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Interest Expense, Net
 12 Months Ended
Dec. 31, 2014
Banking and Thrift, Interest [Abstract]  
Interest Expense, Net
19.

INTEREST EXPENSE, NET

Interest expense, net consisted of the following:

 

     Year ended
December 31,
2014		     Year ended
December 31,
2013		     Year ended
December 31,
2012		  

Income

      12        18        41   

Expense

      (30 )      (23 )      (76 ) 
  

 

 

    

 

 

    

 

 

  

Total

      (18 )      (5 )      (35 ) 
  

 

 

    

 

 

    

 

 

  

Net interest included charges related to the sale of trade and other receivables. Interest expense recorded in 2014 included a $12 million charge on the senior unsecured convertible bonds issued in July 2014, of which $10 non-cash interest expense resulting from the accretion of the discount on the liability component.

No borrowing cost was capitalized in 2014, 2013 and 2012. Interest income on government Bonds and floating rate notes classified as available-for-sale marketable securities amounted to $2.4 million for the year ended December 31, 2014, less than $1 million for the year ended December 31, 2013 and to $2 million for the year ended December 31, 2012.

In 2013, net interest included a one-time interest income received with respect to a U.S. tax refund in the second quarter of 2013.