XML 43 R30.htm IDEA: XBRL DOCUMENT v3.20.2
Derivative Instruments and Hedging Activities (Tables)
9 Months Ended
Sep. 30, 2020
Derivative Instruments And Hedging Activities Disclosure [Abstract]  
Effect of Derivative Instruments Designated as Cash Flow Hedges and Not Designated as Hedges on Consolidated Statement of (Loss) Income

The effect of derivative instruments designated as cash flow hedges, and those not designated as hedges, on the Consolidated Statement of Loss was as follows:

 

 

 

 

 

 

 

 

 

 

(Stated in millions)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Gain (Loss) Recognized in Loss

 

 

 

 

Third Quarter

 

 

Nine Months

 

 

 

 

2020

 

 

2019

 

 

2020

 

 

2019

 

 

Consolidated Statement of Loss Classification

Derivatives designated as cash flow hedges:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Foreign exchange contracts

$

(7

)

 

$

(3

)

 

$

(12

)

 

$

(7

)

 

Cost of services/sales

Cross currency swaps

 

197

 

 

 

(2

)

 

 

347

 

 

 

(40

)

 

Cost of services/sales

 

$

190

 

 

$

(5

)

 

$

335

 

 

$

(47

)

 

 

Derivatives not designated as hedges:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Foreign exchange contracts

$

(14

)

 

$

-

 

 

$

(12

)

 

$

(8

)

 

Cost of services/sales