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Derivative Instruments (Tables)
 3 Months Ended
Mar. 31, 2018
Derivative Instruments and Hedging Activities Disclosure [Abstract]  
Schedule of Derivative Assets and Liabilities
The following table presents the fair value of its derivative instruments (in millions):
 
Asset (Liability) Derivatives
 
 
 
Fair Values as of
 
Balance Sheet Classification
 
March 31,
2018
 
December 31,
2017
Derivative instruments designated as hedges:
 
 
 
 
 
    Foreign exchange contracts
Accrued liabilities
 
$
(11
)
 
$
(9
)
    Forward interest rate swaps
Accrued liabilities
 
—

 
(2
)
    Forward interest rate swaps
Other long-term liabilities
 
(4
)
 
(8
)
Total derivative instruments designated as hedges

 
$
(15
)
 
$
(19
)
 
 
 
 
 
 
Derivative instruments not designated as hedges:

 
 
 
 
    Foreign exchange contracts
Accrued liabilities
 
$
—

 
$
(2
)
    Forward interest rate swaps
Accrued liabilities
 
(1
)
 
(1
)
    Forward interest rate swaps
Other long-term liabilities
 
5

 
(7
)
Total derivative instruments not designated as hedges
 
 
4

 
(10
)
Total net derivative liability
 
 
$
(11
)
 
$
(29
)
Derivative Instruments, Gain (Loss)
The following table presents the gains (losses) from changes in fair values of derivatives that are not designated as hedges (in millions):
 
(Loss) Gain Recognized in Income
 
 
 
Three Months Ended
 
Statements of Operations Classification
 
March 31,
2018
 
April 1,
2017
Derivative instruments not designated as hedges:
 
 
 
 
 
    Foreign exchange contracts
Foreign exchange loss
 
$
—

 
$
(5
)
    Forward interest rate swaps
Interest expense, net
 
13

 
1

Total gain (loss) recognized in income
 
 
$
13

 
$
(4
)
Financial Information Related to Hedging of Net Assets Included in Consolidated Statements of Operations
The notional values and the net fair value of these outstanding contracts are as follows (in millions):
 
March 31,
2018
 
December 31,
2017
Notional balance of outstanding contracts:
 
 
 
British Pound/U.S. dollar
£
3

 
£
13

Euro/U.S. dollar
€
82

 
€
108

British Pound/Euro
£
5

 
£
5

Canadian Dollar/U.S. dollar
$
1

 
$
12

Czech Koruna/U.S. dollar
Kč
368

 
Kč
361

Brazilian Real/U.S. dollar
R$
22

 
R$
34

Australian Dollar/U.S. dollar
$
48

 
$
55

Swedish Krona/U.S. dollar
kr
13

 
kr
13

Japanese yen/U.S. dollar
¥
250

 
¥
151

Singapore dollar/U.S. dollar
S$
3

 
S$
4

Net fair value of (liability) asset of outstanding contracts
$
—

 
$
(2
)
Schedule of Gross and Net Amount Offset
The following table presents the asset (liability) gross fair values and related offsetting counterparty fair values as well as the net fair value amounts at March 31, 2018 (in millions):
 
Gross Fair
Value
 
Offsetting Counterparty Fair Value
 
Net Fair
Value in the
Consolidated
Balance
Sheets
Counterparty A
$
4

 
$
2

 
$
2

Counterparty B
2

 
1

 
1

Counterparty C
2

 
1

 
1

Counterparty D
3

 
1

 
2

Counterparty E
2

 
1

 
1

Counterparty F
(10
)
 
(1
)
 
(9
)
Counterparty G
2

 
—

 
2

Total
$
5

 
$
5

 
$
—
Schedule of Notional Amounts by Year
The interest rate swaps have future maturities consisting of the following notional amounts per year (in millions):
Year 2018
$
544

Year 2019
1,344

Year 2020
1,072

Year 2021
1,072

Year 2022
800

Notional balance of outstanding contracts
$
4,832