Summary of Significant Accounting Policies (Tables)

12 Months Ended

Dec. 31, 2017

History of Remeasurement Losses, Deconsolidation Loss and Historical Operating Results and Financial Position of Venezuelan Subsidiaries

The following table sets forth the 2015 remeasurement losses, the deconsolidation loss and historical operating results and financial position of our Venezuelan subsidiaries for the period presented:


	For the Year Ended December 31, 2015
	(in millions)

Net revenues	$	1,217
Operating income (excluding remeasurement and deconsolidation loss)		266
Remeasurement loss in Q1 2015: 11.50 to 12.00 bolivars to the U.S. dollar		(11	)
Loss on deconsolidation		(778	)

	As of December 31, 2015 ⁽¹⁾
	(in millions)

Cash	$	611
Net monetary assets		405
Net assets		658

(1)

Represents the financial position of our Venezuelan subsidiaries on December 31, 2015 prior to deconsolidation.