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DERIVATIVES AND HEDGING ACTIVITIES (Tables)
6 Months Ended
Jun. 30, 2018
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 financial instruments used in hedging transactions were as follows:
In millions
June 30, 2018
 
December 31, 2017
Derivatives in Cash Flow Hedging Relationships:
 
 
 
Foreign exchange contracts (a)
$
442

 
$
329

Derivatives Not Designated as Hedging Instruments:
 
 
 
Electricity contract
2

 
13

Foreign exchange contracts
15

 
10


(a)
These contracts had maturities of two years or less as of June 30, 2018.
Gains Or 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)
 
Three Months Ended
June 30,
 
Six Months Ended
June 30,
In millions
2018
 
2017
 
2018
 
2017
Foreign exchange contracts
$
(18
)
 
$
(1
)
 
$
(18
)
 
$
8

Interest rate contracts

 

 
(3
)
 

Total
$
(18
)
 
$
(1
)
 
$
(21
)
 
$
8

Gains And Losses Recognized In Consolidated Statement Of Operations On Qualifying And Non-Qualifying Financial Instruments [Table Text Block]
The amounts of gains and losses recognized in the statement of operations on qualifying and non-qualifying financial instruments used in hedging transactions were as follows:
 
Gain (Loss)
Reclassified from
AOCI
(Effective Portion)
Location of Gain (Loss)
Reclassified from AOCI
(Effective Portion)
 
Three Months Ended
June 30,
 
Six Months Ended
June 30,
 
 
In millions
2018
 
2017
 
2018
 
2017
 
 
Derivatives in Cash Flow Hedging Relationships:
 
 
 
 
 
 
 
 
 
Foreign exchange contracts
$
(2
)
 
$
2

 
$

 
$
4

 
Cost of products sold
Total
$
(2
)
 
$
2

 
$

 
$
4

 
 

 
Gain (Loss) Recognized
Location of Gain (Loss)
In 
Statement
of Operations
 
Three Months Ended
June 30,
 
Six Months Ended
June 30,
 
 
In millions
2018
 
2017
 
2018
 
2017
 
 
Derivatives Not Designated as Hedging Instruments:
 
 
 
 
 
 
 
 
 
Electricity contract
$
1

 
$

 
$
(1
)
 
$
(2
)
 
Cost of products sold
Foreign exchange contracts
1

 

 
1

 

 
Cost of products sold
Total
$
2

 
$

 
$

 
$
(2
)
 
 
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 balance sheet:

Fair Value Measurements
Level 2 – Significant Other Observable Inputs
 
 
Assets
 
Liabilities
 
In millions
June 30, 2018
 
December 31, 2017
 
June 30, 2018
 
December 31, 2017
 
Derivatives designated as hedging instruments
 
 
 
 
 
 
 
 
Foreign exchange contracts – cash flow
$
2

(a) 
$
11

(b)
$
22

(c)
$
1

(e)
Total derivatives designated as hedging instruments
2

  
11

 
22

  
1

  
Derivatives not designated as hedging instruments
 
 
 
 
 
 
 
 
Electricity contract




5

(d)
8

(f)
Foreign exchange contracts
1

(a) 

 

 

 
Total derivatives not designated as hedging instruments
1

  

 
5

  
8

  
Total derivatives
$
3

  
$
11

 
$
27

  
$
9

  
 
(a)
Included in Other current assets in the accompanying consolidated balance sheet.
(b)
Includes $10 million recorded in Other current assets and $1 million recorded in Deferred charges and other assets in the accompanying balance sheet.
(c)
Includes $13 million recorded in Other accrued liabilities and $9 million recorded in Other liabilities in the accompanying consolidated balance sheet.
(d)
Includes $4 million recorded in Other accrued liabilities and $1 million recorded in Other liabilities in the accompanying consolidated balance sheet.
(e)
Included in Other accrued liabilities in the accompanying balance sheet.
(f)
Includes $5 million recorded in Other accrued liabilities and $3 million recorded in Other liabilities in the accompanying consolidated balance sheet.