XML 26 R26.htm IDEA: XBRL DOCUMENT v2.4.0.8
Risk Management (Tables)
9 Months Ended
Sep. 28, 2013
Risk Management [Abstract]  
Schedule Of Largest Notional Amounts Of The Positions To Buy Or Sell Foreign Currency
The following table shows the five largest net notional amounts of the positions to buy or sell foreign currency as of September 28, 2013, and the corresponding positions as of December 31, 2012: 
 
Notional Amount
Net Buy (Sell) by Currency
September 28,
2013
 
December 31,
2012
British Pound
$
213

 
$
225

Chinese Renminbi
(155
)
 
(99
)
Norwegian Krone
(107
)
 
(48
)
Euro
(88
)
 
(9
)
Malaysian Ringgit
65

 
30

Summary Of Fair Values And Location In Condensed Consolidated Balance Sheet
The following tables summarize the fair values and location in the condensed consolidated balance sheets of all derivative financial instruments held by the Company at September 28, 2013 and December 31, 2012:
 
Fair Values of Derivative Instruments
 
Assets
 
Liabilities
September 28, 2013
Fair
Value
 
Balance
Sheet
Location
 
Fair
Value
 
Balance
Sheet
Location
Derivatives designated as hedging instruments:
 
 
 
 
 
 
 
Foreign exchange contracts
$

 
Other assets
 
$
1

 
Other liabilities
Derivatives not designated as hedging instruments:
 
 
 
 
 
 
 
Foreign exchange contracts
5

 
Other assets
 

 
Other liabilities
Interest agreements

 
Other assets
 
3

 
Other liabilities
Total derivatives not designated as hedging instruments
$
5

 
 
 
$
3

 
 
Total derivatives
$
5

 
 
 
$
4

 
 
 
Fair Values of Derivative Instruments
 
Assets
 
Liabilities
December 31, 2012
Fair
Value
 
Balance
Sheet
Location
 
Fair
Value
 
Balance
Sheet
Location
Derivatives designated as hedging instruments:
 
 
 
 
 
 
 
Foreign exchange contracts
$
1

 
Other assets
 
$

 
Other liabilities
Derivatives not designated as hedging instruments:
 
 
 
 
 
 
 
Foreign exchange contracts
2

 
Other assets
 
3

 
Other liabilities
Interest agreements

 
Other assets
 
4

 
Other liabilities
Total derivatives not designated as hedging instruments
2

 
 
 
7

 
 
Total derivatives
$
3

 
 
 
$
7

 
 
Summary Of Derivative Instruments And The Effect On The Condensed Consolidated Statements Of Operations
The following tables summarize the effect of derivative instruments in the Company's condensed consolidated statements of operations for the three and nine months ended September 28, 2013 and September 29, 2012:
 
Three Months Ended
 
Statement of
Operations Location
Gain (loss) on Derivative Instruments
September 28,
2013
 
September 29,
2012
 
Derivatives not designated as hedging instruments:
 
 
 
 
 
Interest rate contracts
$

 
$

 
Other income (expense)
Foreign exchange contracts
8

 
(1
)
 
Other income (expense)
Total derivatives not designated as hedging instruments
$
8

 
$
(1
)
 
 
 
Nine Months Ended
 
Statement of
Operations Location
Gain (loss) on Derivative Instruments
September 28,
2013
 
September 29,
2012
 
Derivatives not designated as hedging instruments:
 
 
 
 
 
Interest rate contracts
$
1

 
$
(1
)
 
Other income (expense)
Foreign exchange contracts
(1
)
 
(5
)
 
Other income (expense)
Total derivatives not designated as hedging instruments
$

 
$
(6
)
 
 
The following tables summarize the gains and losses recognized in the condensed consolidated financial statements for the three and nine months ended September 28, 2013 and September 29, 2012: 
 
Three Months Ended
 
Nine Months Ended
 
Financial Statement
Location
Foreign Exchange Contracts
September 28,
2013
 
September 29,
2012
 
September 28, 2013
 
September 29, 2012
 
Derivatives in cash flow hedging relationships:
 
 
 
 
 
 
 
 
 
Other comprehensive gains (losses) before reclassifications
$
(1
)
 
$
1

 
$
(1
)
 
$
2

 
Accumulated other
comprehensive loss
Losses (gains) reclassified from Accumulated other comprehensive loss into Net earnings

 
1

 
(1
)
 
2

 
Costs of sales