DERIVATIVE FINANCIAL INSTRUMENTS (Tables)

9 Months Ended

Sep. 30, 2019

Derivative Instruments And Hedging Activities Disclosure [Abstract]

Schedule of Fair Value by Underlying Risk and Balance Sheet Classification

The following table presents the total fair value of the derivatives by underlying risk and balance sheet classification:  

	September 30, 2019				December 31, 2018
	Derivatives designated as cash flow hedges		Derivatives not designated as cash flow hedges		Derivatives designated as cash flow hedges		Derivatives not designated as cash flow hedges
	(In millions)
Other current assets	$	2	$	1	$	3	$	3
Other non-current assets		-		1		-		-
Total derivatives asset	$	2	$	2	$	3	$	3
Accrued liabilities	$	41	$	2	$	10	$	3
Other non-current liabilities		66		1		32		-
Total derivatives liability	$	107	$	3	$	42	$	3

Schedule of Total Value by Underlying Risk Recognized in Other Comprehensive Income and Reclassified from AOCI to Statement of Operations

The following table presents the total value, by underlying risk, recognized in other comprehensive income and reclassified from AOCI to our Statements of Operations, in connection with derivatives:

	Three Months Ended September 30,						Nine Months Ended September 30,
	2019			2018			2019			2018
	(In millions)						(In millions)
Amount of gain (loss) recognized in other comprehensive income (loss)
Foreign exchange hedges	$	(25	)	$	(11	)	$	(29	)	$	(16	)
Interest rate hedges		(9	)		10			(52	)		-
Gain (loss) recognized on derivatives designated as cash flow hedges
Foreign exchange hedges
Revenue		(2	)		-			(7	)		-
Cost of operations		(3	)		(2	)		(2	)		(2	)
Interest rate hedges
Interest expense		(1	)		(1	)		(4	)		(1	)
Gain (loss) recognized on derivatives not designated as cash flow hedges
Foreign exchange hedges
Revenue		-			-			2			-
Cost of operations		-			(2	)		-			(12	)