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Financial Instruments (Tables)
 3 Months Ended
Mar. 31, 2016
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)
March 31,
2016
 
December 31,
2015
 
March 31,
2016
 
December 31,
2015
Interest rate caps
$
3

 
$
9

 
$
2

 
$
9

Foreign currency forward contracts
2

 
3

 
1

 
1

Total
$
5

 
$
12

 
$
3

 
$
10


(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 financial instruments for the period indicated.
 
Location of Gain or (Loss) Recognized on Derivatives
 
Amount of Gain or (Loss) Recognized
in Income on Derivatives
 
 
 
Three Months Ended
March 31,
(In millions)
 
 
2016
 
2015
Foreign currency forward contracts
Selling, general and administrative
 
$
3

 
$
(1
)