Fair Value Measurements (Tables)

3 Months Ended

Mar. 31, 2014

Fair Value Disclosures [Abstract]

Assets and Liabilities at fair value

The following table presents information about assets and liabilities recorded at fair value on the Consolidated Balance Sheets at March 31, 2014 and December 31, 2013:

	Total Carrying Value in the Consolidated Balance Sheet				Quoted Prices in Active Markets for Identical Assets/Liabilities (Level 1)				Significant Other Observable Inputs (Level 2)				Significant Unobservable Inputs (Level 3)
(In millions)	2014		2013		2014		2013		2014		2013		2014		2013
Assets:
Investments	$	48	$	53	$	48	$	53	$	—	$	—	$	—	$	—
Foreign Exchange Contracts	9		6		—		—		9		6		—		—
Total Assets at Fair Value	$	57	$	59	$	48	$	53	$	9	$	6	$	—	$	—
Liabilities:
Foreign Exchange Contracts	$	15	$	20	$	—	$	—	$	15	$	20	$	—	$	—
Total Liabilities at Fair Value	$	15	$	20	$	—	$	—	$	15	$	20	$	—	$	—

Fair Value of Long-term Fixed Rate and Variable Rate Debt excluding Capital Leases

The following table presents supplemental fair value information about long term fixed rate and variable rate debt, excluding capital leases, at March 31, 2014 and December 31, 2013. The fair value was estimated using quoted market prices.

	March 31,		December 31,
(In millions)	2014		2013
Fixed Rate Debt:
Carrying amount — liability	$	4,090	$	4,090
Fair value — liability	4,455		4,414
Variable Rate Debt:
Carrying amount — liability	$	2,944	$	2,083
Fair value — liability	2,938		2,095