Derivatives Derivative Financial Instruments (Tables)

12 Months Ended

Dec. 31, 2019

Derivative Instruments and Hedging Activities Disclosure [Abstract]

Schedule of Derivative Instruments in Statement of Financial Position, Fair Value [Table Text Block]

The location and fair values of derivative instruments designated as hedging instruments in the Consolidated Balance Sheets as of December 31, 2019, are shown in the following table:

	As of December 31,
	2019			2018
Interest rate swaps reported in Other current assets	$	82		$	576
Interest rate swaps reported in Other assets	$	—		$	369
Interest rate swaps reported in Other long-term obligations	$	(78	)	$	—
Foreign currency hedges reported in Other current assets	$	580		$	393

Derivative Financial Instruments

The effect of derivative instruments on the Consolidated Statements of Earnings is as follows:

	Years Ended December 31,
	2019		2018			2017
Foreign Exchange Contracts:
Amounts reclassified from AOCI to earnings:
Net sales	$	—	$	383		$	(488	)
Cost of goods sold	860		(6		)	497
Selling, general and administrative	92		107			45
Total amounts reclassified from AOCI to earnings	952		484			54
Loss recognized in other expense for hedge ineffectiveness	—		—			(1		)
Loss recognized in other expense for derivatives not designated as cash flow hedges	—		—			(15		)
Total derivative gain on foreign exchange contracts recognized in earnings	$	952	$	484		$	38
Interest Rate Swaps:
Benefit recorded in interest expense	$	491	$	421		$	37
Total gain	$	1,443	$	905		$	75