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Derivative Financial Instruments (Tables) | 12 Months Ended
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Dec. 31, 2011
Derivative Financial Instruments [Abstract] |
Outstanding foreign currency forward contracts |
|  | Currency Denomination December 31, |
Foreign Currency |  | 2011 |  |  | 2010 |
Norwegian Krone |  | NOK |  |  | 6,639 |  |  | NOK |  |  | 4,983 |
Euro |  | € |  |  | 456 |  |  | € |  |  | 122 |
U.S. Dollar |  | $ |  |  | 402 |  |  | $ |  |  | 247 |
Danish Krone |  | DKK |  |  | 98 |  |  | DKK |  |  | 31 |
Singapore Dollar |  | SGD |  |  | 10 |  |  | SGD |  |  | — |
British Pound Sterling |  | £ |  |  | 2 |  |  | £ |  |  | 4 |
Derivative Instruments and their Balance Sheet Classifications |
|  | $0000.00 |  |  | $0000.00 |  |  |  | $0000.00 |  |  | $0000.00 |  |  | $0000.00 |  |  |  | $0000.00 |
|  | Asset Derivatives |  |  | Liability Derivatives |
|  |  |  | Fair Value |  |  |  |  | Fair Value |
|  | Balance Sheet |  | December 31, |  |  | Balance Sheet |  | 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 |  | $ | 16 |  |  | $ | 28 |  |  | Accrued liabilities |  | $ | 62 |  |  | $ | 12 |
Foreign exchange contracts |  | Other Assets |  |  | 1 |  |  |  | 12 |  |  | Other Liabilities |  |  | 13 |  |  |  | 1 |
Total derivatives designated as hedging instruments under ASC Topic 815 |  |  |  | $ | 17 |  |  | $ | 40 |  |  |  |  | $ | 75 |  |  | $ | 13 |
Derivatives not designated as hedging instruments under ASC Topic 815 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Foreign exchange contracts |  | Prepaid and other current assets |  | $ | 9 |  |  | $ | 7 |  |  | Accrued liabilities |  | $ | 21 |  |  | $ | 10 |
Total derivatives not designated as hedging instruments under ASC Topic 815 |  |  |  | $ | 9 |  |  | $ | 7 |  |  |  |  | $ | 21 |  |  | $ | 10 |
Total derivatives |  |  |  | $ | 26 |  |  | $ | 47 |  |  |  |  | $ | 96 |  |  | $ | 23 |
Effect of Derivative-Instruments on the Consolidated Statement of Income |
Derivatives in ASC Topic 815 Cash Flow Hedging Relationships |  | Amount of Gain (Loss) Recognized in OCI on Derivative (Effective Portion) (a) |  |  | Location of Gain (Loss) Reclassified from Accumulated OCI into Income (Effective Portion) |  | Amount of Gain (Loss) Reclassified from Accumulated OCI into Income (Effective Portion) |  |  | Location of Gain (Loss) Recognized in Income on Derivative (Ineffective Portion and Amount Excluded from Effectiveness Testing) |  | Amount of Gain (Loss) Recognized in Income on Derivative (Ineffective Portion and Amount Excluded from Effectiveness Testing) (b) |
|  | Years Ended December 31, |  |  |  |  |  |  | Years Ended December 31, |  |  |  |  |  |  | Years Ended December 31, |
|  | 2011 |  |  | 2010 |  |  |  |  |  |  | 2011 |  |  | 2010 |  |  |  |  |  |  | 2011 |  |  | 2010 |
|  |  |  |  |  |  |  |  |  | Revenue |  |  | 8 |  |  |  | 10 |  |  |  |  |  |  |  |  |  |  |
Foreign exchange contracts |  |  | (43 | ) |  |  | (25 | ) |  | Cost of revenue |  |  | 40 |  |  |  | (22 | ) |  | Other income (expense), net |  |  | 17 |  |  |  | 9 |
Total |  |  | (43 | ) |  |  | (25 | ) |  |  |  |  |  |  | 48 |  |  |  | (12 | ) |  |  |  |  |  |  | 17 |  |  |  | 9 |
