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Derivative Instruments (Tables)
9 Months Ended
Sep. 30, 2014
Derivative Instruments and Hedging Activities Disclosure [Abstract]  
Schedule of Derivatives Instruments in Statements of Financial Performance and Financial Position
(Dollars in millions)
 
September 30, 2014
 
December 31, 2013
 
Classification
Derivative assets not designated as hedges:
 
 
 
 
 
 
Foreign currency forward contracts
 
$
5

 
$
5

 
Other Current Assets
 
 
 
 
 
 
 
Derivative liabilities not designated as hedges:
 
 
 
 
 
 
Foreign currency forward contracts
 
(15
)
 
(6
)
 
Other Current Liabilities
Cross-currency swap contracts
 
(13
)
 
(21
)
 
Other Liabilities


The effect of derivative instruments designated as fair value hedges and those not designated as hedges on the Condensed Consolidated Statements of Operations was as follows:
 
 
Gain (Loss) Recognized in Income
 
 
 
 
Three Months Ended September 30,
 
Nine Months Ended September 30,
 
 
(Dollars In millions)
 
2014
 
2013
 
2014
 
2013
 
Classification
Derivatives designated as fair value hedges:
 
 
 
 
 
 
 
 
 
 
Interest rate swaps
 
$
3

 
$
3

 
$
7

 
$
8

 
Interest Expense, Net
 
 
 
 
 
 
 
 
 
 
 
Derivative liabilities not designated as hedges:
 
 
 
 
 
 
 
 
 
 
Foreign currency forward contracts
 
(5
)
 
(15
)
 
(12
)
 
(1
)
 
Other, Net
Cross-currency swap contracts
 
6

 
(4
)
 
7

 
6

 
Other, Net