XML 58 R44.htm IDEA: XBRL DOCUMENT v3.22.0.1
Financial Instruments (Tables)
12 Months Ended
Dec. 31, 2021
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 Consolidated Balance Sheet for derivative instruments as of December 31:
(dollars in millions)Balance Sheet Location20212020
Derivatives designated as hedging instruments:
Foreign exchange contractsOther assets, current$59 $197 
Other accrued liabilities202 66 
Derivatives not designated as hedging instruments:
Foreign exchange contractsOther assets, current$11 $44 
Other accrued liabilities11 32 
Other Income (Expense) [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, net, on the Consolidated Statement of Operations was as follows:
(dollars in millions)202120202019
Gain (loss) on non-designated foreign exchange contracts $(24)$(76)$91 
Reclassification out of Accumulated Other Comprehensive Income [Member]  
Derivative Instruments, Gain (Loss) [Line Items]  
Derivative Instruments, Gain (Loss) [Table Text Block] The amounts of gain or (loss) are attributable to foreign exchange contract activity and are primarily recorded as a component of Products sales when reclassified from Accumulated other comprehensive loss.
(dollars in millions)202120202019
Gain (loss) recorded in Accumulated other comprehensive loss$(226)$181 $(33)
(Gain) loss reclassified from Accumulated other comprehensive loss(28)82 51