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Derivatives and Hedging Activities (Tables)
12 Months Ended
Dec. 31, 2013
Derivative Instruments and Hedging Activities Disclosure [Abstract]  
Schedule of Notional Amounts of Financial Instruments [Table Text Block]
The notional amounts of qualifying and non-qualifying instruments used in hedging transactions were as follows: 
In millions
December 31, 2013

December 31, 2012

 
Derivatives in Cash Flow Hedging Relationships:
 
 
 
Foreign exchange contracts (Sell / Buy; denominated in sell notional): (a)
 
 
 
Brazilian real / U.S. dollar - Forward
502


 
British pounds / Brazilian real - Forward
17

13

  
European euro / Brazilian real - Forward
27

13

  
European euro / Polish zloty - Forward
252

149

  
U.S. dollar / Brazilian real - Forward
290

238

  
U.S. dollar / Brazilian real - Zero-cost collar
18

18

 
Derivatives in Fair Value Hedging Relationships:
 
 
 
Interest rate contracts (in USD)
175


 
Derivatives Not Designated as Hedging Instruments:
 
 
 
Embedded derivative (in USD)

150

  
Foreign exchange contracts (Sell / Buy; denominated in sell notional):
 
 
 
Indian rupee / U.S. dollar
157

140

  
Thai baht / U.S. dollar

261

  
U.S. dollar / Turkish lira

56

  
Interest rate contracts (in USD)

150

(b)

(a)
These contracts had maturities of three years or less as of December 31, 2013.
(b)
Includes $150 million floating-to-fixed interest rate swap notional to offset the embedded derivative.
Gains Losses Recognized In Accumulated Other Comprehensive Income AOCI Net of Tax Related to Derivative Instruments [Table Text Block]
The following table shows gains or losses recognized in AOCI, net of tax, related to derivative instruments:
  
Gain (Loss)
Recognized in AOCI on Derivatives
(Effective Portion)
 
In millions
2013

2012

2011

Foreign exchange contracts
$

$
16

$
(39
)
Fuel oil contracts


2

Natural gas contracts

(1
)
(6
)
Total
$

$
15

$
(43
)
Gains And Losses Recognized in Consolidated Statement of Operations On Qualifying And Non-Qualiifying Financial Instruments [Table Text Block]
  
Gain (Loss)
Reclassified from
AOCI
into Income
(Effective Portion)
 
 
Location of Gain
(Loss)
Reclassified
from AOCI
into Income
(Effective Portion)
In millions
2013

2012

2011

 
  
Derivatives in Cash Flow Hedging Relationships:
 
 
 
 
 
Foreign exchange contracts
$
7

$
(15
)
$
8

  
Cost of products sold
Fuel oil contracts


4

 
Cost of products sold
Natural gas contracts

(7
)
(20
)
 
Cost of products sold
Total
$
7

$
(22
)
$
(8
)
 
 
 
  
Gain (Loss)
Recognized
in Income
 
 
 
Location of Gain (Loss)
in Consolidated Statement of
Operations
In millions
2013

 
 
2012

 
 
2011

 
 
  
Derivatives in Fair Value Hedging Relationships:
 
 
 
 
 
 
 
 
 
 
Interest rate contracts
$
(1
)
 
 
$

  
 
$
(10
)
 
 
Interest expense, net
Debt
1

  
 

 
 
10

  
 
Interest expense, net
Total
$

  
 
$

  
 
$

  
 
 
Derivatives Not Designated as Hedging Instruments:
 
 
 
 
 
 
 
 
 
 
Electricity Contracts
$
4

 
 
$
(4
)
 
 
$

 
 
Cost of products sold
Embedded derivatives
(1
)
 
 
(4
)
  
 
(3
)
 
 
Interest expense, net
Foreign exchange contracts
(5
)
 
 


 
(14
)
(a)
 
Cost of products sold
Interest rate contracts
21

  
 
22

 
 
3

 
 
Interest expense, net
Total
$
19

 
 
$
14

  
 
$
(14
)
 
 
 


(a) Premium costs of $5 million in connection with the acquisition of APPM are included in Restructuring and other charges in the accompanying consolidated statement of operations.
Schedule of Interest Rate Derivative Activity [Table Text Block]
The following activity is related to fully effective interest rate swaps designated as fair value hedges:
  




2013






2012


In millions
Issued

 
Terminated

 
Undesignated


Issued


Terminated

 
Undesignated

 
Fourth Quarter
$
175

  
$

  
$


$


$

  
$

  
Total
$
175

  
$

  
$


$


$

  
$

  
Impact Of Derivative Instruments In Consolidated Balance Sheet [Table Text Block]
The following table provides a summary of the impact of our derivative instruments in the consolidated balance sheet:

Fair Value Measurements
Level 2 – Significant Other Observable Inputs
 
  
Assets
 
 
Liabilities
 
 
In millions
December 31, 2013

 
December 31, 2012

 
December 31, 2013

 
December 31, 2012

 
Derivatives designated as hedging instruments
 
 
 
 
 
 
 
 
Foreign exchange contracts – cash flow
$
37

(a)
$
7

(c)
$
33

(d)
$
21

(f)
Interest rate contracts - fair value




1

(e)


Total derivatives designated as hedging instruments
$
37

  
$
7

  
$
34

  
$
21

  
Derivatives not designated as hedging instruments
 
 
 
 
 
 
 
 
Electricity contract
$
2

(b)
$

 
$


$
1

(g)
Embedded derivatives


1

(b)

  

  
Foreign exchange contracts


1

(b)

  

 
Interest rate contracts



  


1

(g)
Total derivatives not designated as hedging instruments
$
2

  
$
2

  
$

  
$
2

  
Total derivatives
$
39

  
$
9

  
$
34

  
$
23

  

(a)
Includes $23 million recorded in Other current assets and $14 million recorded in Deferred charges and other assets in the accompanying consolidated balance sheet.
(b)
Included in Other current assets in the accompanying consolidated balance sheet.
(c)
Includes $3 million recorded in Other current assets and $4 million recorded in Deferred charges and other assets in the accompanying consolidated balance sheet.
(d)
Includes $24 million recorded in Other accrued liabilities and $9 million recorded in Other liabilities in the accompanying consolidated balance sheet.
(e)
Included in Other liabilities in the accompanying consolidated balance sheet.
(f)
Includes $20 million recorded in Other accrued liabilities and $1 million recorded in Other liabilities in the accompanying consolidated balance sheet.
(g)
Included in Other accrued liabilities in the accompanying consolidated balance sheet.