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Stockholders' Equity
 6 Months Ended
Jun. 30, 2015
Equity [Abstract]  
Stockholders' Equity
Stockholders’ Equity

Common stock — Our Board of Directors declared a quarterly cash dividend of six cents per share of common stock in the second quarter of 2015 and five cents per share of common stock in the first quarter of 2015. Dividends accrue on restricted stock units (RSUs) granted under our stock compensation program and will be paid in cash or additional units when the underlying units vest.

Share repurchase program — Our Board of Directors approved a share repurchase program of $1,400, expiring on December 31, 2015. Under the program, we spent $126 to repurchase 5,822,021 shares of our common stock during the first six months of 2015 through open market transactions. Approximately $185 remained available under the program for future share repurchases as of June 30, 2015.

Changes in equity —
 
 
2015
 
2014
Three Months Ended June 30,
 
Attributable to Parent
 
Attributable
to Non-
controlling Interests
 
Total
Equity
 
Attributable to Parent
 
Attributable
to Non-
controlling Interests
 
Total
Equity
Balance, March 31
 
$
991

 
$
106

 
$
1,097

 
$
1,272

 
$
105

 
$
1,377

Total comprehensive income
 
82

 
2

 
84

 
107

 
5

 
112

Preferred stock dividends
 


 


 
—

 
(2
)
 


 
(2
)
Common stock dividends
 
(10
)
 


 
(10
)
 
(9
)
 


 
(9
)
Distributions to noncontrolling interests
 


 
(5
)
 
(5
)
 


 
(6
)
 
(6
)
Common stock share repurchases
 
(63
)
 


 
(63
)
 
(49
)
 


 
(49
)
Stock compensation
 
6

 


 
6

 
4

 


 
4

Stock withheld for employee taxes
 


 


 
—

 
(1
)
 


 
(1
)
Balance, June 30
 
$
1,006

 
$
103

 
$
1,109

 
$
1,322

 
$
104

 
$
1,426

 
 
 
 
 
 
 
 
 
 
 
 
 
Six Months Ended June 30,
 
 

 
 

 
 

 
 

 
 

 
 

Balance, December 31
 
$
1,080

 
$
100

 
$
1,180

 
$
1,309

 
$
104

 
$
1,413

Total comprehensive income
 
62

 
14

 
76

 
136

 
7

 
143

Preferred stock dividends
 


 


 
—

 
(5
)
 


 
(5
)
Common stock dividends
 
(18
)
 


 
(18
)
 
(16
)
 


 
(16
)
Distributions to noncontrolling interests
 


 
(6
)
 
(6
)
 


 
(7
)
 
(7
)
Share conversion
 


 
 
 
—

 
3

 


 
3

Common stock share repurchases
 
(126
)
 


 
(126
)
 
(113
)
 


 
(113
)
Derecognition of noncontrolling interests
 
 
 
(5
)
 
(5
)
 
 
 
 
 
—

Stock compensation
 
10

 


 
10

 
10

 


 
10

Stock withheld for employee taxes
 
(2
)
 


 
(2
)
 
(2
)
 


 
(2
)
Balance, June 30
 
$
1,006

 
$
103

 
$
1,109

 
$
1,322

 
$
104

 
$
1,426



Changes in each component of accumulated other comprehensive income (AOCI) of the parent —
 
 
 
 
 
 
 
 
 
 
 
Parent Company Stockholders
 
Foreign Currency Translation
 
Hedging
 
Investments
 
Defined Benefit Plans
 
Accumulated Other Comprehensive Income (Loss)
Balance, March 31, 2015
$
(526
)
 
$
(10
)
 
$
6

 
$
(550
)
 
$
(1,080
)
Other comprehensive income (loss):
 
 
 
 
 
 
 
 
 
Currency translation adjustments
18

 
 
 
 
 
 
 
18

Holding loss on net investment hedge
(4
)
 
 
 
 
 
 
 
(4
)
Holding gains and losses
 
 
(3
)
 
(1
)
 
 
 
(4
)
Reclassification of amount to net income (a)
 
 
6

 

 
 
 
6

Reclassification adjustment for net actuarial losses included in net periodic benefit cost (b)
 
 
 
 
 
 
7

 
7

Other comprehensive income (loss)
14

 
3

 
(1
)
 
7

 
23

Balance, June 30, 2015
$
(512
)
 
$
(7
)
 
$
5

 
$
(543
)
 
$
(1,057
)
 
 
 
 
 
 
 
 
 
 
Balance, March 31, 2014
$
(254
)
 
$
—

 
$
3

 
$
(481
)
 
$
(732
)
Other comprehensive income:
 
 
 
 
 
 
 
 
 
Currency translation adjustments
14

 
 
 
 
 
 
 
14

Holding gains and losses
 
 
1

 
3

 
 
 
4

Reclassification adjustment for net actuarial losses included in net periodic benefit cost (b)
 
 
 
 
 
 
3

 
3

Other comprehensive income
14

 
1

 
3

 
3

 
21

Balance, June 30, 2014
$
(240
)
 
$
1

 
$
6

 
$
(478
)
 
$
(711
)
 
 
 
 
 
 
 
 
 
 

 
Parent Company Stockholders
 
Foreign Currency Translation
 
Hedging
 
Investments
 
Defined Benefit Plans
 
Accumulated Other Comprehensive Income (Loss)
Balance, December 31, 2014
$
(427
)
 
$
(9
)
 
$
5

 
$
(566
)
 
$
(997
)
Other comprehensive income (loss):
 
 
 
 
 
 
 
 
 
Currency translation adjustments
(83
)
 
 
 
 
 
 
 
(83
)
Holding loss on net investment hedge
(2
)
 
 
 
 
 
 
 
(2
)
Holding gains and losses
 
 
(9
)
 

 
 
 
(9
)
Reclassification of amount to net income (a)
 
 
11

 

 
 
 
11

Reclassification adjustment for net actuarial losses included in net periodic benefit cost (b)
 
 
 
 
 
 
13

 
13

Elimination of net prior service costs and actuarial losses of disposal group
 
 
 
 
 
 
10

 
10

Other comprehensive income (loss)
(85
)
 
2

 
—

 
23

 
(60
)
Balance, June 30, 2015
$
(512
)
 
$
(7
)
 
$
5

 
$
(543
)
 
$
(1,057
)
 
 
 
 
 
 
 
 
 
 
Balance, December 31, 2013
$
(242
)
 
$
—

 
$
3

 
$
(488
)
 
$
(727
)
Other comprehensive income (loss):
 
 
 
 
 
 
 
 
 
Currency translation adjustments
2

 
 
 
 
 
 
 
2

Holding gains and losses
 
 
1

 
5

 
 
 
6

Reclassification of amount to net income (a)
 
 

 
(2
)
 
 
 
(2
)
Venezuelan bolivar devaluation
 
 
 
 
 
 
3

 
3

Reclassification adjustment for net actuarial losses included in net periodic benefit cost (b)
 
 
 
 
 
 
8

 
8

Tax expense

 

 

 
(1
)
 
(1
)
Other comprehensive income
2

 
1

 
3

 
10

 
16

Balance, June 30, 2014
$
(240
)
 
$
1

 
$
6

 
$
(478
)
 
$
(711
)
(a) Foreign currency contract and investment reclassifications are included in other income, net.
(b) See Note 8 for additional details.

Upon completion of the divestiture of our operations in Venezuela in January 2015, we eliminated the unrecognized pension expense and the noncontrolling interest related to our former Venezuelan subsidiaries. See Note 2 for additional information regarding the disposal group held for sale at the end of 2014 and divested in January 2015.