Financial Instruments (Tables)

12 Months Ended

Dec. 31, 2015

Investments, All Other Investments [Abstract]

Foreign Exchange Forward Contracts Representing Commitments to Buy and Sell Various Foreign Currencies

At December 31, 2015, the Company had outstanding foreign exchange forward contracts representing commitments to buy and sell various foreign currencies. Significant commitments are as follows:


	For Canadian dollars										For U.S. dollars
Buy (Sell)	U.S. dollar amount			Weighted average rate		Euro amount			Weighted average rate		Peso amount		Weighted average rate
2016		276			1.30051		44			1.45543		4,248		0.06751
2016		(932	)		0.82317		(11	)		0.67901		—		—
2017		7			1.23553		14			1.44220		2,689		0.06269
2017		(577	)		0.81685		—			—		—		—
2018		—			—		—			—		780		0.05619
2018		(416	)		0.79299		—			—		—		—
2019		(278	)		0.78519		—			—		—		—
2020		(117	)		0.76577		—			—		—		—

		(2,037	)				47					7,717


	For euros
Buy (Sell)	U.S. dollar amount			Weighted average rate		GBP amount			Weighted average rate		Czech koruna amount			Weighted average rate
2016		101			0.87463		11			1.40949		3,377			0.03709
2016		(153	)		1.20933		(13	)		0.80758		(2	)		26.84500
2017		38			0.88127		—			—		2,168			0.03720
2017		(84	)		1.23216		(9	)		0.81324		—			—
2018		15			0.87239		—			—		1,031			0.03774
2018		(45	)		1.18114		(7	)		0.73974		—			—
2019		5			0.85873		—			—		—			—
2019		(17	)		1.16813		(4	)		0.74603		—			—
2020		(2	)		1.17400		—			—		—			—

		(142	)				(22	)				6,574

Schedule of Company's Financial Assets and Liabilities

The Company’s financial assets and liabilities consist of the following:


	2015			2014
Trading
Cash and cash equivalents	$	2,863		$	1,249
Investment in ABCP		73			88
Equity investments		4			—

	$	2,940		$	1,337

Available-for-sale investments
Equity investments	$	—		$	5

Held-to-maturity investments
Severance investments	$	3		$	4

Loans and receivables
Accounts receivable	$	5,439		$	5,316
Long-term receivables included in other assets [note 14]		87			85

	$	5,526		$	5,401

Other financial liabilities
Bank indebtedness	$	25		$	30
Long-term debt (including portion due within one year)		2,557			995
Accounts payable		4,746			4,765

	$	7,328		$	5,790

Derivatives designated as effective hedges, measured at fair value
Foreign currency contracts
Prepaid expenses and other	$	27		$	21
Other assets		4			8
Other accrued liabilities		(191	)		(90	)
Other long-term liabilities		(152	)		(80	)

		(312	)		(141	)
Commodity contracts
Other accrued liabilities		—			(1	)

	$	(312	)	$	(142	)

Derivative Foreign Currency Contracts at Gross Fair Value and Unrecognized Impacts of Master Netting Arrangements

The following table shows the Company’s derivative foreign currency contracts at gross fair value as reflected in the consolidated balance sheets and the unrecognized impact of master netting arrangements:


	Gross			Gross
	amounts			amounts
	presented			not offset
	in consolidated			in consolidated			Net
	balance sheets			balance sheets			amounts
December 31, 2015
Assets	$	31		$	30		$	1
Liabilities	$	(343	)	$	(30	)	$	(313	)
December 31, 2014
Assets	$	29		$	28		$	1
Liabilities	$	(170	)	$	(28	)	$	(142	)