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Debt (Tables)
12 Months Ended
Dec. 31, 2011
Debt [Abstract]  
Debt
                     
     2011   2010

Short-term loans

    $ 2       $  

Current maturities of long-term debt and other

              10  

Short-term debt and current maturities of long-term debt

      2         10  

Non-current maturities of long-term debt

      4         1,256  

Non-current capital leases

              57  

Deferred gain on interest rate swaps

              45  

Unamortized discounts and debt issuance costs

              (8 )
Summary of outstanding debt
                               
        2010
     Interest
Rate
  Carrying
Value
  Fair
Value

MATURITY DATE:

                             

May 2014

      4.90 %     $ 500       $ 538  

May 2019

      6.125 %       500         553  

November 2025

      7.40 %       250         311  

August 2048

      (a )       1         1  

December 2011 – 2014

      4.70 %       66         69  

Various 2011 – 2022

      (b )       6         6  
                $ 1,323       $ 1,478  

 

(a) Variable rate debt with an interest rate of 0.19% as of December 31, 2010.

 

(b) Includes individually immaterial notes, bonds and capital leases. The weighted average interest rate was 4.86% at December 31, 2010.