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Financial Instruments (Tables)
12 Months Ended
Dec. 31, 2013
Derivative Instruments And Hedging Activities Disclosure [Abstract]  
Schedule of Interest Rate Swap Agreements Designated as Cash Flow Hedges

The following table sets forth our interest rate swap agreements, which have been designated as cash flow hedges, at December 31, 2013 (dollars in millions):

 

     Notional
Amount
     Maturity Date      Fair
Value
 

Pay-fixed interest rate swaps

   $ 500         December 2014       $ (5

Pay-fixed interest rate swaps

     3,000         December 2016         (248

Pay-fixed interest rate swaps

     1,000         December 2017         (42
Effect of Interest Rate on Results of Operations

The following tables present the effect of our interest rate and cross currency swaps on our results of operations for the year ended December 31, 2013 (dollars in millions):

 

Derivatives in Cash Flow Hedging Relationships

   Amount of Gain
Recognized in OCI on
Derivatives, Net of  Tax
     Location of Loss
Reclassified from
Accumulated OCI
into Operations
     Amount of Loss
Reclassified from
Accumulated OCI
into Operations
 

Interest rate swaps

   $ 2         Interest expense       $ 131   
Effect of Interest Cross Currency Swaps on Results of Operations

The following tables present the effect of our interest rate and cross currency swaps on our results of operations for the year ended December 31, 2013 (dollars in millions):

Derivatives Not Designated as Hedging Instruments

   Location of Gain
Recognized in
Operations on
Derivatives
     Amount of Gain
Recognized in
Operations on
Derivatives
 

Cross currency swap (matured November 2013)

     Other operating expenses       $ 13