Derivative Instruments (Tables)

3 Months Ended

Mar. 31, 2017

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	March 31, 2017		December 31, 2016
Fair value hedge contracts	Other current assets	$	206	$	214
	Other noncurrent assets		0		2
	Other current liabilities		293		940
	Other noncurrent liabilities		2		35
Fair value hedged items	Receivables		48		121
	Other current assets		269		808
	Other noncurrent assets		3		45
	Other current liabilities		173		233
	Other noncurrent liabilities		0		5

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 March 31, 2017, and 2016, and the amount recognized as and reclassified from accumulated other comprehensive loss for each of the periods is summarized below. Amounts are after-tax, where applicable.

Three Months Ended March 31, 2017	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		216			0		7			209
Futures contracts – copper and aluminum		335			224		148			411
	$	551		$	224	$	155		$	620
Three Months Ended March 31, 2016
Foreign currency sales contracts	$	4		$	3	$	7		$	0
Foreign currency purchase contracts		241			0		4			237
Futures contracts – copper and aluminum		(200	)		15		(146	)		(39	)
	$	45		$	18	$	(135	)	$	198

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 Next		Three Months Ended March 31,
	of Operations	12 Months		2017		2016
Foreign currency sales contracts – cash flow hedges	Net sales	$	0	$	0	$	10
Foreign currency purchase contracts	Depreciation and amortization		27		7		7
Futures contracts – copper and aluminum	Costs of products sold (excluding depreciation and amortization)		411		148		(236	)