The table below presents information about items that are carried at fair value at September 30, 2020 and December 31, 2019:


	Fair value Measurement as of September 30, 2020
Description	Balance		Level 1		Level 2
Assets:
Derivatives (1)	$	79	$	—	$	79
Mutual funds	50		50		—
Total	$	129	$	50	$	79
Liabilities:
Derivatives (1)	$	69	$	—	$	69
Total	$	69	$	—	$	69


	Fair value Measurement as of December 31, 2019
Description	Balance		Level 1		Level 2
Assets:
Derivatives (1)	$	92	$	—	$	92

Mutual funds	3		3		—
Total	$	95	$	3	$	92

(1)Represents FX forwards on certain assets and liabilities as well as interest rate swaps, cross-currency swaps and forward contracts as more fully described in Note 10 to the condensed consolidated financial statements.