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Derivative Instruments and Hedging Activities (Tables)
 9 Months Ended
Sep. 30, 2017
Derivative Instruments and Hedging Activities Disclosure [Abstract]  
Schedule of pre-tax (losses) gains included in the Company's condensed consolidated statements of operations
The pre-tax gains (losses) included in our condensed consolidated statements of operations are as follows, in millions:
 
Three Months Ended September 30,
 
Nine Months Ended September 30,
 
2017
 
2016
 
2017
 
2016
Foreign currency contracts:
 

 
 

 
 

 
 

Exchange contracts
$
(1
)
 
$
—

 
$
(1
)
 
$
—

Forward contracts
1

 
—

 
1

 
—

Metals contracts
—

 
1

 
—

 
5

Interest rate swaps
—

 
—

 
(3
)
 
(1
)
Total gain (loss)
$
—

 
$
1

 
$
(3
)
 
$
4
Schedule of notional amounts being hedged and the fair value of derivative instruments
The notional amounts being hedged and the fair value of those derivative instruments are as follows, in millions:
 
At September 30, 2017
 
Notional
Amount
 
Balance Sheet
Foreign currency contracts:
 

 
 

Exchange contracts
$
2

 
 

Accrued liabilities
 

 
$
—

Forward contracts
4

 
 

Receivables
 

 
—


 
At December 31, 2016
 
Notional
Amount
 
Balance Sheet
Foreign currency contracts:
 

 
 

Forward contracts
$
21

 
 

Accrued liabilities
 

 
$
(2
)
Metals contracts
1

 
 

Accrued liabilities
 

 
—