Financing Arrangements and Derivative Financial Instruments (Tables)

3 Months Ended

Mar. 31, 2015

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:

	March 31,			December 31,
(In millions)	2015			2014
Notes payable and overdrafts	$	23		$	30
Weighted average interest rate	8.11		%	10.63		%
Long term debt and capital leases due within one year
Other domestic and foreign debt (including capital leases)	$	238		$	148
Weighted average interest rate	6.00		%	7.75		%
Total obligations due within one year	$	261		$	178

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:

	March 31, 2015					December 31, 2014
				Interest					Interest
(In millions)	Amount			Rate		Amount			Rate
Notes:
6.75% Euro Notes due 2019	$	269				$	303
8.25% due 2020	996					996
8.75% due 2020	270					269
6.5% due 2021	900					900
7% due 2022	700					700
7% due 2028	150					150
Credit Facilities:
$2.0 billion first lien revolving credit facility due 2017	—			—		—			—
$1.2 billion second lien term loan facility due 2019	996			4.75	%	1,196			4.75	%
€400 million revolving credit facility due 2016	194			2.49	%	—			—
Pan-European accounts receivable facility	255			1.56	%	343			1.54	%
Chinese credit facilities	533			5.65	%	535			5.65	%
Other foreign and domestic debt(1)	886			8.75	%	913			8.70	%
	6,149					6,305
Capital lease obligations	54					59
	6,203					6,364
Less portion due within one year	(238		)			(148		)
	$	5,965				$	6,216

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(1) Interest rates are weighted average interest rates related to various foreign credit facilities with customary terms and conditions and domestic debt related to our Global and North America Headquarters.

Schedule of Other Derivatives Not Designated as Hedging Instruments, Statements of Financial Performance and Financial Position, Location [Table Text Block]

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

	March 31,			December 31,
(In millions)	2015			2014
Fair Values — asset (liability):
Accounts receivable	$	34		$	20
Other current liabilities	(8		)	(4		)

Schedule of Cash Flow Hedging Instruments, Statements of Financial Performance and Financial Position, Location

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

	March 31,		December 31,
(In millions)	2015		2014
Fair Values — asset (liability):
Accounts receivable	$	16	$	10

Derivative Instruments, Gain (Loss)

The following table presents information related to foreign currency contracts designated as cash flow hedging instruments (before tax and minority):

	Three Months Ended
	March 31,
(In millions) (Income) Expense	2015			2014
Amounts deferred to Accumulated Other Comprehensive Loss ("AOCL")	$	(15	)	$	2
Amount of deferred (gain) loss reclassified from AOCL into CGS	(5		)	1