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Fair Value of Financial Investments and Liabilities (Tables)

3 Months Ended

Mar. 31, 2013

Fair Value Disclosures [Abstract]

Financial Investments Included in Other Assets

Financial investments included in other assets were as follows, in millions:

		March 31, 2013				December 31, 2012
Auction rate securities		$	22			$	22
Total recurring investments			22				22
Private equity funds			67				69
Other investments			4				4
Total non-recurring investments			71				73
Total		$	93			$	95

Company's Investments in Available-for-Sale Securities

The Company’s investments in available-for-sale securities at March 31, 2013 and December 31, 2012 were as follows, in millions:

						Pre-tax
		Cost Basis				Unrealized Gains				Unrealized Losses				Recorded Basis
March 31, 2013		$	19			$	3			$	—			$	22
December 31, 2012		$	19			$	3			$	—			$	22

Recurring Fair Value Measurements

Financial investments measured at fair value on a recurring basis at each reporting period and the amounts for each level within the fair value hierarchy were as follows, in millions:

						Fair Value Measurements Using
		Mar. 31, 2013				Quoted Market Prices (Level 1)				Significant Other Observable Inputs (Level 2)				Significant Unobservable Inputs (Level 3)
Auction rate securities		$	22				—				—			$	22
Total		$	22			$	—			$	—			$	22

						Fair Value Measurements Using
		Dec. 31, 2012				Quoted Market Prices (Level 1)				Significant Other Observable Inputs (Level 2)				Significant Unobservable Inputs (Level 3)
Auction rate securities		$	22			$	—			$	—			$	22
Total		$	22			$	—			$	—			$	22

Changes in Level 3 Financial Assets Measured at Fair Value on Recurring Basis

The following table summarizes the changes in Level 3 financial assets measured at fair value on a recurring basis for the three months ended March 31, 2013 and the year ended December 31, 2012, in millions:

		March 31, 2013 Auction Rate Securities				December 31, 2012 Auction Rate Securities
Fair value at beginning of period		$	22			$	22
Total losses included in earnings			—				—
Unrealized (losses)			—				—
Purchases			—				—
Settlements			—				—
Transfer from Level 3 to Level 2			—				—
Fair value at period end		$	22			$	22

Income from Financial Investments Net, Included in Other, Net, Within Other Income (Expense), Net

Income from financial investments net, included in other, net, within other income (expense), net, was as follows, in millions:

		Three Months Ended March  31,
		2013				2012
Realized gains from private equity funds		$	3			$	16
Total income from financial investments		$	3			$	16

X

- Definition

Tabular disclosure of available-for-sale securities which includes, but is not limited to, changes in the cost basis and fair value, fair value and gross unrealized gain (loss), fair values by type of security, contractual maturity and classification, amortized cost basis, contracts to acquire securities to be accounted for as available-for-sale, debt maturities, transfers to trading, change in net unrealized holding gain (loss) net of tax, continuous unrealized loss position fair value, aggregate losses qualitative disclosures, other than temporary impairment (OTTI) losses or other disclosures related to available for sale securities.

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