Annual report pursuant to Section 13 and 15(d)

MARKETABLE SECURITIES (Details)

v3.6.0.2
MARKETABLE SECURITIES (Details) - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2016
Dec. 31, 2015
Dec. 31, 2014
Schedule of Available-for-sale Securities      
Cost $ 260 $ 101  
Gross unrealized gains/(losses)   (1)  
Estimated fair value 260 100  
Proceeds from sales and maturities of marketable securities 306 270 $ 336
Gross realized gains from the sale of available-for-sale securities [1] 0 1 $ 14
Available-for-sale Securities, Debt Maturities, Fair Value, Fiscal Year Maturity [Abstract]      
1 year or less 247    
5-10 years 1    
Total 248    
Significant other observable inputs Level 2 | Debt mutual funds      
Schedule of Available-for-sale Securities      
Cost [2] 132 88  
Gross unrealized gains/(losses) [2] 0 0  
Estimated fair value [2] 132 88  
Significant other observable inputs Level 2 | Bank debentures      
Schedule of Available-for-sale Securities      
Cost [2] 114 0  
Gross unrealized gains/(losses) [2] 0 0  
Estimated fair value [2] 114 0  
Significant other observable inputs Level 2 | Equity Funds      
Schedule of Available-for-sale Securities      
Cost [2] 12 11  
Gross unrealized gains/(losses) [2] 0 (1)  
Estimated fair value [2] 12 10  
Significant other observable inputs Level 2 | Government debt securities-non-U.S.      
Schedule of Available-for-sale Securities      
Cost [2] 2 2  
Gross unrealized gains/(losses) [2] 0 0  
Estimated fair value [2] $ 2 $ 2  
Minimum | Bank debentures      
Schedule of Available-for-sale Securities      
Maturities of Time Deposits, Description three months    
Maximum | Bank debentures      
Schedule of Available-for-sale Securities      
Maturities of Time Deposits, Description five years    
[1] Gross realized losses from the sale of available-for-sale securities were immaterial.
[2] All marketable securities are classified as Level 2 securities. The fair value of Level 2 securities is estimated using actively quoted prices for similar instruments from brokers and observable inputs where available, including market transactions and third-party pricing services, or net asset values provided to investors. We do not currently have any Level 3 securities and there were no transfers between Level 2 or 3 during 2016 and 2015.