated other comprehensive income (loss) follow:

	Three months ended September 30
	2014					2013
	Gain (loss) recognized in Accumulated other comprehensive income (loss)			Gain (loss) reclassified from Accumulated other comprehensive income (loss)		Gain (loss) recognized in Accumulated other comprehensive income (loss)		Gain (loss) reclassified from Accumulated other comprehensive income (loss)
Derivatives designated as cash flow hedges
Currency exchange contracts	$	(3	)	$	1	$	9	$	—
Total	$	(3	)	$	1	$	9	$	—

	Nine months ended September 30
	2014					2013
	Gain (loss) recognized in Accumulated other comprehensive income (loss)		Gain (loss) reclassified from Accumulated other comprehensive income (loss)			Gain (loss) recognized in Accumulated other comprehensive income (loss)			Gain (loss) reclassified from Accumulated other comprehensive income (loss)
Derivatives designated as cash flow hedges
Floating-to-fixed interest rate swaps	$	—	$	(1	)	$	—		$	(1	)
Currency exchange contracts	2		5			1			1
Commodity contracts	—		—			(1		)	(1		)
Total	$	2	$	4		$	—		$	(1	)

Amounts recognized in net income

Amounts recognized in net income follow:

	Three months ended September 30						Nine months ended September 30
	2014			2013			2014			2013
Derivatives designated as fair value hedges
Fixed-to-floating interest rate swaps	$	(12	)	$	5		$	61		$	(83	)
Related long-term debt converted to floating interest    rates by interest rate swaps	12			(5		)	(61		)	83
	$	—		$	—		$	—		$	—