Fair Value Measurements (Tables)

3 Months Ended

Mar. 31, 2017

Fair Value Disclosures [Abstract]

Information About Assets and Liabilities Recorded at Fair Value

The following table presents information about assets and liabilities recorded at fair value on the Consolidated Balance Sheets at March 31, 2017 and December 31, 2016:

	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)	2017		2016		2017		2016		2017		2016		2017		2016
Assets:
Investments	$	10	$	9	$	10	$	9	$	—	$	—	$	—	$	—
Foreign Exchange Contracts	13		41		—		—		13		41		—		—
Total Assets at Fair Value	$	23	$	50	$	10	$	9	$	13	$	41	$	—	$	—
Liabilities:
Foreign Exchange Contracts	$	15	$	18	$	—	$	—	$	15	$	18	$	—	$	—
Total Liabilities at Fair Value	$	15	$	18	$	—	$	—	$	15	$	18	$	—	$	—

Supplemental Fair Value Information About 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, 2017 and December 31, 2016.

	March 31,		December 31,
(In millions)	2017		2016
Fixed Rate Debt:
Carrying amount — liability	$	4,209	$	3,514
Fair value — liability	4,359		3,669
Variable Rate Debt:
Carrying amount — liability	$	1,468	$	1,679
Fair value — liability	1,469		1,678