XML 51 R36.htm IDEA: XBRL DOCUMENT v3.20.2
Derivatives and Hedging Instruments (Tables)
6 Months Ended
Jun. 30, 2020
Derivative Instruments and Hedging Activities Disclosure [Abstract]  
Schedule Location and Amounts of Derivative Fair Values in the Condensed Consolidated Balance Sheets The following tables provide information on the location and amounts of derivative fair values in the Condensed Consolidated Balance Sheets:
Fair Values of Derivative Instruments
June 30, 2020
In millions
Balance Sheet
Location
Notional
Amount
Fair
Value
Balance Sheet
Location
Notional
Amount
Fair
Value
Derivatives designated as hedging instruments
Foreign exchange contractsOther current assets$155  $ Other current liabilities$79  $ 
Total derivatives designated as hedging instruments$ $ 
Derivatives not designated as hedging instruments
Foreign exchange contractsOther current assets$174  $ Other current liabilities$319  $ 
Total derivatives not designated as hedging instruments$ $ 
Total derivatives$ $ 
 Fair Values of Derivative Instruments
 December 31, 2019
In millions
Balance Sheet
Location
Notional
Amount
Fair
Value
Balance Sheet
Location
Notional
Amount
Fair
Value
Derivatives designated as hedging instruments
Foreign exchange contractsOther current assets$55  $ Other current liabilities$—  $—  
Total derivatives designated as hedging instruments$ $—  
Derivatives not designated as hedging instruments
Foreign exchange contractsOther current assets$71  $ Other current liabilities$264  $ 
Total derivatives not designated as hedging instruments$ $ 
Total derivatives$ $ 
Schedule Effects of Derivative Instruments on the Condensed Consolidated Statements of Operations and Condensed Consolidated Statements of Comprehensive Income
The effects of derivative instruments on the Condensed Consolidated Statements of Operations and Condensed Consolidated Statements of Comprehensive Income for the three and six months ended June 30, 2020 and 2019 were as follows:
In millionsAmount of Gain (Loss) Recognized in Other Comprehensive Income (OCI) on Derivative  Amount of (Gain) Loss Reclassified from AOCI into the Condensed Consolidated Statement of Operations
Derivatives in Cash Flow Hedging RelationshipsFor the three months ended June 30, 2020For the three months ended June 30, 2019Location of (Gain) Loss Reclassified from AOCI into the Condensed Consolidated Statement of OperationsFor the three months ended June 30, 2020For the three months ended June 30, 2019
Foreign exchange contracts$(3) $—  Cost of products$—  $(2) 
In millionsAmount of Gain (Loss) Recognized in Other Comprehensive Income (OCI) on Derivative  Amount of (Gain) Loss Reclassified from AOCI into the Condensed Consolidated Statement of Operations
Derivatives in Cash Flow Hedging RelationshipsFor the six months ended June 30, 2020For the six months ended June 30, 2019Location of (Gain) Loss Reclassified from AOCI into the Condensed Consolidated Statement of OperationsFor the six months ended June 30, 2020For the six months ended June 30, 2019
Foreign exchange contracts$—  $ Cost of products$(1) $(3) 
In millions Amount of Gain (Loss) Recognized in the Condensed Consolidated Statement of Operations
Three months ended June 30Six months ended June 30
Derivatives not Designated as Hedging InstrumentsLocation of Gain (Loss) Recognized in the Condensed Consolidated Statement of Operations2020201920202019
Foreign exchange contractsOther (expense), net$ $(3) $11  $(8)