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Accumulated Other Comprehensive Loss
6 Months Ended
Jun. 30, 2016
Equity [Abstract]  
Accumulated Other Comprehensive Loss
Accumulated Other Comprehensive Loss
Changes in accumulated other comprehensive loss by component, net of income taxes, consisted of the following:
(In millions)
Cash Flow
Hedges
 
Foreign
Currency
Translation
 
Other
 
Total
Balance at December 31, 2015
$
(31
)
 
$
(41
)
 
$
(2
)
 
$
(74
)
Other comprehensive loss before reclassifications

 
(3
)
 

 
(3
)
Amounts reclassified from accumulated other comprehensive loss
3

 

 

 
3

Net current-period other comprehensive (loss) income
3

 
(3
)
 

 

Balance at June 30, 2016
$
(28
)
 
$
(44
)
 
$
(2
)
 
$
(74
)
(In millions)
Cash Flow
Hedges
 
Foreign
Currency
Translation
 
Other
 
Total
Balance at December 31, 2014
$
(41
)
 
$
(20
)
 
$
(2
)
 
$
(63
)
Other comprehensive loss before reclassifications

 
(10
)
 

 
(10
)
Amounts reclassified from accumulated other comprehensive loss
7

 

 

 
7

Net current-period other comprehensive (loss) income
7

 
(10
)
 

 
(3
)
Balance at June 30, 2015
$
(34
)
 
$
(30
)
 
$
(2
)
 
$
(66
)

Based on the amounts recorded in accumulated other comprehensive loss at June 30, 2016, the Company estimates that it will recognize approximately $12 million in interest expense during the next twelve months related to settled interest rate hedge contracts.
The Company has entered into foreign currency forward exchange contracts, which have been designated as cash flow hedges, to hedge foreign currency exposure to the Indian Rupee. As of June 30, 2016, the notional amount of these derivatives was approximately $71 million, and the fair value was nominal. As of December 31, 2015, the notional amount of these derivatives was approximately $85 million, and the fair value totaling approximately $1 million is reported in accounts payable and accrued expenses in the consolidated balance sheet.