Assets and Liabilities Measured at Fair Value (Details) € in Millions, $ in Millions |
Dec. 31, 2015
USD ($)
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Dec. 31, 2015
EUR (€)
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Dec. 31, 2014
USD ($)
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Mar. 01, 2013
USD ($)
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Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] | ||||
Derivative, notional amount | $ 3,100 | |||
Designated as Hedging Instrument | Net Investment Hedging | Foreign Exchange Contract | ||||
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] | ||||
Derivative, notional amount | $ 547 | € 500 | ||
Recurring | ||||
Current assets: | ||||
Cash equivalents | 218 | $ 245 | ||
Net investment hedge | 3 | |||
Long-term liabilities: | ||||
Debt (note 8) | 5,189 | 4,626 | ||
Recurring | Level 1 | ||||
Current assets: | ||||
Cash equivalents | 218 | 245 | ||
Recurring | Level 2 | ||||
Current assets: | ||||
Net investment hedge | 3 | |||
Long-term liabilities: | ||||
Debt (note 8) | $ 5,189 | $ 4,626 |
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- Definition Aggregate notional amount specified by the derivative(s). Expressed as an absolute value. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition Current Assets, Fair Value Disclosure [Abstract] No definition available.
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- Definition Long-term Liabilities, Fair Value Disclosure [Abstract] No definition available.
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- Definition Fair value portion of currency on hand as well as demand deposits with banks or financial institutions. Includes other kinds of accounts that have the general characteristics of demand deposits. Also includes short-term, highly liquid investments that are both readily convertible to known amounts of cash and so near their maturity that they present insignificant risk of changes in value because of changes in interest rates. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition Fair value, after the effects of master netting arrangements, of a financial asset or other contract with one or more underlyings, notional amount or payment provision or both, and the contract can be net settled by means outside the contract or delivery of an asset. Includes assets not subject to a master netting arrangement and not elected to be offset. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table. No definition available.
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- Definition The fair value amount of long-term debt whether such amount is presented as a separate caption or as a parenthetical disclosure. Additionally, this element may be used in connection with the fair value disclosures required in the footnote disclosures to the financial statements. The element may be used in both the balance sheet and disclosure in the same submission. No definition available.
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