XML 20 R48.htm IDEA: XBRL DOCUMENT v2.4.1.9
Derivative Financial Instruments (Tables)
12 Months Ended
Dec. 31, 2014
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 as of December 31, 2014.

 

Currency

       Notional Amount      
     (in millions)  

Canadian dollar

   $ 123    

U.S. dollar

     101     

Euro

     47    

British pound

     9    
  

 

 

 

Total

$                 280    
  

 

 

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

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

 

    December 31, 2014     December 31, 2013  
    Other
Current
Assets
    Other
Assets
    Other
Current
Liabilities
    Other
Liabilities
    Other
Current
Assets
    Other
Assets
    Other
Current
Liabilities
    Other
Liabilities
 
    (in millions)  

Derivatives designated as hedging instruments:

               

Foreign currency forward   contracts(1) (2)

   $       4          $ 1          $ 10           $ 1          $ 5          $ 1          $       3          $ 2      
 

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 

Total derivative instruments

 $ 4        $       1        $       10         $       1         $       5        $       1        $ 3        $       2       
 

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 

 

  (1) 

See Note 13 for a description of the fair value hierarchy related to the Company’s foreign currency forward contracts.

  (2) 

Assets held for sale at December 31, 2014 include $2 million of other current assets relating to the fair value of derivative instruments and liabilities held for sale at December 31, 2014 include $2 million of other current liabilities relating to the fair value of derivative instruments.