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Shareholders' Equity (Tables)
 9 Months Ended
Sep. 30, 2014
Equity [Abstract]  
Schedule of Stockholders Equity
The following summarizes our shareholders’ equity activity for the nine months ended September 30, 2014 and 2013:
(Dollars in millions)
Par Value of Issued Shares
 
Capital In Excess of Par Value
 
Retained Earnings
 
Accumulated
Other
Comprehensive
Income (Loss)
 
Treasury Shares
 
Non-controlling Interests
 
Total Shareholders’ Equity
Balance at December 31, 2012
$
775

 
$
4,674

 
$
3,356

 
$
163

 
$
(182
)
 
$
32

 
$
8,818

Net Income (Loss)
—

 
—

 
(74
)
 
—

 
—

 
24

 
(50
)
Other Comprehensive Loss
—

 
—

 
—

 
(226
)
 
—

 
—

 
(226
)
Dividends Paid to Noncontrolling Interests
—

 
—

 
—

 
—

 
—

 
(19
)
 
(19
)
Equity Awards Granted, Vested and Exercised
—

 
(51
)
 
—

 
—

 
109

 
—

 
58

Other
—

 
(4
)
 
—

 
—

 
—

 
4

 
—

Balance at September 30, 2013
$
775

 
$
4,619

 
$
3,282

 
$
(63
)
 
$
(73
)
 
$
41

 
$
8,581

 
 
 
 
 
 
 
 
 
 
 
 
 
 
Balance at December 31, 2013
$
775

 
$
4,600

 
$
3,011

 
$
(187
)
 
$
(37
)
 
$
41

 
$
8,203

Net Income (Loss)
—

 
—

 
(109
)
 
—

 
—

 
33

 
(76
)
Other Comprehensive Loss
—

 
—

 
—

 
(243
)
 
—

 
—

 
(243
)
Consolidation of Joint Venture
—

 
—

 
—

 
—

 
—

 
27

 
27

Dividends Paid to Noncontrolling Interests
—

 
—

 
—

 
—

 
—

 
(22
)
 
(22
)
Change in Common Shares, Treasury Shares and Paid in Capital Associated with Redomestication
(778
)
 
750

 
—

 
—

 
39

 
—

 
11

Equity Awards Granted, Vested and Exercised
4

 
40

 
—

 
—

 
(2
)
 
—

 
42

Other
—

 
—

 
—

 
—

 
—

 
—

 
—

Balance at September 30, 2014
$
1

 
$
5,390

 
$
2,902

 
$
(430
)
 
$
—

 
$
79

 
$
7,942
Schedule of Accumulated Other Comprehensive Income (Loss)
The following table presents the changes in our accumulated other comprehensive income (loss) by component for the nine months ended September 30, 2014 and 2013:
(Dollars in millions)
Currency Translation Adjustment
 
Defined Benefit Pension
 
Deferred Loss on Derivatives
 
Total
Balance at December 31, 2012
213

 
(40
)
 
(10
)
 
163

 
 
 
 
 
 
 
 
Other comprehensive loss before reclassifications
(190
)
 
—

 
—

 
(190
)
Reclassifications
(37
)
 
1

 
—

 
(36
)
Net activity
(227
)
 
1

 
—

 
(226
)
 
 
 
 
 
 
 
 
Balance at September 30, 2013
$
(14
)
 
$
(39
)
 
$
(10
)
 
$
(63
)
 
 
 
 
 
 
 
 
Balance at December 31, 2013
$
(140
)
 
$
(38
)
 
$
(9
)
 
$
(187
)
 
 
 
 
 
 
 
 
Other comprehensive loss before reclassifications
(333
)
 
—

 
—

 
(333
)
Reclassifications
90

 
—

 
—

 
90

Net activity
(243
)
 
—

 
—

 
(243
)
 
 
 
 
 
 
 
 
Balance at September 30, 2014
$
(383
)
 
$
(38
)
 
$
(9
)
 
$
(430
)