Derivative Financial Instruments (Tables)
 3 Months Ended
Mar. 31, 2015
Derivative Instruments and Hedging Activities Disclosure [Abstract]  
Fair Values of Derivative Instruments

The following tables summarize the fair value of our derivative instruments (in millions):

 

     March 31,
2015		      December 31,
2014		  
     Balance Sheet
Location		    Fair
Value		      Balance Sheet
Location		    Fair
Value		  

Derivatives designated as hedging instruments

            

Asset Derivatives

            

Interest rate swaps

    Other assets    $         6       Other assets    $         4   

Forward contracts

    Prepaid expenses and other      6       Prepaid expenses and other      1   
     

 

 

        

 

 

  

Total assets

       $ 12          $ 5   
     March 31,
2015		      December 31,
2014		  
     Balance Sheet
Location		    Fair
Value		      Balance Sheet
Location		    Fair
Value		  

Derivatives not designated as hedging instruments

            

Asset Derivatives

            

Forward contracts

    Prepaid expenses and other    $ 3       Prepaid expenses and other    $ 9   

Liability Derivatives

            

Forward contracts

    Accrued expenses    $ 7       Accrued expenses    $ 20   
Derivative Instruments Gain (Loss) Recognized in Income

The following table presents the effect of our derivatives on our consolidated statements of income (in millions):

 

      Derivatives not

designated as hedging

        instruments

    Location of Gain
Recognized
in  Income on Derivative		    Amount of Gain
(Loss) Recognized
in Income on Derivative		  
          Three Months Ended
March 31,		  
          2015     2014  

Foreign forward exchange contracts

    Interest expense, net    $ (28 )    $ 5