Accounting Policies (Tables)

9 Months Ended

Sep. 30, 2013

Revision of Previously Issued Financial Statements

The following table presents the impact of the revisions on the Company’s previously issued consolidated balance sheets (in millions).


Balance Sheet December 31, 2012	As Reported		As Revised
Cash and cash investments	$	1,351	$	1,040
Short-term bank deposits		—		311
Total current assets	$	3,217	$	3,217

Balance Sheet December 31, 2011	As Reported		As Revised
Cash and cash investments	$	1,656	$	1,353
Short-term bank deposits		—		303
Total current assets	$	3,429	$	3,429

This revision had no effect on our consolidated results of operations.

The following table presents the impact of the revisions on the Company’s previously issued consolidated statement of cash flows (in millions).


Cash Flows December 31, 2012	As Reported			As Revised
Net cash (for) investing activities	$	(27	)	$	(29	)
Effect of exchange rate changes on cash and cash investments	$	17		$	11
Decrease in cash and cash investments	$	(305	)	$	(313	)

Cash Flows December 31, 2011	As Reported			As Revised
Net cash (for) investing activities	$	(61	)	$	(84	)
Effect of exchange rate changes on cash and cash investments	$	(18	)	$	(8	)
Decrease in cash and cash investments	$	(59	)	$	(72	)

Cash Flows December 31, 2010	As Reported			As Revised
Net cash (for) investing activities	$	(109	)	$	(244	)
Effect of exchange rate changes on cash and cash investments	$	(14	)	$	(7	)
Increase in cash and cash investments	$	302		$	174

The following table presents the impact of the revisions on the Company’s previously issued consolidated balance sheets and statements of cash flows (all cash flow figures are year-to-date, in millions).


	Mar. 31,			June 30,			Sep. 30,			Mar. 31,			June 30,
	2012			2012			2012			2013			2013
Cash and cash investments
As reported	$	1,788		$	1,853		$	1,166		$	1,032		$	1,223
As revised	$	1,491		$	1,612		$	889		$	828		$	1,028
Short-term bank deposits
As reported		—			—			—			—			—
As revised	$	297		$	241		$	277		$	204		$	195
Net cash (for) from investing activities
As reported	$	(2	)	$	(15	)	$	(42	)	$	(30	)	$	(51	)
As revised	$	10		$	37		$	(17	)	$	70		$	62

- Definition

Tabular disclosure of prior period adjustments to previously issued financial statements including (1) the effect of the correction on each financial statement line item and any per-share amounts affected for each prior period presented (2) the cumulative effect of the change on retained earnings or other appropriate components of equity or net assets in the statement of financial position, as of the beginning of the earliest period presented, and (3) the effect of the prior period adjustments (both gross and net of applicable income tax) on the net income of each prior period presented in the entity's annual report for the year in which the adjustments are made.

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