XML 50 R36.htm IDEA: XBRL DOCUMENT v3.20.2
Financial Instruments (Tables)
6 Months Ended
Jun. 30, 2020
Derivative Instruments, Gain (Loss) [Line Items]  
Schedule of Derivative Instruments in Statement of Financial Position, Fair Value [Table Text Block]
The following table summarizes the fair value and presentation in the Condensed Consolidated Balance Sheets for derivative instruments as of June 30, 2020 and December 31, 2019:
(dollars in millions)Balance Sheet LocationJune 30, 2020December 31, 2019
Derivatives designated as hedging instruments:
Foreign exchange contractsOther assets, current$30  $23  
Accrued liabilities(334) (166) 
Derivatives not designated as hedging instruments:
Foreign exchange contractsOther assets, current$19  $23  
Accrued liabilities(47) (116) 
Reclassification out of Accumulated Other Comprehensive Income [Member]  
Derivative Instruments, Gain (Loss) [Line Items]  
Derivative Instruments, Gain (Loss) [Table Text Block]
The effect of cash flow hedging relationships on Accumulated other comprehensive income and on the Condensed Consolidated Statement of Operations for the quarters and six months ended June 30, 2020 and 2019 are presented in the table below. The amounts of loss are attributable to foreign exchange contract activity and are generally recorded as a component of Product sales when reclassified from Accumulated other comprehensive income.
 Quarter Ended June 30,Six Months Ended June 30,
(dollars in millions)2020201920202019
(Loss) gain recorded in Accumulated other comprehensive loss$188  $21  $(215) $28  
Loss reclassified from Accumulated other comprehensive loss into Product sales 27  16  56  20  
Other Income [Member]  
Derivative Instruments, Gain (Loss) [Line Items]  
Derivative Instruments, Gain (Loss) [Table Text Block]
The effect of derivatives not designated as hedging instruments within Other income (expense), net, on the Condensed Consolidated Statement of Operations was as follows:
Quarter Ended June 30,Six Months Ended June 30,
(dollars in millions)2020201920202019
Foreign exchange contracts$10  $27  $(29) $60