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Financial Instruments (Tables)
 6 Months Ended
Jun. 30, 2015
Financial Instruments [Abstract]  
Schedule of Fair Value, Assets and Liabilities Measured on Recurring Basis
The following table summarizes the estimated fair value of financial instruments:
 
Fair Value of Financial Instruments
 
Asset Derivatives(1)
 
Liability Derivatives(1)
(In millions)
June 30,
2015
 
December 31,
2014
 
June 30,
2015
 
December 31,
2014
Interest rate caps
$
8

 
$
25

 
$
8

 
$
25

Foreign currency forward contracts
4

 
6

 
2

 
2

Total
$
12

 
$
31

 
$
10

 
$
27


(1)
All asset derivatives are recorded in "Prepaid expenses and other assets" and all liability derivatives are recorded in "Accrued liabilities" in the condensed consolidated balance sheets.
Derivative Instruments, Gain (Loss)
The following table summarizes the gains or (losses) on derivative instruments for the period indicated.
 
Location of Gain or (Loss) Recognized on Derivatives
 
Amount of Gain or (Loss) Recognized
on Derivatives

 
 
 
Three Months Ended
June 30,
(In millions)
 
 
2015
 
2014
Foreign currency forward contracts
Selling, general and administrative
 
$
(3
)
 
$
5


 
Location of Gain or (Loss) Recognized on Derivatives
 
Amount of Gain or (Loss) Recognized
on Derivatives
 
 
 
Six Months Ended
June 30,
(In millions)
 
 
2015
 
2014
Foreign currency forward contracts
Selling, general and administrative
 
$
(4
)
 
$
—