Accounting Policies (Tables)

6 Months Ended

Jun. 30, 2018

Accounting Policies [Abstract]

Schedule of New Accounting Pronouncements and Changes in Accounting Principles

The impact of the adoption of the standards update on our Consolidated Balance Sheet as of June 30, 2018 was as follows:

	As of June 30, 2018
			Balances
(In millions)	As Reported		Without Adoption		Effect of Change
Accounts Receivable	$	2,388	$	2,380	$	8
Prepaid Expenses and Other Current Assets	265		255		10
Deferred Income Taxes — Asset	2,035		2,036		(1		)
Accounts Payable — Trade	2,880		2,875		5
Other Current Liabilities	821		811		10
Retained Earnings	6,208		6,206		2

The cumulative effect of the changes made to our January 1, 2018 balance sheet for the adoption of the standards update was as follows:

	Balance at		Adjustment for			Balance at
(In millions)	December 31, 2017		New Standard			January 1, 2018
Accounts Receivable	$	2,025	$	3		$	2,028
Prepaid Expenses and Other Current Assets	224		7			231
Deferred Income Taxes — Asset	2,008		1			2,009
Accounts Payable — Trade	2,807		7			2,814
Other Current Liabilities	1,026		7			1,033
Retained Earnings	6,044		(3		)	6,041

Schedule of Cash, Cash Equivalents and Restricted Cash

The following table provides a reconciliation of Cash, Cash Equivalents and Restricted Cash as reported within the Consolidated Statements of Cash Flows:

	June 30,
(In millions)	2018		2017
Cash and Cash Equivalents	$	975	$	903
Restricted Cash	75		66
Total Cash, Cash Equivalents and Restricted Cash	$	1,050	$	969

Restrictions on Cash, Cash Equivalents and Restricted Cash

The following table provides a reconciliation of Cash, Cash Equivalents and Restricted Cash as reported within the Consolidated Statements of Cash Flows:

	June 30,
(In millions)	2018		2017
Cash and Cash Equivalents	$	975	$	903
Restricted Cash	75		66
Total Cash, Cash Equivalents and Restricted Cash	$	1,050	$	969