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Derivative Instruments (Tables) | 9 Months Ended
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Sep. 30, 2017
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 Value
| Balance Sheet Classification |  | September 30, 2017 |  | December 31, 2016
Derivative instruments designated as hedges: |  |  |  |  |
Foreign exchange contracts | Prepaid expenses and other current assets |  | $ | — |  |  | $ | 12 |
Foreign exchange contracts | Accrued liabilities |  | (7 | ) |  | — |
Forward interest rate swaps | Accrued liabilities |  | (4 | ) |  | (3 | )
Forward interest rate swaps | Other long-term liabilities |  | (11 | ) |  | (13 | )
Total derivative instruments designated as hedges |  |  | $ | (22 | ) |  | $ | (4 | )
Derivative instruments not designated as hedges: |  |  |  |  |
Foreign exchange contracts | Prepaid expenses and other current assets |  | $ | — |  |  | $ | 11 |
Foreign exchange contracts | Accrued liabilities |  | (6 | ) |  | — |
Forward interest rate swaps | Accrued liabilities |  | (2 | ) |  | (1 | )
Forward interest rate swaps | Other long-term liabilities |  | (6 | ) |  | (10 | )
Total derivative instruments not designated as hedges |  |  | (14 | ) |  | — |
Total Net Derivative Liability |  |  | $ | (36 | ) |  | $ | (4 | )
Derivative Instruments, Gain (Loss) | The following table presents the (losses) gains from changes in fair values of derivatives that are not designated as hedges (in millions):
| (Loss) Gain Recognized in Income
|  | Three Months Ended |  | Nine Months Ended
| Statements of Operations Classification | September 30, 2017 |  | October 1, 2016 |  | September 30, 2017 |  | October 1, 2016
Derivative instruments not designated as hedges: |  |  |  |  |  |  |  |
Foreign exchange contracts | Foreign exchange loss | $ | (6 | ) |  | $ | (3 | ) |  | $ | (22 | ) |  | $ | (6 | )
Forward interest rate swaps | Interest expense, net | 1 |  |  | — |  |  | 2 |  |  | 2 |
Total loss recognized in income |  | $ | (5 | ) |  | $ | (3 | ) |  | $ | (20 | ) |  | $ | (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 follow (in millions):
| September 30, 2017 |  | December 31, 2016
Notional balance of outstanding contracts: |  |  |
British Pound/U.S. dollar | £ | 10 |  |  | £ | 3 |
Euro/U.S. dollar | € | 93 |  |  | € | 148 |
British Pound/Euro | £ | 5 |  |  | £ | 8 |
Canadian Dollar/U.S. dollar | $ | 14 |  |  | $ | 13 |
Czech Koruna/U.S. dollar | Kč | 417 |  |  | Kč | 147 |
Brazilian Real/U.S. dollar | R$ | 56 |  |  | R$ | 56 |
Malaysian Ringgit/U.S. dollar | RM | — |  |  | RM | 16 |
Australian Dollar/U.S. dollar | $ | 16 |  |  | $ | 50 |
Swedish Krona/U.S. dollar | kr | 11 |  |  | kr | 7 |
Japanese yen/U.S. dollar | ¥ | 461 |  |  | ¥ | 48 |
Singapore dollar/U.S. dollar | S$ | 5 |  |  | S$ | 15 |
Net fair value (liability) asset of outstanding contracts | $ | (6 | ) |  | $ | 11 |
Schedule of Gross and Net Amount Offset | The following table presents the gross fair values and related offsetting counterparty fair values as well as the net fair value amounts at September 30, 2017 (in millions):
| Gross Fair Value |  | Counterparty Offsetting |  | Net Fair Value in the Consolidated Balance Sheets
Counterparty A | $ | 10 |  |  | $ | 6 |  |  | $ | 4 |
Counterparty B | 4 |  |  | 2 |  |  | 2 |
Counterparty C | 3 |  |  | 1 |  |  | 2 |
Counterparty D | 7 |  |  | 3 |  |  | 4 |
Counterparty E | 4 |  |  | 1 |  |  | 3 |
Counterparty F | 4 |  |  | 1 |  |  | 3 |
Counterparty G | 5 |  |  | — |  |  | 5 |
Total | $ | 37 |  |  | $ | 14 |  |  | $ | 23 |
Schedule of Notional Amounts by Year | The interest rate swaps have future maturities consisting of the following notional amounts per year (in millions):
Year 2017 | $ | — |
Year 2018 | 544 |
Year 2019 | 544 |
Year 2020 | 272 |
Year 2021 | 272 |
Notional balance of outstanding contracts | $ | 1,632 |

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