Derivative Financial Instruments (Tables)

6 Months Ended

Jun. 29, 2018

Derivative Instruments and Hedging Activities Disclosure [Abstract]

Notional Amounts of Company's Outstanding Foreign Currency Forward Contracts by Currency

The table below presents the notional amounts of the Company’s outstanding foreign currency forward contracts by currency at June 29, 2018.

Currency	Notional Amounts
	(in millions)
Canadian dollar	$	183
U.S. dollar	145
Euro	80
United Arab Emirates dirham	12
British pound	11
New Zealand dollar	7
Total	$	438

Location of Company's Derivative Instruments Recorded at Fair Value on the Condensed Consolidated Balance Sheets

The table below presents the location of the Company’s derivative instruments recorded at fair value on the condensed consolidated balance sheets.

	June 29, 2018								December 31, 2017
	Other Current Assets		Other Assets		Other Current Liabilities		Other Liabilities		Other Current Assets		Other Assets		Other Current Liabilities		Other Liabilities
	(in millions)
Derivatives designated ashedging instruments:
Foreign currency forward contracts (1)	$	3	$	—	$	6	$	2	$	11	$	—	$	1	$	—
Derivatives not designated ashedging instruments:
Contingent consideration (2)	—		—		6		—		—		—		—		—
Total derivative instruments	$	3	$	—	$	12	$	2	$	11	$	—	$	1	$	—

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⁽¹⁾  See Note 16 for a description of the fair value hierarchy related to the Company’s foreign currency forward contracts.

⁽²⁾  See Note 16 for additional information on Peak Nano contingent consideration liability.