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Derivatives (Tables)
12 Months Ended
Dec. 31, 2013
Derivative Instruments and Hedging Activities Disclosure [Abstract]  
Derivatives as they appear on the Balance Sheet
The following tables present the gross fair values of derivative instruments, excluding cash collateral, and the reported net amounts along with where they appear on the consolidated balance sheets as of December 31, 2013 and 2012.
 
December 31, 2013
 
 
(In millions)
Asset
 
Liability
 
Net Asset
 
Balance Sheet Location
Fair Value Hedges
 
 
 
 
 
 
 
     Interest rate
$
8

 
$

 
$
8

 
Other noncurrent assets
     Foreign currency
2

 

 
2

 
Other current assets
Total Designated Hedges
$
10

 
$

 
$
10

 
 
 
December 31, 2013
 
 
(In millions)
Asset
 
Liability
 
Net Liability
 
Balance Sheet Location
Fair Value Hedges
 
 
 
 
 
 
 
     Foreign currency
$

 
$
4

 
$
4

 
Other current liabilities
Total Designated Hedges
$

 
$
4

 
$
4

 
 

 
December 31, 2012
 
 
(In millions)
Asset
 
Liability
 
Net Asset
 
Balance Sheet Location
Fair Value Hedges
 
 
 
 
 
 
 
     Interest rate
$
21

 
$

 
$
21

 
Other noncurrent assets
     Foreign currency
18

 

 
18

 
Other current assets
Total Designated Hedges
39

 

 
39

 
 
Not Designated as Hedges
 
 
 
 
 
 
 
     Commodity
52

 

 
52

 
Other current assets
Total Not Designated as Hedges
52

 

 
52

 
 
     Total
$
91

 
$

 
$
91

 
 
Schedule of Interest Rate Derivatives [Table Text Block]
The following table presents by maturity date, information about our interest rate swap agreements as of December 31, 2013, including the weighted average, London Interbank Offer Rate (“LIBOR”)-based, floating rate.
Maturity Dates
Aggregate Notional Amount (in millions)
Weighted Average, LIBOR-Based, Floating Rate
October 1, 2017
$
600

4.65
%
March 15, 2018
$
300

4.50
%
Effects of derivatives designated as fair value hedges
The pretax effect of derivative instruments designated as hedges of fair value in our consolidated statements of income are summarized in the table below. There is no ineffectiveness related to the fair value hedges.
 
 
Gain (Loss)
(In millions)
Income Statement Location
2013
 
2012
 
2011
Derivative
 
 
 
 
 
 
Interest rate
Net interest and other
$
(13
)
 
$
16

 
$
28

Interest rate
Loss on early extinguishment of debt

 

 
29

Foreign currency
Provision for income taxes
(44
)
 
(1
)
 

Hedged Item
 
 

 
 

 
 
Long-term debt
Net interest and other
$
13

 
$
(16
)
 
$
(28
)
Long-term debt
Loss on early extinguishment of debt

 

 
(29
)
Accrued taxes
Provision for income taxes
44

 
1