Derivative Instruments and Hedging Activities (Tables)

9 Months Ended

Sep. 30, 2013

Derivative Instruments And Hedging Activities Disclosure [Abstract]

Pre-Tax (Loss) Gain

The pre-tax (loss) gain included in the Company’s consolidated statements of operations is as follows, in millions:

	Three Months Ended September 30,						Nine Months Ended September 30,
	2013			2012			2013			2012
Foreign Currency Contracts
Exchange Contracts	$	(4	)	$	(4	)	$	3		$	—
Forward Contracts		(1	)		(1	)		1			(2	)
Metal Contracts		3			2			(6	)		3
Total (loss) gain	$	(2	)	$	(3	)	$	(2	)	$	1

Fair Value of Derivative Instruments Presented on Gross Basis

The notional amounts being hedged and the fair value of those derivative instruments, on a gross basis, are as follows, in millions:

	At September 30, 2013
	Notional
	Amount		Assets		Liabilities
Foreign Currency Contracts
Exchange Contracts	$	95
Current assets			$	1		—
Current liabilities				—	$	2
Forward Contracts		65
Current assets				1		—
Current liabilities				—		1
Metal Contracts		35
Current liabilities				—		4
Total			$	2	$	7
	At December 31, 2012
	Notional
	Amount		Assets		Liabilities
Foreign Currency Contracts
Exchange Contracts	$	172
Current liabilities			$	—	$	5
Forward Contracts		76
Current assets				1		1
Metal Contracts		35
Current liabilities				1		2
Total			$	2	$	8