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Shareholders' Equity (Tables)
 3 Months Ended
Mar. 31, 2015
Equity [Abstract]  
Schedule of Stockholders Equity
The following summarizes our shareholders’ equity activity for the three months ended March 31, 2015 and 2014:
(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, 2013
$
775

 
$
4,600

 
$
3,011

 
$
(187
)
 
$
(37
)
 
$
41

 
$
8,203

Net Income (Loss)
—

 
—

 
(41
)
 
—

 
—

 
9

 
(32
)
Other Comprehensive Loss
—

 
—

 
—

 
(202
)
 
—

 
—

 
(202
)
Dividends Paid to Noncontrolling Interests
—

 
—

 
—

 
—

 
—

 
(6
)
 
(6
)
Equity Awards Granted, Vested and Exercised
2

 
3

 
—

 
—

 
3

 
—

 
8

Balance at March 31, 2014
$
777

 
$
4,603

 
$
2,970

 
$
(389
)
 
$
(34
)
 
$
44

 
$
7,971

 
 
 
 
 
 
 
 
 
 
 
 
 
 
Balance at December 31, 2014
$
1

 
$
5,411

 
$
2,427

 
$
(881
)
 
$
—

 
$
75

 
$
7,033

Net Income (Loss)
—

 
—

 
(118
)
 
—

 
—

 
11

 
(107
)
Other Comprehensive Loss
—

 
—

 
—

 
(323
)
 
—

 
—

 
(323
)
Dividends Paid to Noncontrolling Interests
—

 
—

 
—

 
—

 
—

 
(18
)
 
(18
)
Equity Awards Granted, Vested and Exercised
—

 
12

 
—

 
—

 
—

 
—

 
12

Other
—

 
—

 
—

 
—

 
—

 
1

 
1

Balance at March 31, 2015
$
1

 
$
5,423

 
$
2,309

 
$
(1,204
)
 
$
—

 
$
69

 
$
6,598
Schedule of Accumulated Other Comprehensive Income (Loss)
The following table presents the changes in our accumulated other comprehensive income (loss) by component for the three months ended March 31, 2015 and 2014:
(Dollars in millions)
Currency Translation Adjustment
 
Defined Benefit Pension
 
Deferred Loss on Derivatives
 
Total
Balance at December 31, 2013
$
(140
)
 
$
(38
)
 
$
(9
)
 
$
(187
)
Other comprehensive loss
(202
)
 
—

 
—

 
(202
)
Balance at March 31, 2014
$
(342
)
 
$
(38
)
 
$
(9
)
 
$
(389
)
 
 
 
 
 
 
 
 
Balance at December 31, 2014
$
(813
)
 
$
(57
)
 
$
(11
)
 
$
(881
)
Other comprehensive income (loss) before reclassifications
(345
)
 
20

 
—

 
(325
)
Reclassifications
—

 
2

 
—

 
2

Net activity
(345
)
 
22

 
—

 
(323
)
Balance at March 31, 2015
$
(1,158
)
 
$
(35
)
 
$
(11
)
 
$
(1,204
)