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Derivative Financial Instruments (Tables)
9 Months Ended
Sep. 30, 2011
Derivative Financial Instruments [Abstract] 
Outstanding foreign currency forward contracts
The Company had the following outstanding foreign currency forward contracts that were entered into to hedge nonfunctional currency cash flows from forecasted revenues and costs (in millions):
                 
    Currency Denomination  
    September 30,     December 31,  
Foreign Currency   2011     2010  
British Pound Sterling
  £ 6     £ 4  
Danish Krone
  DKK 65     DKK 31  
Euro
  € 304     € 122  
Norwegian Krone
  NOK 5,527     NOK 4,983  
U.S. Dollar
  $ 389     $ 247  
Japanese Yen
  ¥ 122     ¥ -  
Singapore Dollar
  SGD 3     SGD -  
Swedish Krone
  SEK 2     SEK -  
The Company had the following outstanding foreign currency forward contracts that were entered into to hedge nonfunctional currency fair values of firm commitments of revenues and costs (in millions):
                 
    Currency Denomination  
    September 30,     December 31,  
Foreign Currency   2011     2010  
U.S. Dollar
  $ —     $ 1  
The Company had the following outstanding foreign currency forward contracts that hedge the fair value of nonfunctional currency monetary accounts (in millions):
                 
    Currency Denomination  
    September 30,     December 31,  
Foreign Currency   2011     2010  
British Pound Sterling
  £ 8     £ 8  
Danish Krone
  DKK 120     DKK 115  
Euro
  € 97     € 97  
Norwegian Krone
  NOK 1,544     NOK 1,442  
U.S. Dollar
  $ 561     $ 328  
Swedish Krone
  SEK 19     SEK —  
Russian Ruble
  RUB 683     RUB 780  
Brazilian Real
  BRL —     BRL —  
Japanese Yen
  ¥ 351     ¥ —  
Singapore Dollar
  SGD 4     SGD —  
Derivative Instruments and their Balance Sheet Classifications
The Company has the following fair values of its derivative instruments and their balance sheet classifications (in millions):
                                                 
    Asset Derivatives     Liability Derivatives  
            Fair Value             Fair Value  
    Balance Sheet     September 30,     December 31,     Balance Sheet     September 30,     December 31,  
    Location     2011     2010     Location     2011     2010  
Derivatives designated as hedging instruments under ASC Topic 815
                                               
 
                                               
Foreign exchange contracts



   Prepaid and other current assets   $ 23     $ 28     Accrued liabilities   $ 37     $ 12  
Foreign exchange contracts

   Other Assets     5       12     Other Liabilities     8       1  
 
                                       
 
                                               
Total derivatives designated as hedging instruments under ASC Topic 815
          $ 28     $ 40             $ 45     $ 13  
 
                                       
 
                                               
Derivatives not designated as hedging instruments under ASC Topic 815
                                               
 
                                               
Foreign exchange contracts



   Prepaid and other current assets   $ 14     $ 7     Accrued liabilities   $ 10     $ 10  
 
                                       
 
                                               
Total derivatives not designated as hedging instruments under ASC Topic 815
          $ 14     $ 7             $ 10     $ 10  
 
                                       
 
                                               
Total derivatives
          $ 42     $ 47             $ 55     $ 23  
 
                                       
Effect of Derivative-Instruments on the Consolidated Statement of Income
The Effect of Derivative Instruments on the Consolidated Statement of Income
($ in millions)
                                                                 
                                            Location of Gain (Loss)        
                                            Recognized in Income on     Amount of Gain (Loss)  
                    Location of Gain (Loss)                     Derivative (Ineffective     Recognized in Income on  
                    Reclassified from     Amount of Gain (Loss)     Portion and Amount     Derivative (Ineffective  
Derivatives in ASC Topic 815   Amount of Gain (Loss)     Accumulated OCI into     Reclassified from     Excluded from     Portion and Amount  
Cash Flow Hedging   Recognized in OCI on     Income     Accumulated OCI into     Effectiveness     Excluded from  
Relationships   Derivative (Effective Portion) (a)     (Effective Portion)     Income (Effective Portion)     Testing)     Effectiveness Testing) (b)  
    Nine Months Ended             Nine Months Ended             Nine Months Ended  
    September 30,             September 30,             September 30,  
    2011     2010             2011     2010             2011     2010  
 
                  Revenue     11       6                          
Foreign exchange contracts
    6       (14 )   Cost of revenue     38       (26 )   Other income (expense), net     11       5  
 
                                                   
Total
    6       (14 )             49       (20 )             11       5  
 
                                                   
                                                         
Derivatives in ASC Topic 815   Location of Gain (Loss)     Amount of Gain (Loss)     ASC Topic 815     Location of Gain (Loss)     Recognized in Income on  
Fair Value   Recognized in Income     Recognized in Income on     Fair Value Hedge     Recognized in Income on     Related Hedged  
Hedging Relationships   on Derivative     Derivative     Relationships     Related Hedged Item     Items  
            Nine Months Ended                     Nine Months Ended  
            September 30,                     September 30,  
            2011     2010                     2011     2010  
Foreign exchange contracts
  Revenue     —       (1 )   Firm commitments   Revenue     —       1  
 
                                               
Total
            —       (1 )                     —       1  
 
                                               
                         
Derivatives Not Designated as   Location of Gain (Loss)     Amount of Gain (Loss)  
Hedging Instruments under   Recognized in Income     Recognized in Income on  
ASC Topic 815   on Derivative     Derivative  
            Nine Months Ended  
            September 30,  
            2011     2010  
 
                       
Foreign exchange contracts
  Other income (expense), net     (20 )     8  
 
                   
Total
            (20 )     8  
 
                   
 
(a)   The Company expects that ($18) million of the Accumulated Other Comprehensive Income (Loss) will be reclassified into earnings within the next twelve months with an offset by gains from the underlying transactions resulting in no impact to earnings or cash flow.
 
(b)   The amount of gain recognized in income represents $11 million and $5 million related to the ineffective portion of the hedging relationships for the nine months ended September 30, 2011 and 2010, respectively, and $13 million and $8 million related to the amount excluded from the assessment of the hedge effectiveness for the nine months ended September 30, 2011 and 2010, respectively.