Fair Value Measurements (Tables)

9 Months Ended

Sep. 30, 2018

Fair Value Disclosures [Abstract]

Fair Value of Assets and Liabilities Measured on Recurring Basis

The following tables summarize the bases used to measure certain assets and liabilities at fair value on a recurring basis:

September 30, 2018	Significant Other Observable Inputs (Level 2)
(In millions)
Assets at fair value:
Cash equivalents and restricted cash equivalents1	$	2,641
Marketable securities	264
Derivatives relating to:2
Foreign currency	55
Total assets at fair value	$	2,960
Liabilities at fair value:
Long-term debt	$	10,388
Derivatives relating to:2
Foreign currency	54
Total liabilities at fair value	$	10,442

1. Time deposits included in cash and cash equivalents and money market funds included in other current assets in the interim Condensed Consolidated Balance Sheets are held at amortized cost, which approximates fair value.

2. See Note 17 for the classification of derivatives in the interim Condensed Consolidated Balance Sheets.

December 31, 2017	Significant Other Observable Inputs (Level 2)
(In millions)
Assets at fair value:
Cash equivalents and restricted cash equivalents1	$	5,205
Marketable securities	952
Derivatives relating to:2
Foreign currency	46
Total assets at fair value	$	6,203
Liabilities at fair value:
Long-term debt	$	11,560
Derivatives relating to:2
Foreign currency	79
Total liabilities at fair value	$	11,639

1. Time deposits included in cash and cash equivalents and money market funds included in other current assets in the interim Condensed Consolidated Balance Sheets are held at amortized cost, which approximates fair value.

2. See Note 17 for the classification of derivatives in the interim Condensed Consolidated Balance Sheets.

Fair Value Measurements, Nonrecurring [Table Text Block]

Basis of Fair Value Measurements on a Nonrecurring Basis at September 30	Significant Other Unobservable Inputs (Level 3)		Total Losses
(In millions)
2018
Assets at fair value:
Investment in nonconsolidated affiliates	$	51	$	(41	)
Other intangible assets	$	450	$	(85	)