FAIR VALUE (Details 2) (Recurring basis, USD $)
In Millions, unless otherwise specified |
Sep. 30, 2013
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Dec. 31, 2012
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Liabilities: | ||
Transfers from Levels 1 to 2 within the fair value hierarchy, assets | $ 0 | $ 0 |
Transfers from Levels 1 and 2 within the fair value hierarchy, liabilities | 0 | 0 |
Transfers from Levels 2 to 1 within the fair value hierarchy, assets | 0 | 0 |
Transfers from Levels 2 and 1 within the fair value hierarchy, liabilities | 0 | 0 |
Estimated Fair Value
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Assets: | ||
Total assets | 26 | 32 |
Estimated Fair Value | Cross currency interest rate contracts
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Assets: | ||
Total assets | 8 | 18 |
Estimated Fair Value | Interest rate contracts
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Liabilities: | ||
Total liabilities | (12) | (18) |
Estimated Fair Value | Equity mutual funds
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Assets: | ||
Total assets | 18 | 14 |
Quoted prices in active markets for identical assets (Level 1)
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Assets: | ||
Total assets | 18 | 14 |
Quoted prices in active markets for identical assets (Level 1) | Equity mutual funds
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Assets: | ||
Total assets | 18 | 14 |
Significant other observable inputs (Level 2)
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Assets: | ||
Total assets | 8 | 18 |
Significant other observable inputs (Level 2) | Cross currency interest rate contracts
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Assets: | ||
Total assets | 8 | 18 |
Significant other observable inputs (Level 2) | Interest rate contracts
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Liabilities: | ||
Total liabilities | $ (12) | $ (18) |
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- Definition
Fair value portion of probable future economic benefits obtained or controlled by an entity as a result of past transactions or events. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Details
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- Definition
Amount of investment in debt and equity securities categorized neither as held-to-maturity nor trading. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Fair value, after the effects of master netting arrangements, of a financial asset or other contract with one or more underlyings, notional amount or payment provision or both, and the contract can be net settled by means outside the contract or delivery of an asset. Includes assets not subject to a master netting arrangement and not elected to be offset. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Fair value, after the effects of master netting arrangements, of a financial liability or contract with one or more underlyings, notional amount or payment provision or both, and the contract can be net settled by means outside the contract or delivery of an asset. Includes assets not subject to a master netting arrangement and not elected to be offset. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Amount of transfers of assets measured on a recurring basis out of Level 1 of the fair value hierarchy into Level 2. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Amount of transfers of assets measured on a recurring basis out of Level 2 of the fair value hierarchy into Level 1. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Amount of transfers of liabilities measured on a recurring basis out of Level 1 of the fair value hierarchy into Level 2. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Amount of transfers of liabilities measured on a recurring basis out of Level 2 of the fair value hierarchy into Level 1. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Details
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