XML 77 R66.htm IDEA: XBRL DOCUMENT v2.3.0.15
Debt (Details Textual) (USD $)
In Millions, except Per Share data, unless otherwise specified
1 Months Ended3 Months Ended9 Months Ended9 Months Ended1 Months Ended3 Months Ended9 Months Ended
Oct. 31, 2011
Sep. 30, 2011
Sep. 30, 2011
Office
Sep. 30, 2011
Oct. 20, 2011
Dec. 31, 2010
Oct. 20, 2011
4.90% Notes and Debentures due May 2014 [Member]
Sep. 30, 2011
4.90% Notes and Debentures due May 2014 [Member]
Dec. 31, 2010
4.90% Notes and Debentures due May 2014 [Member]
Sep. 30, 2011
3.55% Notes and Debentures due September 2016 [Member]
Sep. 20, 2011
3.55% Notes and Debentures due September 2016 [Member]
Dec. 31, 2010
3.55% Notes and Debentures due September 2016 [Member]
Sep. 30, 2011
4.25% Notes and Debentures due October 2016 [Member]
Sep. 20, 2011
4.25% Notes and Debentures due October 2016 [Member]
Dec. 31, 2010
4.25% Notes and Debentures due October 2016 [Member]
Sep. 30, 2011
4.875% Notes and Debentures due October 2021 [Member]
Sep. 20, 2011
4.875% Notes and Debentures due October 2021 [Member]
Dec. 31, 2010
4.875% Notes and Debentures due October 2021 [Member]
Sep. 30, 2011
5.55% Notes and Debentures due October 2021
Sep. 20, 2011
5.55% Notes and Debentures due October 2021
Dec. 31, 2010
5.55% Notes and Debentures due October 2021
Sep. 30, 2011
Notes and Debentured due August 2048 [Member]
Dec. 31, 2010
Notes and Debentured due August 2048 [Member]
Sep. 30, 2011
Notes and Debentures Various 2011 - 2022 [Member]
Dec. 31, 2010
Notes and Debentures Various 2011 - 2022 [Member]
Oct. 20, 2011
6.125% Notes and Debentures due May 2019 [Member]
Sep. 30, 2011
6.125% Notes and Debentures due May 2019 [Member]
Dec. 31, 2010
6.125% Notes and Debentures due May 2019 [Member]
Sep. 30, 2011
7.40% Notes and Debentures due November 2025 [Member]
Oct. 21, 2011
7.40% Notes and Debentures due November 2025 [Member]
Oct. 20, 2011
7.40% Notes and Debentures due November 2025 [Member]
Sep. 20, 2011
7.40% Notes and Debentures due November 2025 [Member]
Dec. 31, 2010
7.40% Notes and Debentures due November 2025 [Member]
Oct. 31, 2011
Interest Rate Swap [Member]
Sep. 30, 2011
Exelis [Member]
Sep. 30, 2011
Xylem [Member]
Debt Instrument [Line Items]                                    
Interest rate of variable rate debt                     0.07%0.19%             
Weighted average interest rate of other debt instruments                       3.73%4.86%           
Public offering price as percentage of principal amount          99.809%  99.824%  99.935%  99.762%                
Redemption price of Notes      $ 1,098                  $ 1,235          
Debt instrument par value per share      $ 1,000                  $ 1,000          
Maximum amount under cash tender offer to purchase debentures                               $ 100    
Principal amount of debenture tendered                               88    
Remaining amount on 2025 notes                             162      
Cash and US Treasury securities deposited in a trust account                              6     
Aggregate purchase price in a trust account    263                               
Loss on extinguishment of defeasance of tender offer                              107     
Loss on early extinguishment of debt325 (3)(3)                             3  
Loss on matured contracts                                 5  
Loss on extinguishment of Tender Offer                            51       
Capitalized debt issuance costs                                  69
Fair value of total debt, excluding the deferred gain on interest rate swaps 3,3603,3603,360 1,483 534538611 0254 0604 0406 0114011 572553338   311   
Debt (Textual) [Abstract]                                    
Debt issuance costs   15                                
Principal payments required in year one 000                                
Principal payments required in year two 222                                
Principal payments required in year three 500500500                                
Principal payments required in year four 000                                
Principal payments required in year five 850850850                                
Principal payments required after five years 1,7541,7541,754                                
Current maturities of long-term debt 1,2511,2511,251 10                              
Equivalent percentage price of the principal amount to be paid in case of change in control triggering event   101.00%                                
Period during the exchange offer is to be completed   365 days                                
Annual interest rate on the Exelis and Xylem notes   0.25%                                
Period during which the registration default continues   90 days                                
Maximum additional interest rate for the registration default annually   1.00%                                
Payment related to capital lease obligation 66                                  
Leased property amount  5                                 
Transformation costs due to termination of capital lease  5                                 
Loss on early extinguishment of debt167                                   
Aggregate notional amount of the four contracts 350350350                                
Gain from change in fair value of the contracts   $ 2