Fair Value of Financial Assets and Liabilities (Tables)

12 Months Ended

Dec. 31, 2018

Fair Value Disclosures [Abstract]

Schedule of Fair Value of Financial Assets and Liabilities

The following table represents assets and liabilities fair value measured on a recurring basis. The basis for the measurement at fair value in all cases is Level 2 – Significant Other Observable Inputs.

	As of December 31,
	2018		2017
Assets
Foreign exchange contracts - forwards	$	14	$	2
Foreign currency options	1		—
Interest rate swaps	—		1
Deferred compensation investments in mutual funds	16		18
Total	$	31	$	21
Liabilities
Foreign exchange contracts - forwards	$	1	$	25
Interest rate swaps	3		—
Deferred compensation plan liabilities	16		19
Total	$	20	$	44

Schedule of Estimated Fair Values of Financial Assets and Liabilities Not Measured at Fair Value on a Recurring Basis

The estimated fair values of our other financial assets and liabilities were as follows:

	December 31, 2018				December 31, 2017
	Carrying Amount		Fair Value		Carrying Amount		Fair Value
Cash and cash equivalents	$	1,084	$	1,084	$	1,293	$	1,293
Accounts receivable, net	1,276		1,276		1,357		1,357
Short-term debt and current portion of long-term debt	961		966		282		283
Long-term debt	4,269		3,922		5,235		5,373