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Financial Instruments (Tables)

12 Months Ended

Dec. 31, 2019

Derivative Instruments and Hedging Activities Disclosure [Abstract]

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

At December 31, 2019, 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				Peso amount				Weighted average rate
2020			173				1.31238				6,271				0.04824
2020			(759	)			0.76562				(25	)			20.37835
2021			19				1.31855				2,749				0.04624
2021			(479	)			0.76856				—				—
2022			6				1.32105				1,074				0.04675
2022			(263	)			0.76649				—				—
2023			(52	)			0.76140				—				—
2024			(14	)			0.75235				—				—
			(1,369	)							10,069

		For euros
Buy (Sell)		U.S dollar amount				Weighted average rate				Czech koruna amount				Weighted average rate
2020			196				0.85601				4,582				0.03834
2020			(117	)			1.15358				—				—
2021			89				0.82944				2,576				0.03757
2021			(34	)			1.21681				—				—
2022			48				0.81676				468				0.03762
2022			(4	)			1.21233				—				—
2023			23				0.81607				—				—
2023			(2	)			1.19193				—				—
2024			7				0.83511				—				—
			206								7,626

Schedule of Company's Financial Assets and Liabilities

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

		2019				2018
Financial assets
Cash and cash equivalents		$	1,276			$	684
Restricted cash equivalents			116				118
Accounts receivable			5,927				6,548
Publicly traded and private equity investments			99				323
Severance investments			1				3
Long-term receivables included in other assets [note 14]			217				198
Financial assets held for sale [note 3]
Accounts receivable held for sale			—				258
Severance investments held for sale			—				1
		$	7,636			$	8,133
Financial liabilities
Bank indebtedness [note 17]		$	—			$	35
Commercial paper [note 17]			—				1,063
Long-term debt (including portion due within one year)			3,168				3,285
Accounts payable			5,628				6,094
Financial liabilities held for sale [note 3]
Accounts payable held for sale			—				226
		$	8,796			$	10,703
Derivatives designated as effective hedges, measured at fair value
Foreign currency contracts
Prepaid expenses and other		$	46			$	25
Other assets			24				9
Other accrued liabilities			(10	)			(61	)
Other long-term liabilities			(8	)			(40	)
		$	52			$	(67	)

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 impacts of master netting arrangements:

		Gross				Gross
		amounts				amounts
		presented				not offset
		in consolidated				in consolidated				Net
		balance sheets				balance sheets				amounts
December 31, 2019
Assets		$	70			$	15			$	55
Liabilities		$	(18	)		$	(15	)		$	(3	)
December 31, 2018
Assets		$	34			$	33			$	1
Liabilities		$	(101	)		$	(33	)		$	(68	)

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Tabular disclosure of derivative instruments (including nonderivative instruments that are designated and qualify as hedging instruments) of (a) the location and amount of gains and losses reported in the statement of financial performance and (b) the location and fair value amounts of the instruments reported in the statement of financial position.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 815
-SubTopic 10
-Section 50
-Paragraph 4A
-URI http://asc.fasb.org/extlink&oid=109980867&loc=SL5618551-113959

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Tabular disclosure of the presentation of foreign exchange contracts on the statement of financial position, including the fair value amounts and location of such amounts.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 815
-SubTopic 10
-Section 50
-Paragraph 4B
-Subparagraph (c)(1)
-URI http://asc.fasb.org/extlink&oid=109980867&loc=SL5624163-113959

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