Accumulated Other Comprehensive Income/(Loss) (Tables)

9 Months Ended

Sep. 30, 2016

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			Available-for- sale securities			Total
Three Months Ended September 30, 2015
Balance at June 30, 2015	$	(626	)	$	(2	)	$	—		$	(628	)
Other comprehensive income/(loss) before reclassifications	(200		)	(1		)	—			(201		)
Amounts reclassified from accumulated other comprehensive (income)/loss	—			1			—			1
Other comprehensive income/(loss)	(200		)	—			—			(200		)
Balance at September 30, 2015	$	(826	)	$	(2	)	$	—		$	(828	)
Three Months Ended September 30, 2016
Balance at June 30, 2016	$	(790	)	$	1		$	(2	)	$	(791	)
Other comprehensive income/(loss) before reclassifications	(5		)	(10		)	1			(14		)
Amounts reclassified from accumulated other comprehensive (income)/loss	—			7			—			7
Other comprehensive income/(loss)	(5		)	(3		)	1			(7		)
Balance at September 30, 2016	$	(795	)	$	(2	)	$	(1	)	$	(798	)
Nine Months Ended September 30, 2015
Balance at December 31, 2014	$	(359	)	$	(5	)	$	—		$	(364	)
Other comprehensive income/(loss) before reclassifications	(467		)	—			—			(467		)
Amounts reclassified from accumulated other comprehensive (income)/loss	—			3			—			3
Other comprehensive income/(loss)	(467		)	3			—			(464		)
Balance at September 30, 2015	$	(826	)	$	(2	)	$	—		$	(828	)
Nine Months Ended September 30, 2016
Balance at December 31, 2015	$	(897	)	$	—		$	—		$	(897	)
Other comprehensive income/(loss) before reclassifications	102			(15		)	(1		)	86
Amounts reclassified from accumulated other comprehensive (income)/loss	—			13			—			13
Other comprehensive income/(loss)	102			(2		)	(1		)	99
Balance at September 30, 2016	$	(795	)	$	(2	)	$	(1	)	$	(798	)

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 September 30,						Nine Months Ended September 30,
	Classification of income (expense)	2016			2015			2016			2015
Cross currency contracts	Other income (expense)	$	(10	)	$	—		$	(16	)	$	—
Interest rate contracts	Interest expense	—			(1		)	(3		)	(4		)
Reclassifications before tax		(10		)	(1		)	(19		)	(4		)
Tax (provision) benefit		3			—			6			1
Total reclassifications from Accumulated other comprehensive income/(loss)		$	(7	)	$	(1	)	$	(13	)	$	(3	)