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Stockholders' Equity
 6 Months Ended
Jun. 30, 2014
Equity [Abstract]  
Stockholders' Equity
Stockholders’ Equity

Share Repurchases

In August 2013, the Company obtained Board approval to repurchase up to $200 million of its common stock. In April 2014, the Company’s Board authorized a $235 million increase to the share repurchase program. During the six months ended June 30, 2014, the Company repurchased approximately 2,977,000 shares of common stock at a cost of approximately $150 million under the program. The Company did not repurchase any of its common stock during the six months ended June 30, 2013.

Accumulated Other Comprehensive Income

The components of accumulated other comprehensive income were as follows: 
 
 
Currency
Translation
Adjustments(a)
 
Net Unrealized
Gains (Losses)
on Cash Flow
Hedges(b)
 
Net Unrealized
Gains (Losses) on
Available-for
Sale Securities(a)
 
Minimum
Pension
Liability
Adjustment(a)
 
Accumulated
Other
Comprehensive
Income
Balance, January 1, 2014
$
166

 
$
1

 
$
2

 
$
(52
)
 
$
117

Net current-period other comprehensive income (loss)
8

 
(2
)
 
1

 
1

 
8

Balance, June 30, 2014
$
174

 
$
(1
)
 
$
3

 
$
(51
)
 
$
125

 
 
 
 
 
 
 
 
 
 
 
Balance, January 1, 2013
$
193

 
$
—

 
$
2

 
$
(85
)
 
$
110

Net current-period other comprehensive income (loss)
(60
)
 
1

 
(1
)
 
—

 
(60
)
Balance, June 30, 2013
$
133

 
$
1

 
$
1

 
$
(85
)
 
$
50

__________
All components of accumulated other comprehensive income are net of tax, except currency translation adjustments, which exclude income taxes related to indefinite investments in foreign subsidiaries and include a $9 million loss, net of tax, related to the Company's hedge of its net investment in Euro-denominated foreign operations (See Note 14 - Financial Instruments).
(a) 
For the three and six months ended June 30, 2014 and 2013, amounts reclassified from accumulated other comprehensive income were not material.
(b) 
For the three and six months ended June 30, 2014, amounts reclassified from accumulated other comprehensive income were $2 million ($1 million, net of tax) and $4 million ($2 million, net of tax), respectively. For the three and six months ended June 30, 2013, amounts reclassified from accumulated other comprehensive income were not material.

Total Comprehensive Income

Comprehensive income consists of net income and other gains and losses affecting stockholders’ equity that, under GAAP, are excluded from net income.

The components of other comprehensive income (loss) were as follows: 
 

Three Months Ended 
 June 30,

Six Months Ended 
 June 30,
 

2014

2013

2014

2013
Net income (loss)
$
26

 
$
(28
)
 
$
30

 
$
(74
)
Other comprehensive income (loss):
 
 
 
 
 
 
 

Currency translation adjustments
5

 
(37
)
 
8

 
(60
)

Net unrealized gain (loss) on available-for-sale securities
2

 
(1
)
 
1

 
(1
)

Net unrealized gain (loss) on cash flow hedges
(3
)
 
1

 
(2
)
 
1


Minimum pension liability adjustment
1

 
—

 
1

 
—

 
 
5

 
(37
)
 
8

 
(60
)
Total comprehensive income (loss)
$
31

 
$
(65
)
 
$
38

 
$
(134
)

__________
All components of other comprehensive income are net of tax, except currency translation adjustments, which exclude income taxes related to indefinite investments in foreign subsidiaries. The related taxes on all other components are not material for any period presented.