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Derivative Financial Instruments (Tables)
 12 Months Ended
Dec. 31, 2015
Derivative Instruments and Hedging Activities Disclosure [Abstract]  
Effect of derivative financial instruments
The table below presents the effect of our derivative financial instruments on the Consolidated Income Statements and Statements of Comprehensive Income.
 
 
Year Ended December 31,
(in millions)
 
2015
 
2014
 
2013
Derivatives in Cash Flow Hedges
 
 
 
 
 
 
Foreign Exchange Contracts
 
 
 
 
 
 
Amount of (loss) gain recognized in OCI (a)
 
$
(5
)
 
$
(22
)
 
$
1

Amount of loss (gain) reclassified from OCI into revenue (a)
 
19

 
5

 
(2
)
Amount of loss reclassified from OCI into cost of revenue (a)
 
1

 
1

 
2

 
 
 
 
 
 
 
Derivatives in Net Investment Hedges
 
 
 
 
 
 
Amount of (loss) recognized in OCI (a)
 
$
(17
)
 
$
—

 
$
—

(a)
Effective portion
Schedule of Foreign Exchange Contracts, Statement of Financial Position
The fair values of our derivative contracts currently included in our hedging program were as follows:
 
December 31,
(in millions)
2015
 
2014
Derivatives designated as hedging instruments
 
 
 
Assets
 
 
 
Cash Flow Hedges
 
 
 
Other current assets
$
2

 
$
1

Liabilities
 
 
 
Cash Flow Hedges
 
 
 
Other current liabilities
—

 
(13
)
Net Investment Hedges
 
 
 
Other non-current liabilities
(18
)
 
—