Financial Instruments (Tables)

9 Months Ended

Sep. 30, 2012

Derivative Instruments and Hedging Activities Disclosure [Abstract]

Forward Foreign Exchange Contracts

The following is a summary of the primary hedging positions and corresponding fair values as of September 30, 2012:

Currency Hedged (Buy/Sell)	Gross Notional Value		Fair  Value Asset (Liability)(1)
Euro/U.K. Pound Sterling	$	627	$	(5	)
Japanese Yen/U.S. Dollar	474		9
Japanese Yen/Euro	456		5
U.S. Dollar/Euro	440		2
Canadian Dollar/Euro	177		1
U.K. Pound Sterling/Euro	168		—
Mexican Peso/U.S. Dollar	69		2
Indian Rupee/U.S. Dollar	62		2
Euro/Japanese Yen	51		—
Euro/Swiss Franc	48		—
Philippine Peso/U.S. Dollar	47		1
U.K. Pound Sterling/U.S. Dollar	43		—
U.S. Dollar/Japanese Yen	41		—
Euro/U.S. Dollar	37		—
All Other	240		—
Total Foreign Exchange Hedging	$	2,980	$	17

_____________________________

(1) Represents the net receivable (payable) amount included in the Condensed Consolidated Balance Sheet at September 30, 2012.

Summary of Derivative Instruments Fair Value

The following table provides a summary of the fair value amounts of our derivative instruments:

Designation of Derivatives	Balance Sheet Location	September 30, 2012			December 31, 2011
Derivatives Designated as Hedging Instruments
Foreign exchange contracts – forwards	Other current assets	$	21		$	37
	Other current liabilities	(2		)	(11		)
	Net Designated Asset	$	19		$	26
Derivatives NOT Designated as Hedging Instruments
Foreign exchange contracts – forwards	Other current assets	$	7		$	21
	Other current liabilities	(9		)	(20		)
	Net Undesignated Liability	$	(2	)	$	1
Summary of Derivatives	Total Derivative Assets	$	28		$	58
	Total Derivative Liabilities	(11		)	(31		)
	Net Derivative Asset	$	17		$	27

Summary of Fair Value Hedges Gains (Losses)

Derivatives in Fair Value Relationships	Location of Gain (Loss) Recognized in Income	Derivative Gain (Loss) Recognized in Income Nine Months Ended September 30,				Hedged Item Gain (Loss) Recognized in Income Nine Months Ended September 30,
		2012		2011		2012		2011
Interest rate contracts	Interest expense	$	—	$	16	$	—	$	(16	)

Summary of Cash Flow Hedges Gains (Losses)

Derivatives in Cash Flow Hedging Relationships	Derivative Gain (Loss) Recognized in OCI (Effective Portion) Three Months Ended September 30,				Location of Derivative Gain (Loss) Reclassified from AOCI into Income (Effective Portion)	Gain (Loss) Reclassified from AOCI to Income (Effective Portion) Three Months Ended September 30,
	2012		2011			2012		2011
Foreign exchange contracts – forwards	$	8	$	43	Cost of sales	$	8	$	4
Derivatives in Cash Flow Hedging Relationships	Derivative Gain (Loss) Recognized in OCI (Effective Portion) Nine Months Ended September 30,				Location of Derivative Gain (Loss) Reclassified from AOCI into Income (Effective Portion)	Gain (Loss) Reclassified from AOCI to Income (Effective Portion) Nine Months Ended September 30,
	2012		2011			2012		2011
Foreign exchange contracts – forwards	$	16	19		Cost of sales	$	29	—

Summary of Derivatives Not Designated as Hedging Instruments Gains (Losses)

The following table provides a summary of gains (losses) on non-designated derivative instruments:

Derivatives NOT Designated as Hedging Instruments		Three Months Ended September 30,					Nine Months Ended September 30,
	Location of Derivative Gain (Loss)	2012			2011		2012			2011
Foreign exchange contracts – forwards	Other expense – Currency gains (losses), net	$	(6	)	$	19	$	(1	)	$	3