XML 79 R60.htm IDEA: XBRL DOCUMENT v3.10.0.1
Financial Instruments (Tables)
12 Months Ended
Dec. 31, 2018
Derivative Instruments And Hedging Activities Disclosure [Abstract]  
Schedule of Derivative Assets and Liabilities At Fair Value

The following table sets forth the fair value of the Company’s derivative assets and liabilities, and their level within the fair value hierarchy, at December 31, 2018 and 2017.

 

 

 

 

 

December 31,

 

 

 

Balance Sheet Location

 

2018

 

 

2017

 

Asset derivatives:

 

 

 

 

 

 

 

 

 

 

Foreign currency forward contracts

not designated as a hedging instrument

 

Accounts and notes receivable, net

 

$

1

 

 

$

 

Foreign currency forward contracts

designated as a cash flow hedge

 

Accounts and notes receivable, net

 

 

3

 

 

 

 

Total asset derivatives

 

 

 

$

4

 

 

$

 

 

 

 

 

 

 

 

 

 

 

 

Liability derivatives:

 

 

 

 

 

 

 

 

 

 

Foreign currency forward contracts

not designated as a hedging instrument

 

Other accrued liabilities

 

$

1

 

 

$

 

Total liability derivatives

 

 

 

$

1

 

 

$

 

Schedule of Pre-tax Charge the Fair Value of Derivative Assets and Liabilities

The following table sets forth the pre-tax changes in fair value of the Company’s derivative assets and liabilities for the years ended December 31, 2018, 2017, and 2016.

 

 

 

Gain (Loss) Recognized In

 

 

 

 

 

 

 

 

 

 

 

Accumulated Other

 

Year Ended December 31,

 

Cost of Goods Sold

 

 

Other Income, Net

 

 

Comprehensive Loss

 

2018

 

 

 

 

 

 

 

 

 

 

 

 

Foreign currency forward contracts not designated as a hedging instrument

 

$

 

 

$

3

 

 

$

 

Foreign currency forward contracts designated as a cash flow hedge

 

 

4

 

 

 

 

 

 

10

 

Euro-denominated debt designated as a net investment hedge

 

 

 

 

 

 

 

 

32

 

 

 

 

 

 

 

 

 

 

 

 

 

 

2017

 

 

 

 

 

 

 

 

 

 

 

 

Foreign currency forward contracts not designated as a hedging instrument

 

$

 

 

$

4

 

 

$

 

Euro-denominated debt designated as a net investment hedge

 

 

 

 

 

 

 

 

(86

)

 

 

 

 

 

 

 

 

 

 

 

 

 

2016

 

 

 

 

 

 

 

 

 

 

 

 

Foreign currency forward contracts not designated as a hedging instrument

 

$

 

 

$

(15

)

 

$

 

Euro-denominated debt designated as a net investment hedge

 

 

 

 

 

 

 

 

14