XML 27 R29.htm IDEA: XBRL DOCUMENT v2.4.0.6
Derivative Instruments (Tables)
3 Months Ended
Mar. 31, 2012
Derivative Instruments  
Effect of commodity futures contracts designated as cash flow hedges on the results of operations

 

 

 

 

 

 

Amount of Loss

 

 

 

 

 

Reclassified from

 

Amount of Loss

 

Accumulated OCI into

 

Recognized in OCI on

 

Income (reported in

 

Commodity Futures Contracts

 

manufacturing, shipping, and

 

(Effective Portion)

 

delivery) (Effective Portion)

 

2012

 

2011

 

2012

 

2011

 

 

 

 

 

 

 

 

 

$

(3

)

$

(1

)

$

(3

)

$

(2

)

Effect of senior notes designated as net investment hedge on the results of operations

 

 

Amount of Loss Recognized in
OCI

 

$

(18

)

Effect of the forward exchange contracts not designated as hedging instruments on the results of operations

 

 

 

 

Amount of Gain (Loss)

 

Location of Gain (Loss)

 

Recognized in Income on

 

Recognized in Income on

 

Forward Exchange Contracts

 

Forward Exchange Contracts

 

2012

 

2011

 

 

 

 

 

 

 

Other expense

 

$

1

 

$

(7

)

Balance Sheet Classification of derivative instruments

 

 

 

 

Balance

 

Fair Value

 

 

 

Sheet
Location

 

March 31, 2012

 

December 31,
2011

 

March 31, 2011

 

 

 

 

 

 

 

 

 

 

 

Asset Derivatives:

 

 

 

 

 

 

 

 

 

Derivatives not designated as hedging instruments:

 

 

 

 

 

 

 

 

 

Foreign exchange contracts

 

a

 

$

8

 

$

13

 

$

6

 

Foreign exchange contracts

 

b

 

 

 

 

 

4

 

Foreign exchange contracts

 

c

 

1

 

 

 

1

 

Total derivatives not designated as hedging instruments

 

 

 

9

 

13

 

11

 

Total asset derivatives

 

 

 

$

9

 

$

13

 

$

11

 

 

 

 

 

 

 

 

 

 

 

Liability Derivatives:

 

 

 

 

 

 

 

 

 

Derivatives designated as hedging instruments:

 

 

 

 

 

 

 

 

 

Commodity futures contracts

 

c

 

$

6

 

$

6

 

$

2

 

 

 

 

 

 

 

 

 

 

 

Derivatives not designated as hedging instruments:

 

 

 

 

 

 

 

 

 

Foreign exchange contracts

 

c

 

4

 

4

 

15

 

Total liability derivatives

 

 

 

$

10

 

$

10

 

$

17