XML 103 R40.htm IDEA: XBRL DOCUMENT
v3.19.3.a.u2

Financial Instruments (Tables) | 12 Months Ended
--- | ---
Dec. 31, 2019
Derivative Instruments and Hedging Activities Disclosure [Abstract] |
Schedule of Price Risk Derivatives [Table Text Block] |
|  | Commodity derivative contracts
|  | Volume hedged |  | Volume hedged |  |  |  |
Commodity |  | December 31, 2019 |  | December 31, 2018 |  | Units of measure |  | Duration
Copper |  | 203 |  |  | 257 |  |  | Metric Tons |  | Dec - 20
Foreign Exchange Derivative Contracts Outstanding [Text Block] |
Foreign currency derivatives (in millions)
Functional currency |  | Traded currency |  | Notional in traded currency December 31, 2019 |  | Notional in traded currency December 31, 2018 |  | Ending duration
Brazilian real |  | Euro |  | 1 |  |  | 4 |  |  | Mar - 20
Brazilian real |  | US dollar |  | — |  |  | 5 |  |  | Jun - 19
British pound |  | Euro |  | 9 |  |  | — |  |  | Mar - 20
British pound |  | US dollar |  | 4 |  |  | — |  |  | Mar - 20
Chinese renminbi |  | US dollar |  | 2 |  |  | — |  |  | Aug - 20
Euro |  | British pound |  | — |  |  | 7 |  |  | Oct - 19
Euro |  | Japanese yen |  | 383 |  |  | — |  |  | Dec - 20
Euro |  | Swedish krona |  | — |  |  | 540 |  |  | Jun - 19
Euro |  | US dollar |  | 18 |  |  | 19 |  |  | Dec - 20
Japanese yen |  | Chinese renminbi |  | — |  |  | 89 |  |  | Dec - 19
Japanese yen |  | Korean won |  | — |  |  | 5,785 |  |  | Dec - 19
Japanese yen |  | US dollar |  | — |  |  | 3 |  |  | Dec - 19
Korean won |  | Euro |  | 13 |  |  | 6 |  |  | Dec - 20
Korean won |  | Japanese yen |  | 409 |  |  | 266 |  |  | Dec - 20
Korean won |  | US dollar |  | 4 |  |  | 7 |  |  | Dec - 20
Swedish krona |  | Euro |  | 3 |  |  | 56 |  |  | Jan - 20
US dollar |  | Euro |  | 14 |  |  | — |  |  | Dec - 20
US dollar |  | Mexican peso |  | — |  |  | 575 |  |  | Dec - 19
Schedule of Foreign Exchange Contracts, Statement of Financial Position [Table Text Block] |
| Cross-currency swaps
(in millions) | December 31, 2019 |  | December 31, 2018 |  | Ending duration
US dollar to Euro: |  |  |  |  |
Fixed receiving notional | $ | 500 |  |  | $ | 250 |  |  | Mar - 25
Fixed paying notional | € | 450 |  |  | € | 206 |  |  | Mar - 25
US dollar to Japanese yen: |  |  |  |  |
Fixed receiving notional | $ | 100 |  |  | $ | 100 |  |  | Feb - 23
Fixed paying notional | ¥ | 10,978 |  |  | ¥ | 10,978 |  |  | Feb - 23
Schedule of Derivative Instruments in Statement of Financial Position, Fair Value [Text Block] |
(in millions) |  | Assets |  | Liabilities
Derivatives designated as hedging instruments Under Topic 815: |  | Location |  | December 31, 2019 |  | December 31, 2018 |  | Location |  | December 31, 2019 |  | December 31, 2018
Foreign currency |  | Prepayments and other current assets |  | $ | — |  |  | $ | 2 |  |  | Accounts payable and accrued expenses |  | $ | 1 |  |  | $ | 2 |
Net investment hedges |  | Other non-current assets |  | $ | 3 |  |  | $ | 12 |  |  | Other non-current liabilities |  | $ | 8 |  |  | $ | — |
Derivatives not designated as hedging instruments |  |  |  |  |  |  |  |  |  |  |  |
Foreign currency |  | Prepayments and other current assets |  | $ | — |  |  | $ | 1 |  |  | Accounts payable and accrued expenses |  | $ | — |  |  | $ | — |
Schedule of Cash Flow Hedges Included in Accumulated Other Comprehensive Income (Loss) [Table Text Block] |
(in millions) |  | Deferred gain (loss) in AOCI at |  | Gain (loss) expected to be reclassified to income in one year or less
Contract Type |  | December 31, 2019 |  | December 31, 2018 |
Net investment hedges: |  |  |  |  |  |
Foreign currency |  | 5 |  |  | 4 |  |  | — |
Cross-currency swaps |  | 16 |  |  | 12 |  |  | — |
Foreign currency denominated debt |  | (17 | ) |  | (30 | ) |  | — |
Total |  | $ | 4 |  |  | $ | (14 | ) |  | $ | — |
Derivative Instruments, Gain (Loss) [Table Text Block] |
|  | Year Ended December 31, 2019
(in millions) |  | Net sales |  | Cost of sales |  | Selling, general and administrative expenses |  | Other comprehensive income
Total amounts of earnings and other comprehensive income line items in which the effects of cash flow hedges are recorded |  | $ | 10,168 |  |  | $ | 8,067 |  |  | $ | 873 |  |  | $ | (53 | )
Gain (loss) on cash flow hedging relationships: |  |  |  |  |  |  |  |
Foreign currency |  |  |  |  |  |  |  |
Gain (loss) recognized in other comprehensive income |  |  |  |  |  |  |  | $ | (1 | )
Gain (loss) reclassified from AOCI to income |  | $ | (5 | ) |  | $ | 1 |  |  | $ | 3 |  |  | $ | — |
|  | Year Ended December 31, 2018
(in millions) |  | Net sales |  | Cost of sales |  | Selling, general and administrative expenses |  | Other comprehensive income
