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Derivative Instruments (Tables) | 6 Months Ended
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Jun. 30, 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 |  | June 30, 2018 |  | December 31, 2017
Derivative instruments designated as hedges: |  |  |  |  |
Foreign exchange contracts | Prepaid expenses and other current assets |  | $ | 16 |  |  | $ | — |
Foreign exchange contracts | Accrued liabilities |  | — |  |  | (9 | )
Forward interest rate swaps | Accrued liabilities |  | (1 | ) |  | (2 | )
Forward interest rate swaps | Other long-term liabilities |  | (1 | ) |  | (8 | )
Total derivative instruments designated as hedges |  |  | $ | 14 |  |  | $ | (19 | )
Derivative instruments not designated as hedges: |  |  |  |  |
Foreign exchange contracts | Prepaid expenses and other current assets |  | $ | 1 |  |  | $ | — |
Forward interest rate swaps | Other long-term assets |  | 12 |  |  | — |
Foreign exchange contracts | Accrued liabilities |  | — |  |  | (2 | )
Forward interest rate swaps | Accrued liabilities |  | (3 | ) |  | (1 | )
Forward interest rate swaps | Other long-term liabilities |  | — |  |  | (7 | )
Total derivative instruments not designated as hedges |  |  | $ | 10 |  |  | $ | (10 | )
Total net derivative asset (liability) |  |  | $ | 24 |  |  | $ | (29 | )
Derivative Instruments, Gains (Losses) from Changes in Fair Values | The following table presents the gains (losses) from changes in fair values of derivatives that are not designated as hedges (in millions):
| Gain (Loss) Recognized in Income
|  |  | Three Months Ended |  | Six Months Ended
| Statements of Operations Classification |  | June 30, 2018 |  | July 1, 2017 |  | June 30, 2018 |  | July 1, 2017
Derivative instruments not designated as hedges: |  |  |  |  |  |  |  |  |
Foreign exchange contracts | Foreign exchange gain (loss) gain |  | $ | 1 |  |  | $ | (11 | ) |  | $ | 1 |  |  | $ | (16 | )
Forward interest rate swaps | Interest expense, net |  | 5 |  |  | — |  |  | 18 |  |  | 1 |
Total gain (loss) recognized in income |  |  | $ | 6 |  |  | $ | (11 | ) |  | $ | 19 |  |  | $ | (15 | )
Schedule of Notional Values and Net Fair Value of Forward Contracts | The notional values and the net fair value of these outstanding contracts are as follows (in millions):
| June 30, 2018 |  | December 31, 2017
Notional balance of outstanding contracts: |  |  |
British Pound/U.S. Dollar | £ | 16 |  |  | £ | 13 |
Euro/U.S. Dollar | € | 71 |  |  | € | 108 |
British Pound/Euro | £ | 5 |  |  | £ | 5 |
Canadian Dollar/U.S. Dollar | $ | 7 |  |  | $ | 12 |
Czech Koruna/U.S. Dollar | Kč | 378 |  |  | Kč | 361 |
Brazilian Real/U.S. Dollar | R$ | 31 |  |  | R$ | 34 |
Australian Dollar/U.S. Dollar | A$ | 50 |  |  | A$ | 55 |
Swedish Krona/U.S. Dollar | kr | 14 |  |  | kr | 13 |
Japanese Yen/U.S. Dollar | ¥ | 144 |  |  | ¥ | 151 |
Singapore Dollar/U.S. Dollar | S$ | 6 |  |  | S$ | 4 |
Mexican Peso/U.S. Dollar | Mex$ | 127 |  |  | Mex$ |  |
Chinese Yuan/U.S. Dollar | ¥ | 44 |  |  | ¥ |  |
Net fair value of asset (liability) of outstanding contracts | $ | 1 |  |  | $ | (2 | )
Schedule of Gross and Net Amount Offset | The following table presents the (liability) asset gross fair values and related offsetting counterparty fair values as well as the net fair value amounts at June 30, 2018 (in millions):
| Gross Fair Value |  | Offsetting Counterparty Fair Value |  | Net Fair Value in the Consolidated Balance Sheets
Counterparty A | $ | (3 | ) |  | $ | (1 | ) |  | $ | (2 | )
Counterparty B | (1 | ) |  | — |  |  | (1 | )
Counterparty C | (1 | ) |  | — |  |  | (1 | )
Counterparty D | (2 | ) |  | (1 | ) |  | (1 | )
Counterparty E | (1 | ) |  | — |  |  | (1 | )
Counterparty F | 15 |  |  | — |  |  | 15 |
Counterparty G | (2 | ) |  | — |  |  | (2 | )
Total | $ | 5 |  |  | $ | (2 | ) |  | $ | 7 |
Schedule of Interest Rate Swaps Notional Amounts by Year | The interest rate swaps have future maturities consisting of the following notional amounts per year (in millions):
Year 2018 | $ | — |
Year 2019 | 1,344 |
Year 2020 | 1,072 |
Year 2021 | 1,072 |
Year 2022 | 800 |
Notional balance of outstanding contracts | $ | 4,288 |

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