Derivatives in ASC Topic 815 Fair Value Hedging Relationships |  | Location of Gain (Loss) Recognized in Income on Derivative |  | Amount of Gain (Loss) Recognized in Income on Derivative |  |  | ASC Topic 815 Fair Value Hedge Relationships |  | Location of Gain (Loss) Recognized in Income on Related Hedged Item |  | Recognized in Income on Related Hedged Items |
|  |  |  |  |  |  | Years Ended December 31, |  |  |  |  |  |  |  |  |  | Years Ended December 31, |
|  |  |  |  |  |  | 2011 |  |  | 2010 |  |  |  |  |  |  |  |  |  |  |  | 2011 |  |  | 2010 |
Foreign exchange contracts |  |  | Revenue |  |  |  |  |  | — |  |  |  | (2 | ) |  | Firm commitments |  |  | Revenue |  |  |  |  |  | — |  |  |  | 2 |
Total |  |  |  |  |  |  |  |  | — |  |  |  | (2 | ) |  |  |  |  |  |  |  |  |  |  |  |  | — |  |  |  | 2 |
Derivatives Not Designated as Hedging Instruments under ASC Topic 815 |  | Location of Gain (Loss) Recognized in Income on Derivative |  | Amount of Gain (Loss) Recognized in Income on Derivative |
|  |  |  |  |  | Years Ended December 31, |
|  |  |  |  |  | 2011 |  |  | 2010 |
Foreign exchange contracts |  | Other income (expense), net |  |  | (39 | ) |  |  | 8 |
Total |  |  |  |  |  |  | (39 | ) |  |  | 8 |
(a) | The Company expects that $43 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 (loss) recognized in income represents $17 million and $9 million related to the ineffective portion of the hedging relationships for the years ended December 31, 2011 and 2010, respectively, and $18 million and $12 million related to the amount excluded from the assessment of the hedge effectiveness for the years ended December 31, 2011 and 2010, respectively.
Outstanding foreign currency forward contracts at fair value non functional currency |
|  | Currency Denomination December 31, |
Foreign Currency |  | 2011 |  |  | 2010 |
Norwegian Krone |  | NOK |  |  | 2,310 |  |  | NOK |  |  | 1,442 |
Russian Ruble |  | RUB |  |  | 786 |  |  | RUB |  |  | 780 |
U.S. Dollar |  | $ |  |  | 483 |  |  | $ |  |  | 328 |
Euro |  | € |  |  | 161 |  |  | € |  |  | 97 |
Danish Krone |  | DKK |  |  | 67 |  |  | DKK |  |  | 115 |
British Pound Sterling |  | £ |  |  | 9 |  |  | £ |  |  | 8 |
Singapore Dollar |  | SGD |  |  | 5 |  |  | SGD |  |  | — |
Swedish Krone |  | SEK |  |  | 4 |  |  | SEK |  |  | — |
Merger stock options assumed and acquisition related transaction costs |
|  | Currency Denomination |
|  | December 31, |
Foreign Currency |  | 2011 |  |  | 2010 |
U.S. Dollar |  | $ | — |  |  | $ | 1 |

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- Definition Tabular disclosure of gains and losses on derivative instruments included in an entity's trading activities. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Statement of Financial Accounting Standard (FAS) -Number 133 -Paragraph 44C -Subparagraph c -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy. Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 815 -SubTopic 10 -Section 50 -Paragraph 4F -Subparagraph (a),(b) -URI http://asc.fasb.org/extlink&oid=6935481&loc=SL5624186-113959 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 815 -SubTopic 10 -Section 55 -Paragraph 184 -URI http://asc.fasb.org/extlink&oid=6922577&loc=SL5634876-113961 Reference 4: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Statement of Financial Accounting Standard (FAS) -Number 133 -Paragraph 205G -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy. + Details
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