Derivative Instruments (Tables)

9 Months Ended

Sep. 30, 2019

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	September 30, 2019		December 31, 2018
Fair value hedge contracts	Other current assets	$	0	$	44
	Other current liabilities		1,103		950
	Other noncurrent liabilities		434		70
Fair value hedged items	Receivables		459		232
	Other current assets		782		967
	Other noncurrent assets		578		105
	Other current liabilities		0		12

Summary of Amount Recognized as and Reclassified from Accumulated Other Comprehensive Income (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 September 30, 2019, and 2018, and the amount recognized as and reclassified from accumulated other comprehensive loss for each of the periods is summarized below. Amounts recognized as comprehensive income (loss) and reclassified from accumulated other comprehensive loss have no tax effect due to deferred income tax assets being fully valued in the related jurisdictions.

Three Months Ended September 30, 2019	Beginning of the Period			Recognized			Reclassified			End of the Period
Foreign currency purchase contracts	$	202		$	0		$	6		$	196
Futures contracts – copper and aluminum		(96	)		(134	)		(59	)		(171	)
	$	106		$	(134	)	$	(53	)	$	25
Three Months Ended September 30, 2018
Foreign currency purchase contracts	$	230		$	0		$	7		$	223
Futures contracts – copper and aluminum		(113	)		(198	)		(53	)		(258	)
	$	117		$	(198	)	$	(46	)	$	(35	)
Nine Months Ended September 30, 2019
Foreign currency purchase contracts	$	216		$	0		$	20		$	196
Futures contracts – copper and aluminum		(280	)		(87	)		(196	)		(171	)
	$	(64	)	$	(87	)	$	(176	)	$	25
Nine Months Ended September 30, 2018
Foreign currency purchase contracts	$	239		$	0		$	16		$	223
Futures contracts – copper and aluminum		500			(519	)		239			(258	)
	$	739		$	(519	)	$	255		$	(35	)

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 September 30,						Nine Months September 30,
	of Operations	12 Months			2019			2018			2019			2018
Foreign currency purchase contracts	Depreciation and amortization	$	27		$	6		$	7		$	20		$	16
Futures contracts – copper and aluminum	Costs of products sold (excluding depreciation and amortization)		(171	)		(59	)		(53	)		(196	)		239