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Derivative Financial Instruments (Tables)
3 Months Ended
Mar. 31, 2023
Derivative Instruments and Hedging Activities Disclosure [Abstract]  
Effect of derivative financial instruments The table below presents the effect of our derivative financial instruments on the Condensed Consolidated Income Statements and Statements of Comprehensive Income:
Three Months Ended
 March 31,
(in millions)20232022
Cash Flow Hedges
Foreign Exchange Contracts
Amount of gain (loss) recognized in OCL$4 $(6)
Amount of loss reclassified from OCL into Revenue3 
Amount of loss reclassified from OCL into Cost of revenue2 — 
Net Investment Hedges
Cross-Currency Swaps
Amount of gain (loss) recognized in OCL$(22)$
Amount of income recognized in Interest expense7 
Foreign Currency Denominated Debt
Amount of gain recognized in OCL$ $
Fair values of foreign exchange contracts The fair values of our derivative contracts currently included in our hedging program were as follows:
(in millions)March 31,
2023
December 31,
2022
Derivatives designated as hedging instruments
Assets
Cash Flow Hedges
  Prepaid and other current assets$6 $— 
Net Investment Hedges
Other non-current assets$66 $79 
Liabilities
Cash Flow Hedges
  Accrued and other current liabilities$(2)$— 
Net Investment Hedges
Other non-current accrued liabilities$(14)$(6)