Derivative Instruments (Tables)

6 Months Ended

Jun. 30, 2016

Derivative Instruments and Hedging Activities Disclosure [Abstract]

Location and Fair Value of Foreign Currency Sales Contracts Recorded on Condensed Consolidated Balance Sheets

The location and fair value of the foreign currency sales contracts recorded on the condensed consolidated balance sheets were as follows:

	Location	June 30, 2016		December 31, 2015
Cash flow hedge contracts	Other current assets	$	0	$	10
Fair value hedge contracts	Other current assets		0		113
	Other noncurrent assets		0		0
	Other current liabilities		1,528		258
	Other noncurrent liabilities		18		49
Fair value hedged items	Receivables		443		27
	Other current assets		1,300		255
	Other noncurrent assets		23		39
	Other current liabilities		0		116
	Other noncurrent liabilities		0		0

Summary of Amount Recognized as and Reclassified from Accumulated Other Comprehensive Loss

The change in the fair value of the cash flow contracts is recorded as a component of accumulated other comprehensive loss. The balances as of June 30, 2016 and 2015 and the amount recognized as and reclassified from accumulated other comprehensive loss for each of the periods is summarized below. All amounts are after-tax.

Three Months Ended June 30, 2016	Comprehensive Income (Loss) Beginning of the Year			Plus Recognized as Comprehensive Income (Loss)			Less Gain (Loss) Reclassified from Accumulated Other Comprehensive Loss			Comprehensive Income (Loss) End of the Period
Foreign currency sales contracts	$	0		$	0		$	0		$	0
Foreign currency purchase contracts		237			0			4			233
Futures contracts – copper and aluminum		(39	)		37			(34	)		32
	$	198		$	37		$	(30	)	$	265
Three Months Ended June 30, 2015
Foreign currency sales contracts	$	(2	)	$	10		$	4		$	4
Foreign currency purchase contracts		253			0			4			249
Futures contracts – copper and aluminum		(136	)		(77	)		(108	)		(105	)
	$	115		$	(67	)	$	(100	)	$	148
Six Months Ended June 30, 2016
Foreign currency sales contracts	$	4		$	3		$	7		$	0
Foreign currency purchase contracts		241			0			8			233
Futures contracts – copper and aluminum		(200	)		52			(180	)		32
	$	45		$	55		$	(165	)	$	265
Six Months Ended June 30, 2015
Foreign currency sales contracts	$	0		$	8		$	4		$	4
Foreign currency purchase contracts		258			0			9			249
Futures contracts – copper and aluminum		(173	)		(160	)		(228	)		(105	)
	$	85		$	(152	)	$	(215	)	$	148

Summary of Change in Fair Value Reclassified or Expected to be Reclassified from Accumulated Other Comprehensive Loss to Earnings

The change in fair value reclassified or expected to be reclassified from accumulated other comprehensive loss to earnings is summarized below. All amounts are pre-tax.

	Location of Gain (Loss) in Statements	Estimated to be Reclassified in the		Three Months Ended June 30,						Six Months Ended June 30,
	of Operations	Next 12 Months		2016			2015			2016			2015
Foreign currency sales contracts—cash flow hedges	Sales	$	0	$	0		$	7		$	10		$	7
Foreign currency purchase contracts	Depreciation		27		7			6			14			13
Futures contracts – copper and aluminum	Costs of products sold (excluding depreciation)		38		(55	)		(176	)		(291	)		(370	)