XML 59 R45.htm IDEA: XBRL DOCUMENT v3.19.2
Derivative Financial Instruments (Tables)
 6 Months Ended
Jun. 30, 2019
Reclassification Adjustment out of Accumulated Other Comprehensive Income on Derivatives [Line Items]  
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
  
June 30
2019

December 31
2018

June 30
2019

December 31
2018

June 30
2019

December 31
2018

Derivatives designated as hedging instruments:
 
 
 
 
 
 
Foreign exchange contracts

$3,077


$3,407


$30


$32


($62
)

($132
)
Interest rate contracts
125

125








Commodity contracts
690

57

8

9

(62
)
(2
)
Derivatives not receiving hedge accounting treatment:
 
 
 
 
 
 
Foreign exchange contracts
1,064

414

5

11

(23
)
(2
)
Commodity contracts
225

478





 
 
Total derivatives

$5,181


$4,481


$43


$52


($147
)

($136
)
Netting arrangements
 
 
(26
)
(24
)
26

24

Net recorded balance
 
 

$17


$28


($121
)

($112
)
(1) 
Notional amounts represent the gross contract/notional amount of the derivatives outstanding.
Schedule Of Derivative Instruments, Gains/(Losses)
Gains/(losses) associated with our hedging transactions and forward points recognized in Other comprehensive income are presented in the following table: 
 
Six months ended June 30
 
Three months ended June 30
  
2019

 
2018

 
2019

 
2018

Recognized in Other comprehensive income, net of taxes:
 
 
 
 
 
 
 
Foreign exchange contracts

$31

 

($93
)
 

$9

 

($91
)
Commodity contracts
(48
)
 


 
(37
)
 
Reclassification out of Accumulated Other Comprehensive Income
Gains/(losses) associated with our hedging transactions and forward points reclassified from AOCI to earnings are presented in the following table:
 
Six months ended June 30
 
Three months ended June 30
 
2019

 
2018

 
2019

 
2018

Foreign exchange contracts
 
 
 
 
 
 
 
Revenues

$6

 

 

$1

 


Costs and expenses
(12
)
 

($8
)
 
(7
)
 

($3
)
General and administrative
9

 
(3
)
 
8

 
(3
)
Commodity contracts
 
 
 
 
 
 
 
Revenues

 

 

 

Costs and expenses
1

 

 

 

General and administrative expense

 
(1
)
 
(1
)
 
(1
)