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Derivative Financial Instruments (Tables) | 3 Months Ended
--- | ---
Mar. 31, 2012
Derivative Financial Instruments [Abstract] |
Outstanding foreign currency forward contracts |
|  | Currency Denomination |
Foreign Currency |  | March 31, 2012 |  |  | December 31, 2011 |
Norwegian Krone |  | NOK | 5,813 |  |  | NOK | 6,639 |
Euro |  | € | 405 |  |  | € | 456 |
U.S. Dollar |  | $ | 381 |  |  | $ | 402 |
Mexican Peso |  | MXN | 306 |  |  | MXN | — |
Danish Krone |  | DKK | 95 |  |  | DKK | 98 |
British Pound Sterling |  | £ | 17 |  |  | £ | 2 |
Singapore Dollar |  | SGD | 7 |  |  | SGD | 10 |
|  | Currency Denomination |
Foreign Currency |  | March 31, 2012 |  |  | December 31, 2011 |
Norwegian Krone |  | NOK | 4,293 |  |  | NOK | 2,310 |
Russian Ruble |  | RUB | 984 |  |  | RUB | 786 |
U.S. Dollar |  | $ | 440 |  |  | $ | 483 |
Euro |  | € | 213 |  |  | € | 161 |
Singapore Dollar |  | SGD | 135 |  |  | SGD | 5 |
Danish Krone |  | DKK | 121 |  |  | DKK | 67 |
British Pound Sterling |  | £ | 12 |  |  | £ | 9 |
Swedish Krone |  | SEK | 8 |  |  | SEK | 4 |
Derivative Instruments and their Balance Sheet Classifications |
|  | Asset Derivatives |  |  | Liability Derivatives |
|  |  |  | Fair Value |  |  |  |  | Fair Value |
|  | Balance Sheet |  | March 31, |  |  | December 31, |  |  | Balance Sheet |  | March 31, |  |  | December 31, |
|  | Location |  | 2012 |  |  | 2011 |  |  | Location |  | 2012 |  |  | 2011 |
Derivatives designated as hedging instruments under ASC Topic 815 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Foreign exchange contracts |  | Prepaid and other current assets |  | $ | 40 |  |  | $ | 16 |  |  | Accrued liabilities |  | $ | 19 |  |  | $ | 62 |
Foreign exchange contracts |  | Other Assets |  |  | 11 |  |  |  | 1 |  |  | Other Liabilities |  |  | 1 |  |  |  | 13 |
Total derivatives designated as hedging instruments under ASC Topic 815 |  |  |  | $ | 51 |  |  | $ | 17 |  |  |  |  | $ | 20 |  |  | $ | 75 |
Derivatives not designated as hedging instruments under ASC Topic 815 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Foreign exchange contracts |  | Prepaid and other current assets |  | $ | 27 |  |  | $ | 9 |  |  | Accrued liabilities |  | $ | 13 |  |  | $ | 21 |
Total derivatives not designated as hedging instruments under ASC Topic 815 |  |  |  | $ | 27 |  |  | $ | 9 |  |  |  |  | $ | 13 |  |  | $ | 21 |
Total derivatives |  |  |  | $ | 78 |  |  | $ | 26 |  |  |  |  | $ | 33 |  |  | $ | 96 |
Effect of Derivative-Instruments on the Consolidated Statements 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) |
|  | Three Months Ended March 31, |  |  |  |  | Three Months Ended March 31, |  |  |  |  | Three Months Ended March 31, |
|  | 2012 |  |  | 2011 |  |  |  |  | 2012 |  |  | 2011 |  |  |  |  | 2012 |  |  | 2011 |
|  |  |  |  |  |  |  |  |  | Revenue |  |  | (4 | ) |  |  | 1 |  |  |  |  |  |  |  |  |  |  |
Foreign exchange contracts |  |  | 78 |  |  |  | 55 |  |  | Cost of revenue |  |  | (6 | ) |  |  | 4 |  |  | Other income (expense), net |  |  | (1 | ) |  |  | (3 | )
Total |  |  | 78 |  |  |  | 55 |  |  |  |  |  | (10 | ) |  |  | 5 |  |  |  |  |  | (1 | ) |  |  | (3 | )
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 |
|  |  |  | Three Months Ended March 31, |
|  |  |  | 2012 |  |  | 2011 |
Foreign exchange contracts |  | Other income (expense), net |  |  | 16 |  |  |  | (11 | )
Total |  |  |  |  | 16 |  |  |  | (11 | )
(a) | The Company expects that $(6) 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 $(1) million and $(3) million related to the ineffective portion of the hedging relationships for the three months ended March 31, 2012 and 2011, respectively, and $(1) million and $(4) million related to the amount excluded from the assessment of the hedge effectiveness for the three months ended March 31, 2012 and 2011, respectively.

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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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- Definition Tabular disclosure of the location and fair value amounts of derivative instruments (and nonderivative instruments that are designated and qualify as hedging instruments) reported in the statement of financial position. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 815 -SubTopic 10 -Section 50 -Paragraph 4B -URI http://asc.fasb.org/extlink&oid=6935481&loc=SL5624163-113959 Reference 2: 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. Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Statement of Financial Accounting Standard (FAS) -Number 133 -Paragraph 44C -Subparagraph a -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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