Financial Instruments, Derivatives and Hedging Activities - Gain (Losses) Recognized in Income (Details) - USD ($) $ in Millions |
3 Months Ended | 6 Months Ended | ||
---|---|---|---|---|
Jun. 30, 2020 |
Jun. 30, 2019 |
Jun. 30, 2020 |
Jun. 30, 2019 |
|
Hedging relationships | ||||
Loss expected to be reclassified into earnings during the next twelve months, net of tax | $ (36) | |||
Loss expected to be reclassified into earnings during the next twelve months, income tax effect | 13 | |||
Fair Value Hedging | Interest Rate Contracts | Financing costs, net | ||||
Hedging relationships | ||||
Gains (losses) recognized in income, Hedging instruments | $ (4) | $ 3 | (1) | $ 3 |
Gains (losses) recognized in income, Hedged item | $ 4 | $ (3) | $ 1 | $ (3) |