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Derivative Financial Instruments (Tables)
12 Months Ended
Dec. 31, 2018
Derivative Instruments and Hedging Activities Disclosure [Abstract]  
Schedule of Interest Rate Derivatives
The following table summarizes the notional amounts, related rates and remaining terms of active and delayed interest rate swap agreements at December 31 in millions:
 
Notional Amount
 
Average Fixed Rate
 
Remaining Term at
 
2018
 
2017
 
2018
 
2017
 
December 31, 2018
HBB - Interest rate swaps
$
20.0

 
$
20.0

 
1.4
%
 
1.4
%
 
Extending to January 2020
HBB - Interest rate swaps
$
15.0

 
$
15.0

 
1.6
%
 
1.6
%
 
Extending to January 2024
HBB - Delayed start interest rate swaps
$
10.0

 
$
10.0

 
1.7
%
 
1.7
%
 
Extending to January 2024
Schedule of the Fair Value of Derivative Instruments Recorded in the Consolidated Balance Sheets
The following table summarizes the fair value of derivative instruments at December 31 as recorded in the Consolidated Balance Sheets:
 
Asset Derivatives
 
Liability Derivatives
 
Balance sheet location
 
2018
 
2017
 
Balance sheet location
 
2018
 
2017
Derivatives designated as hedging instruments
 
 
 
 
 
 
 
 
 
 
 
Interest rate swap agreements
 
 
 
 
 
 
 
 
 
 
 
Current
Prepaid expenses and other current assets
 
$
349

 
$
109

 
Other current liabilities
 
$

 
$

Long-term
Other non-current assets
 
710

 
785

 
Other long-term liabilities
 

 

Foreign currency exchange contracts
 
 
 
 
 
 
 
 
 
 
 
Current
Prepaid expenses and other current assets
 
231

 
245

 
Other current liabilities
 
87

 
93

Total derivatives
 
 
$
1,290

 
$
1,139

 
 
 
$
87

 
$
93