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Derivative Instruments (Tables)
6 Months Ended
Jun. 30, 2017
Derivative Instruments and Hedging Activities Disclosure [Abstract]  
Schedule of the location and fair value amounts of cash flow hedges
The following table provides information on the location and fair value amounts of our cash flow hedges as of June 30, 2017 and December 31, 2016:
(in millions)
Balance Sheet Location
 
June 30, 2017
 
December 31, 2016
Prepaid and other current assets 1
Foreign exchange forward contracts
$
3

 
$
3

1 
Foreign currency forward contracts are recorded at fair value that is based on foreign currency exchange rates in active markets; therefore we classify these derivative contracts as Level 2.
Schedule of the location and amounts of pre-tax gains (losses) on cash flow hedges
The following table provides information on the location and amounts of pre-tax gains (losses) on our cash flow hedges for the periods ended June 30:
Three Months
(in millions)
Gain (Loss) Recognized in Accumulated Other Comprehensive Loss (effective portion)
 
Location of Gain Reclassified from Accumulated Other Comprehensive Loss into Income (effective portion)
 
Gain (Loss) Reclassified from Accumulated Other Comprehensive Loss into Income (effective portion)
Cash flow hedges - designated as hedging instruments
2017
 
2016
 
 
 
2017
 
2016
Foreign exchange forward contracts
$
(6
)
 
$
(1
)
 
Selling and general expenses
 
$
3

 
$
1



Six Months
(in millions)
Gain (Loss) Recognized in Accumulated Other Comprehensive Loss (effective portion)
 
Location of Gain Reclassified from Accumulated Other Comprehensive Loss into Income (effective portion)
 
Gain (Loss) Reclassified from Accumulated Other Comprehensive Loss into Income (effective portion)
Cash flow hedges - designated as hedging instruments
2017
 
2016
 
 
 
2017
 
2016
Foreign exchange forward contracts
$
(1
)
 
$
2

 
Selling and general expenses
 
$
4

 
$
2


Change in unrealized gains (losses) in accumulated other comprehensive loss
The activity related to the change in unrealized gains (losses) in accumulated other comprehensive loss was as follows for the periods ended June 30:
(in millions)
Three Months
 
Six Months
 
2017
 
2016
 
2017
 
2016
Net unrealized gains (losses) on cash flow hedges, net of taxes, beginning of period
$
7

 
$
2

 
$
2

 
$
(1
)
Change in fair value, net of tax
(3
)
 

 
3

 
4

Reclassification into earnings, net of tax
(3
)
 
(1
)
 
(4
)
 
(2
)
Net unrealized gains on cash flow hedges, net of taxes, end of period
$
1

 
$
1

 
$
1

 
$
1