Accumulated Other Comprehensive Income/(Loss) (Tables)

3 Months Ended

Mar. 31, 2015

Accumulated Other Comprehensive Income (Loss), Net of Tax [Abstract]

Schedule of Accumulated other comprehensive income/(loss)

Changes in Accumulated other comprehensive income/(loss), net of tax, included in the Consolidated Statements of Changes in Stockholder's Equity, consisted of the following:

(Millions of dollars)	Foreign currency translation			Derivative financial instruments			Total
Three Months Ended March 31, 2014
Balance at December 31, 2013	$	122		$	(5	)	$	117
Other comprehensive income/(loss) before reclassifications	5			(2		)	3
Amounts reclassified from accumulated other comprehensive income/(loss)	—			1			1
Other comprehensive income/(loss)	5			(1		)	4
Balance at March 31, 2014	$	127		$	(6	)	$	121
Three Months Ended March 31, 2015
Balance at December 31, 2014	$	(359	)	$	(5	)	$	(364	)
Other comprehensive income/(loss) before reclassifications	(401		)	1			(400		)
Amounts reclassified from accumulated other comprehensive income/(loss)	—			1			1
Other comprehensive income/(loss)	(401		)	2			(399		)
Balance at March 31, 2015	$	(760	)	$	(3	)	$	(763	)

Reclassifications out of Accumulated other comprehensive income/(loss)

The effect of the reclassifications out of Accumulated other comprehensive income/(loss) on the Consolidated Statements of Profit was as follows:

(Millions of dollars)		Three Months Ended March 31,
	Classification of income (expense)	2015			2014
Foreign exchange contracts	Other income (expense)	$	—		$	—
Interest rate contracts	Interest expense	(1		)	(1		)
Reclassifications before tax		(1		)	(1		)
Tax (provision) benefit		—			—
Total reclassifications from Accumulated other comprehensive income/(loss)		$	(1	)	$	(1	)