Note 13 - Fair Value Measurements and Derivatives (Tables)

9 Months Ended

Sep. 30, 2021

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	September 30, 2021		December 31, 2020
Certificates of deposit	Marketable securities	2	$	18	$	21
Available-for-sale securities	Other noncurrent assets	1				49
Currency forward contracts
Cash flow hedges	Accounts receivable - Other	2		7		15
Cash flow hedges	Other accrued liabilities	2		2		1
Undesignated	Accounts receivable - Other	2		3		2
Undesignated	Other accrued liabilities	2		1		1
Interest rate collars	Other accrued liabilities	2		2		7
Currency swaps
Cash flow hedges	Other noncurrent liabilities	2		47		128
Undesignated	Other noncurrent liabilities	2		18

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

			September 30, 2021				December 31, 2020
	Fair Value Level		Carrying Value		Fair Value		Carrying Value		Fair Value
Long-term debt		2	$	2,338	$	2,427	$	2,376	$	2,475

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

Underlying Financial Instrument							Derivative Financial Instrument
Description	Type	Face Amount		Rate			Notional Amount		Traded Amount		Inflow Rate			Outflow Rate
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	%
Undesignated 2026 Swap							$	188	€	169		6.50	%		5.14	%
Undesignated Offset 2026 Swap							€	169	$	188		3.13	%		6.50	%

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, Canadian dollar	$	107	$	-	$	107	Sep-2022
Euro	U.S. dollar, Hungarian forint, British pound, Swiss franc, Indian rupee, Mexican peso, Australian dollar, Chinese renminbi, Brazilian real, Japanese yen, New Zealand dollar, Canadian dollar, South African rand		59		111		170	Jan-2024
British pound	U.S. dollar, euro				3		3	Oct-2021
Swedish krona	euro				1		1	Oct-2021
South African rand	U.S. dollar, euro, Thai baht				7		7	Nov-2021
Thai baht	U.S. dollar		1				1	Dec-2021
Canadian dollar	U.S. dollar		3				3	Dec-2021
Brazilian real	U.S. dollar, euro		33		10		43	Aug-2022
Indian rupee	U.S. dollar, euro, British pound				49		49	Apr-2022
Chinese renminbi	U.S. dollar, euro, Canadian dollar				9		9	Oct-2021
Total forward contracts			203		190		393
U.S. dollar	euro		322		196		518	Nov-2027
Euro	U.S. dollar		400		188		588	Jun-2026
Total currency swaps			722		384		1,106
Total currency derivatives		$	925	$	574	$	1,499

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

	Deferred Gain (Loss) in AOCI
	September 30, 2021			December 31, 2020			Gain (loss) expected to be reclassified into income in one year or less
Forward Contracts	$	—		$	9		$	—
Collar		(2	)		(6	)		(2	)
Cross-Currency Swaps					3
Total	$	(2	)	$	6		$	(2	)

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

	Three Months Ended September 30, 2021
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	$	2,204	$	1,998		$	(4	)
(Gain) or loss on cash flow hedging relationships
Foreign currency forwards
Amount of (gain) loss reclassified from AOCI into income				(3	)		(1	)
Cross-currency swaps
Amount of (gain) loss reclassified from AOCI into income							(21	)

	Nine Months Ended September 30, 2021
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	$	6,672	$	5,963		$	(33	)
(Gain) or loss on cash flow hedging relationships
Foreign currency forwards
Amount of (gain) loss reclassified from AOCI into income				(8	)		(3	)
Cross-currency swaps
Amount of (gain) loss reclassified from AOCI into income							(40	)

	Three Months Ended September 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	$	1,994	$	1,780	$	(8	)
(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						49

	Nine Months Ended September 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	$	4,998	$	4,588	$	(5	)
(Gain) or loss on cash flow hedging relationships
Foreign currency forwards
Amount of (gain) loss reclassified from AOCI into income		1		15		1
Cross-currency swaps
Amount of (gain) loss reclassified from AOCI into income						51

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 September 30, 2021		Three Months Ended September 30, 2020			Location of Gain or (Loss) Recognized in Income
Foreign currency forward contracts	$	1	$	—		Cost of sales
Foreign currency forward contracts	$	2	$	(2	)	Other income (expense), net

	Amount of Gain (Loss) Recognized in Income
Derivatives Not Designated as Hedging Instruments	Nine Months Ended September 30, 2021			Nine Months Ended September 30, 2020			Location of Gain or (Loss) Recognized in Income
Foreign currency forward contracts	$	1		$	—		Cost of sales
Foreign currency forward contracts	$	(14	)	$	(8	)	Other income (expense), net