Fair Value of Financial Assets and Liabilities (Tables)

12 Months Ended

Dec. 31, 2014

Fair Value Disclosures [Abstract]

Schedule of Fair Value of Financial Assets and Liabilities

The following table represents assets and liabilities fair value measured on a recurring basis. The basis for the measurement at fair value in all cases is Level 2 – Significant Other Observable Inputs.

	As of December 31,
	2014		2013
Assets:
Foreign exchange contracts - forwards	$	20	$	6
Foreign currency options	2		—
Interest rate swaps	5		—
Deferred compensation investments in cash surrender life insurance	94		88
Deferred compensation investments in mutual funds	32		28
Total	$	153	$	122
Liabilities:
Foreign exchange contracts - forwards	$	58	$	70
Deferred compensation plan liabilities	135		125
Total	$	193	$	195

Schedule of Estimated Fair Values of Financial Assets and Liabilities Not Measured at Fair Value on a Recurring Basis

The estimated fair values of our other financial assets and liabilities fair value measured on a nonrecurring basis were as follows:

	December 31, 2014				December 31, 2013
	Carrying Amount		Fair Value		Carrying Amount		Fair Value
Cash and cash equivalents	$	1,411	$	1,411	$	1,764	$	1,764
Accounts receivable, net	2,652		2,652		2,929		2,929
Short-term debt	1,427		1,417		1,117		1,126
Long-term debt	6,314		6,719		6,904		7,307