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Note 16 - Reportable Segments - Reconciliation of Reportable Segments and All Other Net Sales to Consolidated Net Sales (Details) - USD ($)
$ in Millions
3 Months Ended
Mar. 31, 2021
Mar. 31, 2020
Cumulative adjustment related to customer contract [1]   $ 105
Consolidated net sales $ 3,290 2,391
Operating Segments [Member]    
Net sales of reportable segments and All Other 3,263 2,529
Segment Reconciling Items [Member]    
Impact of foreign currency movements [2] 27 (33)
Cumulative adjustment related to customer contract [3] $ (105)
[1] Amount represents the negative impact of a cumulative adjustment to reduce revenue in the amount of $105 million recorded during the first quarter of 2020. The adjustment was associated with a previously recorded commercial benefit asset, reflected as a prepayment, to a customer with a long-term supply agreement that exited its production of LCD panels.
[2] This amount primarily represents the impact of foreign currency adjustments in the Display Technologies, Environmental Technologies and Life Sciences segments.
[3] Amount represents the negative impact of a cumulative adjustment to reduce revenue in the amount of $105 million recorded during the first quarter of 2020. The adjustment was associated with a previously recorded commercial benefit asset, reflected as a prepayment, to a customer with a long-term supply agreement that is exiting its production of LCD panels. Refer to Note 4 (Revenue) to the consolidated financial statements for additional information.