XML 43 R27.htm IDEA: XBRL DOCUMENT v3.3.1.900

Interest Expense, Net

12 Months Ended

Dec. 31, 2015

Banking and Thrift, Interest [Abstract]

Interest Expense, Net

19. INTEREST EXPENSE, NET

Interest expense, net consisted of the following:

		Year ended December 31, 2015				Year ended December 31, 2014				Year ended December 31, 2013
Income			18				12				18
Expense			(40	)			(30	)			(23	)
Total			(22	)			(18	)			(5	)

Net interest included charges related to the sale of trade and other receivables. Interest expense recorded in 2015 included a $24 million charge on the senior unsecured convertible bonds issued in July 2014, of which $20 million was a non-cash interest expense resulting from the accretion of the discount on the liability component.

No borrowing cost was capitalized in 2015, 2014 and 2013. Interest income on government Bonds and floating rate notes classified as available-for-sale marketable securities amounted to $6 million for the year ended December 31, 2015, $2 million for the year ended December 31, 2014 and less than $1 million for the year ended December 31, 2013.

X

- References

No definition available.

+ Details

Name:	us-gaap_BankingAndThriftInterestAbstract
Namespace Prefix:	us-gaap_
Data Type:	xbrli:stringItemType
Balance Type:	na
Period Type:	duration

X

- Definition

The entire disclosure for interest income and interest expense for enterprises that derive a significant portion of their revenue from interest collected on investments, loans, and securities.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 942
-SubTopic 225
-Section S99
-Paragraph 1
-Subparagraph (SX 210.9-04.1-12)
-URI http://asc.fasb.org/extlink&oid=6879574&loc=d3e536633-122882

+ Details

Name:	us-gaap_InterestIncomeAndInterestExpenseDisclosureTextBlock
Namespace Prefix:	us-gaap_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration