Note 12 - Fair Value Measurements and Derivatives (Tables)

6 Months Ended

Jun. 30, 2020

Notes Tables

Schedule of Fair Value, Assets and Liabilities Measured on Recurring Basis [Table Text Block]

			Fair Value
Category	Balance Sheet Location	Fair Value Level	June 30, 2020		December 31, 2019
Certificates of deposit	Marketable securities	2	$	19	$	19
Currency forward contracts
Cash flow hedges	Accounts receivable - Other	2		3		14
Cash flow hedges	Other accrued liabilities	2		15		2
Undesignated	Accounts receivable - Other	2		1		1
Undesignated	Other accrued liabilities	2		2		1
Interest rate collars	Other accrued liabilities	2		11		3
Currency swaps
Cash flow hedges	Other noncurrent liabilities	2		5		71

Schedule of Carrying Values and Estimated Fair Values of Debt Instruments [Table Text Block]

			June 30, 2020				December 31, 2019
	Fair Value Level		Carrying Value		Fair Value		Carrying Value		Fair Value
Senior notes		2	$	2,000	$	2,024	$	1,500	$	1,570
Term Facility		2		823		817		823		823
Other indebtedness*		2		14		10		61		57
Total			$	2,837	$	2,851	$	2,384	$	2,450

Schedule of Notional Amounts of Outstanding Derivative Positions [Table Text Block]

Underlying Financial Instrument							Derivative Financial Instrument
Description	Type	Face Amount		Rate			Designated Notional Amount		Traded Amount		Inflow Rate			Outflow Rate
June 2026 Notes	Payable	$	375		6.50	%	$	375	€	338		6.50	%		5.14	%
April 2025 Notes	Payable	$	400		5.75	%	$	400	€	371		5.75	%		3.85	%
Luxembourg Intercompany Notes	Receivable	€	278		3.70	%	€	278	$	300		5.38	%		3.70	%

Schedule of Derivative Instruments [Table Text Block]

		Notional Amount (U.S. Dollar Equivalent)
Functional Currency	Traded Currency	Designated		Undesignated		Total		Maturity
U.S. dollar	Mexican peso, euro, Thai baht	$	59	$	43	$	102	Jun-2021
Euro	U.S. dollar, Canadian dollar, Hungarian forint, British pound, Swiss franc, Indian rupee, Russian ruble, Mexican peso, Australian dollar, Singapore dollar		60		8		68	Jan-2024
British pound	U.S. dollar, euro		1		3		4	Nov-2020
South African rand	Thai baht				2		2	Dec-2020
Thai baht	U.S. dollar, euro		3		13		16	Sep-2020
Canadian dollar	U.S. dollar		2				2	Feb-2021
Brazilian real	U.S. dollar, euro		24		9		33	Apr-2021
Indian rupee	U.S. dollar, British pound, euro				31		31	Jun-2021
Chinese renminbi	Canadian dollar, euro				5		5	Jul-2020
Total forward contracts			149		114		263
U.S. dollar	euro		316				316	Nov-2027
Euro	U.S. dollar		775				775	Jun-2026
Total currency swaps			1,091		—		1,091
Total currency derivatives		$	1,240	$	114	$	1,354

Schedule of Cash Flow Hedges Included in Accumulated Other Comprehensive Income (Loss) [Table Text Block]

	Deferred Gain (Loss) in AOCI
	June 30, 2020			December 31, 2019			Gain (loss) expected to be reclassified into income in one year or less
Forward Contracts	$	(13	)	$	6		$	(13	)
Collar		(11	)		(3	)
Cross-Currency Swaps		29			(36	)
Total	$	5		$	(33	)	$	(13	)

Schedule of Cash Flow Hedging Instruments, Statements of Financial Performance and Financial Position, Location [Table Text Block]

	Three Months Ended June 30, 2020
Derivatives Designated as Cash Flow Hedges	Net sales		Cost of sales		Other income (expense), net
Total amounts of income and expense line items presented in the consolidated statement of operations in which the effects of cash flow hedges are recorded	$	1,078	$	1,088	$	(1	)
(Gain) or loss on cash flow hedging relationships
Foreign currency forwards
Amount of (gain) loss reclassified from AOCI into income		1		5		1
Cross-currency swaps
Amount of (gain) loss reclassified from AOCI into income						21

	Six Months Ended June 30, 2020
Derivatives Designated as Cash Flow Hedges	Net sales		Cost of sales		Other income (expense), net
Total amounts of income and expense line items presented in the consolidated statement of operations in which the effects of cash flow hedges are recorded	$	3,004	$	2,808	$	3
(Gain) or loss on cash flow hedging relationships
Foreign currency forwards
Amount of (gain) loss reclassified from AOCI into income		1		12		1
Cross-currency swaps
Amount of (gain) loss reclassified from AOCI into income						2

	Three Months Ended June 30, 2019
Derivatives Designated as Cash Flow Hedges	Net sales		Cost of sales			Other income (expense), net
Total amounts of income and expense line items presented in the consolidated statement of operations in which the effects of cash flow hedges are recorded	$	2,306	$	1,980		$	(10	)
(Gain) or loss on cash flow hedging relationships
Foreign currency forwards
Amount of (gain) loss reclassified from AOCI into income				(3	)
Cross-currency swaps
Amount of (gain) loss reclassified from AOCI into income							15

	Six Months Ended June 30, 2019
Derivatives Designated as Cash Flow Hedges	Net sales		Cost of sales			Other income (expense), net
Total amounts of income and expense line items presented in the consolidated statement of operations in which the effects of cash flow hedges are recorded	$	4,469	$	3,843		$	(23	)
(Gain) or loss on cash flow hedging relationships
Foreign currency forwards
Amount of (gain) loss reclassified from AOCI into income				(5	)
Cross-currency swaps
Amount of (gain) loss reclassified from AOCI into income							(8	)

Derivatives Not Designated as Hedging Instruments [Table Text Block]

	Amount of Gain (Loss) Recognized in Income
Derivatives Not Designated as Hedging Instruments	Three Months Ended June 30, 2020		Three Months Ended June 30, 2019		Location of Gain or (Loss) Recognized in Income
Foreign currency forward contracts		$ (5)		$ (2)	Cost of sales
Foreign currency forward contracts		3		1	Other income (expense), net

	Amount of Gain (Loss) Recognized in Income
Derivatives Not Designated as Hedging Instruments	Six Months Ended June 30, 2020			Six Months Ended June 30, 2019			Location of Gain or (Loss) Recognized in Income
Foreign currency forward contracts	$	—		$	—		Cost of sales
Foreign currency forward contracts		(6	)		(12	)	Other income (expense), net