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Hedging Activities (Tables)
6 Months Ended
Jun. 30, 2019
Summary of Notional Amounts and Respective Fair Values of Derivative Financial Instruments

Asset derivatives

Liability derivatives

Gross notional amount

Balance

Fair value

Balance

Fair value

June 30,

Dec. 31,

sheet

June 30,

Dec. 31,

sheet

June 30,

Dec. 31,

2019

2018

location

2019

2018

location

2019

2018

Derivatives
  designated as
  hedging
  instruments

Foreign exchange
  contracts

$

1,585 

$

391 

Other current
assets

$

13 

$

4 

Other accrued liabilities

$

(2)

$

(2)

Other assets

9 

2 

Other liabilities

(15)

Derivatives not
  designated as
  hedging
  instruments

Foreign exchange
  and other contracts

1,000 

900 

Other current
assets

4 

5 

Other accrued
liabilities

(3)

(7)

Other assets

23 

Translated earnings
  contracts

13,513 

13,620 

Other current
assets

77 

94 

Other accrued
liabilities

(62)

(47)

Other assets

64 

43 

Other liabilities

(330)

(386)

Total derivatives

$

16,098 

$

14,911 

$

190 

$

148 

$

(412)

$

(442)

Not Designated as Hedging Instrument [Member]  
Effect on Consolidated Financial Statements

Gain (loss) recognized in income

Three months ended

Six months ended

Location of gain/(loss)

June 30,

June 30,

Undesignated derivatives

recognized in income

2019

2018

2019

2018

Foreign exchange and other contracts
  – balance sheet, loans and other

Other income, net

$

21

$

29

$

19

$

10

Foreign currency hedges
  related to translated earnings (1)

Translated earnings
  contract (loss) gain, net

(107)

458

77

(164)

Total undesignated

$

(86)

$

487

$

96

$

(154)

 

(1)The impact to income was primarily driven by yen-denominated hedges of translated earnings