XML 33 R42.htm IDEA: XBRL DOCUMENT v3.3.0.814
Derivative Financial Instruments (Tables)
 9 Months Ended
Sep. 30, 2015
Derivative Instruments and Hedging Activities Disclosure [Abstract]  
Schedule of Derivative Instruments, Notional Amounts and Fair Values
The notional amounts and fair values of derivative instruments in the Condensed Consolidated Statements of Financial Position were as follows:
  
Notional amounts (1)
Other assets
Accrued liabilities
  
September 30
2015

December 31
2014

September 30
2015

December 31
2014

September 30
2015

December 31
2014

Derivatives designated as hedging instruments:
 
 
 
 
 
 
Foreign exchange contracts

$2,793


$2,586


$8


$9


($326
)

($204
)
Interest rate contracts
125

125

11

10




Commodity contracts
16

31


1

(14
)
(24
)
Derivatives not receiving hedge accounting treatment:
 
 
 
 
 
 
Foreign exchange contracts
399

319

6

21

(13
)
(5
)
Commodity contracts
790

3





 
 
Total derivatives

$4,123


$3,064

25

41

(353
)
(233
)
Netting arrangements
 
 
(9
)
(16
)
9

16

Net recorded balance
 
 

$16


$25


($344
)

($217
)
(1) 
Notional amounts represent the gross contract/notional amount of the derivatives outstanding.
Schedule Of Derivative Instruments, Gains/(Losses)
Gains/(losses) associated with our cash flow and undesignated hedging transactions and their effect on Other comprehensive income/(loss) and Net earnings were as follows: 
  
Nine months ended September 30
 
Three months ended September 30
  
2015

 
2014

 
2015

 
2014

Effective portion recognized in Other comprehensive income/(loss), net of taxes:
 
 
 
 
 
 
 
Foreign exchange contracts

($137
)
 

($65
)
 

($71
)
 

($85
)
Commodity contracts
(2
)
 
1

 
(2
)
 
(4
)
Effective portion reclassified out of Accumulated other comprehensive loss into earnings, net of taxes:
 
 
 
 
 
 
 
Foreign exchange contracts
(44
)
 
14

 
(21
)
 
7

Commodity contracts
(8
)
 
(12
)
 
(3
)
 
(4
)
Forward points recognized in Other income, net:
 
 
 
 
 
 
 
Foreign exchange contracts
8

 
25

 
1

 
9

Undesignated derivatives recognized in Other income, net:
 
 
 
 
 
 
 
Foreign exchange contracts
(3
)
 
(5
)
 
(5
)
 
1