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Derivative Instruments (Tables)
12 Months Ended
Dec. 31, 2014
Derivative Instruments and Hedging Activities Disclosure [Abstract]  
Fair Values of Outstanding Derivative Instruments
The total estimated fair values of these foreign currency forward contracts and amounts receivable or owed associated with closed foreign currency contracts and the total estimated fair value of our cross-currency contracts are as follows:
 
December 31,
 
 
(Dollars in millions)
2014
 
2013
 
Classifications
Derivative assets not designated as hedges:
 
 
 
 
 
Foreign currency forward contracts
$
12

 
$
5

 
Other Current Assets
 
 
 
 
 
 
Derivative liabilities not designated as hedges:
 
 
 
 
 
Foreign currency forward contracts
(17
)
 
(6
)
 
Other Current Liabilities
Cross-currency swap contracts
(5
)
 
(21
)
 
Other Liabilities


The effect of derivative instruments designated as fair value hedges and those not designated as hedges on the Consolidated Statements of Operations is in the table below.
Gain (Loss) Recognized in Statement of Operations
 
Twelve Months Ended 
 December 31,
 
 
(Dollars In millions)
 
2014
 
2013
 
Classification
Derivatives designated as fair value hedges:
 
 
 
 
 
 
Interest rate swaps
 
$
9

 
$
10

 
Interest Expense, Net
 
 
 
 
 
 
 
Derivative liabilities not designated as hedges:
 
 
 
 
 
 
Foreign currency forward contracts
 
(22
)
 
(12
)
 
Other, Net
Cross-currency swap contracts
 
16

 
13

 
Other, Net