Slicers (applies to each fact value in each table cell)

Reporting Entity [Axis]

0001306830 (http://www.sec.gov/CIK)

Income Tax Disclosure [Abstract]	Period [Axis]
	2016-01-01 - 2016-12-31
Income Tax Disclosure [Abstract]
Schedule of Earnings (Loss) from Continuing Operations Before Tax by Jurisdiction	Earnings (loss) from continuing operations before tax by jurisdiction are as follows:   Year Ended December 31,   2016   2015   2014   (In $ millions) US 326   231   534 International(1) 704   257   407 Total 1,030   488   941 ______________________________ (1)  Includes aggregate earnings generated by operations in Bermuda, Luxembourg, the Netherlands and Hong Kong of $621 million, $330 million and $308 million for the years ended December 31, 2016, 2015 and 2014, respectively, which have an aggregate effective income tax rate of 1.9%, 6.1% and 4.8% for each year, respectively.
Schedule of Income Tax Provision (Benefit)	The income tax provision (benefit) consists of the following:   Year Ended December 31,   2016   2015   2014   (In $ millions) Current           US (22 )   28   108 International 60   152   56 Total 38   180   164 Deferred           US 108   54   156 International (24 )   (33 )   (6 ) Total 84   21   150 Total 122   201   314
Schedule of Effective Tax Rate Reconciliation	A reconciliation of the significant differences between the US federal statutory tax rate of 35% and the effective income tax rate on income from continuing operations is as follows:   Year Ended December 31,   2016   2015   2014   (In $ millions, except percentages) Income tax provision computed at US federal statutory tax rate 361   171   329 Change in valuation allowance (18 )   124   49 Equity income and dividends (60 )   (33 )   (50 ) (Income) expense not resulting in tax impact, net (152 )   (32 )   (34 ) US tax effect of foreign earnings and dividends 302   15   49 Foreign tax credits (293 )   (4 )   (34 ) Other foreign tax rate differentials (44 )   (41 )   (33 ) Tax-deductible interest on foreign equity investments and other related items —   —   12 State income taxes, net of federal benefit 8   6   9 Other, net 18   (5 )   17 Income tax provision (benefit) 122   201   314             Effective income tax rate 12 %   41 %   33 %
Schedule of Consolidated Deferred Tax Assets and Liabilities	Significant components of the consolidated deferred tax assets and liabilities are as follows:   As of December 31,   2016   2015   (In $ millions) Deferred Tax Assets       Pension and postretirement obligations 313   434 Accrued expenses 61   40 Inventory 11   14 Net operating loss 661   683 Tax credit carryforwards 136   88 Other 161   202 Subtotal 1,343   1,461 Valuation allowance(1) (386 )   (448 ) Total 957   1,013 Deferred Tax Liabilities(2)       Depreciation and amortization 366   380 Investments in affiliates 475   395 Other 87   114 Total 928   889 Net deferred tax assets (liabilities) 29   124 ______________________________ (1)  Includes deferred tax asset valuation allowances for the Company's deferred tax assets in the US, Luxembourg, Spain, China, Singapore, the United Kingdom, Canada and France. These valuation allowances relate primarily to net operating loss carryforward benefits and other net deferred tax assets, all of which may not be realizable. (2)  Includes deferred tax liabilities from the acquisition of SOFTER (Note 4).
Schedule of Activity Related to Uncertain Tax Positions	Activity related to uncertain tax positions is as follows:   Year Ended December 31,   2016   2015   2014   (In $ millions) As of the beginning of the year 158   228   244 Increases in tax positions for the current year 9   13   7 Increases in tax positions for prior years(1) 11   76   24 Decreases in tax positions for prior years (9 )   (126 )   (46 ) Decreases due to settlements (55 )   (33 )   (1 ) As of the end of the year 114   158   228             Total uncertain tax positions that if recognized would impact the effective tax rate 87   144   245 Total amount of interest expense (benefit) and penalties recognized in the consolidated statements of operations(2) (16 )   (12 )   2 Total amount of interest expense and penalties recognized in the consolidated balance sheets 26   43   67 ______________________________ (1)  Includes uncertain tax positions related to the SOFTER acquisition (Note 4) of $19 million for the year ended December 31, 2016. (2)  This amount reflects interest on uncertain tax positions and release of certain tax positions as a result of audit closure that was reflected in the consolidated statements of operations. In addition, for the years ended December 31, 2016 and 2015, the Company also paid an additional $1 million and $12 million, respectively, of previously accrued amounts due to settlements of tax examinations.