Financing Arrangements and Derivative Financial Instruments (Tables)

9 Months Ended

Sep. 30, 2013

Financing Arrangements and Derivative Financial Instruments [Abstract]

Notes payable and overdrafts, long term debt and capital leases due with in one year and short term financing arrangements

The following table presents amounts due within one year:

	September 30,			December 31,
(In millions)	2013			2012
Notes payable and overdrafts	$	44		$	102
Weighted average interest rate	4.31		%	4.29		%
Long term debt and capital leases due within one year
Other domestic and international debt (including capital leases)	$	132		$	96
Weighted average interest rate	5.90		%	6.88		%
Total obligations due within one year	$	176		$	198

Long term debt and capital leases, net of unamortized discounts and interest rates

The following table presents long term debt and capital leases, net of unamortized discounts, and interest rates:

	September 30, 2013					December 31, 2012
				Interest					Interest
(In millions)	Amount			Rate		Amount			Rate
Notes:
6.75% Euro Notes due 2019	$	338				$	330
8.25% due 2020	995					994
8.75% due 2020	267					266
6.5% due 2021	900					—
7% due 2022	700					700
7% due 2028	149					149
Credit Facilities:
$2.0 billion first lien revolving credit facility due 2017	—			—		—			—
$1.2 billion second lien term loan facility due 2019	1,195			4.75	%	1,194			4.75	%
€400 million revolving credit facility due 2016	—			—		—			—
Pan-European accounts receivable facility due 2015	394			2.87	%	192			3.00	%
Chinese credit facilities	533			5.86	%	471			6.38	%
Other domestic and international debt(1)	962			7.83	%	630			8.40	%
	6,433					4,926
Capital lease obligations	65					58
	6,498					4,984
Less portion due within one year	(132		)			(96		)
	$	6,366				$	4,888

Schedule of foreign exchange contracts not designated as hedging instruments statement of financial position

The following table presents fair values for foreign currency contracts not designated as hedging instruments:

	September 30,			December 31,
(In millions)	2013			2012
Fair Values — asset (liability):
Accounts receivable	$	8		$	2
Other current liabilities	(24		)	(24		)

Schedule of foreign exchange contracts designated as cash flow hedging Instruments statement of financial position

The following table presents fair values for foreign currency contracts designated as cash flow hedging instruments:

	September 30,			December 31,
(In millions)	2013			2012
Fair Values — asset (liability):
Accounts receivable	$	2		$	—
Other current liabilities	(3		)	(5		)

Schedule of Derivative Instruments, (Gain) Loss in Statement of Financial Performance

The following table presents the classification of changes in fair values of foreign currency contracts designated as cash flow hedging instruments (before tax and minority):

	Three Months Ended					Nine Months Ended
	September 30,					September 30,
(In millions) (Income) Expense	2013		2012			2013			2012
Amounts deferred to Accumulated Other Comprehensive Loss ("AOCL")	$	5	$	4		$	(2	)	$	2
Amount of deferred (gain) loss reclassified from AOCL into CGS	1		(6		)	3			(10		)
Amounts excluded from effectiveness testing	—		(1		)	—			(1		)