Total amounts of earnings and other comprehensive income line items in which the effects of cash flow hedges are recorded |  | $ | 10,530 |  |  | $ | 8,300 |  |  | $ | 946 |  |  | $ | (170 | )
Gain (loss) on cash flow hedging relationships: |  |  |  |  |  |  |  |
Foreign currency |  |  |  |  |  |  |  |
Gain (loss) recognized in other comprehensive income |  |  |  |  |  |  |  | $ | (1 | )
Gain (loss) reclassified from AOCI to income |  | $ | (2 | ) |  | $ | (1 | ) |  | $ | — |  |  | $ | — |
|  | Year Ended December 31, 2017
(in millions) |  | Net sales |  | Cost of sales |  | Selling, general and administrative expenses |  | Other comprehensive income
Total amounts of earnings and other comprehensive income line items in which the effects of cash flow hedges are recorded |  | $ | 9,799 |  |  | $ | 7,684 |  |  | $ | 899 |  |  | $ | 232 |
Gain (loss) on cash flow hedging relationships: |  |  |  |  |  |  |  |
Foreign currency |  |  |  |  |  |  |  |
Gain (loss) recognized in other comprehensive income |  |  |  |  |  |  |  | $ | (5 | )
Gain (loss) reclassified from AOCI to income |  | $ | 3 |  |  | $ | — |  |  | $ | — |  |  | $ | — |
Commodity |  |  |  |  |  |  |  |
Gain (loss) recognized in other comprehensive income |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | 1 |
Gain (loss) reclassified from AOCI to income |  | $ | — |  |  | $ | 1 |  |  | $ | — |  |  | $ | — |
Schedule of Net Investment Hedges in Accumulated Other Comprehensive Income (Loss) [Table Text Block] |
(in millions) |  | Year Ended December 31,
Net investment hedges |  | 2019 |  | 2018 |  | 2017
Foreign currency |  | $ | 1 |  |  | $ | 2 |  |  | $ | (8 | )
Cross-currency swaps |  | $ | 4 |  |  | $ | 12 |  |  | $ | — |
Foreign currency denominated debt |  | $ | 13 |  |  | $ | 27 |  |  | $ | (84 | )
Schedule of Net Investment Hedges, Statements of Financial Performance and Financial Position, Location [Table Text Block] |
(in millions) |  | Year Ended December 31,
Net investment hedges |  | 2019 |  | 2018 |  | 2017
Foreign currency |  | $ | — |  |  | $ | 1 |  |  | $ | 1 |
Cross-currency swaps |  | $ | 11 |  |  | $ | 9 |  |  | $ | — |
Schedule of Interest Rate Derivatives [Table Text Block] | Derivatives not designated as hedging instruments are used to hedge remeasurement exposures of monetary assets and liabilities denominated in currencies other than the operating units' functional currency. These derivatives resulted in the following gains and (losses) recorded to income:
(in millions) |  |  |  | Year Ended December 31,
Contract Type |  | Location |  | 2019 |  | 2018 |  | 2017
Foreign Currency |  | Selling, general and administrative expenses |  | $ | (3 | ) |  | $ | 1 |  |  | $ | (1 | )

X
- References No definition available. + Details
Name: | us-gaap_DerivativeInstrumentsAndHedgingActivitiesDisclosureAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of gain (loss) on derivative and nonderivative instruments designated and qualifying as cash flow hedge recorded in accumulated other comprehensive income (AOCI) and reclassified into earnings. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 815 -SubTopic 10 -Section 50 -Paragraph 4C -Subparagraph (c) -URI http://asc.fasb.org/extlink&oid=109980867&loc=SL5624171-113959 + Details
Name: | us-gaap_ScheduleOfCashFlowHedgesIncludedInAccumulatedOtherComprehensiveIncomeLossTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the location and amount of derivative instruments and nonderivative instruments designated as hedging instruments reported before netting adjustments, and the amount of gain (loss) on derivative instruments and nonderivative instruments designated and qualified as hedging instruments. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 815 -SubTopic 10 -Section 50 -Paragraph 4E -URI http://asc.fasb.org/extlink&oid=109980867&loc=SL5624181-113959 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 815 -SubTopic 10 -Section 50 -Paragraph 4A -Subparagraph (b) -URI http://asc.fasb.org/extlink&oid=109980867&loc=SL5618551-113959 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 815 -SubTopic 10 -Section 50 -Paragraph 4C -URI http://asc.fasb.org/extlink&oid=109980867&loc=SL5624171-113959 + Details
Name: | us-gaap_ScheduleOfDerivativeInstrumentsGainLossInStatementOfFinancialPerformanceTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the location and fair value amounts of derivative instruments (and nonderivative instruments that are designated and qualify as hedging 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 4B -URI http://asc.fasb.org/extlink&oid=109980867&loc=SL5624163-113959 + Details
Name: | us-gaap_ScheduleOfDerivativeInstrumentsInStatementOfFinancialPositionFairValueTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition 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 + Details
Name: | us-gaap_ScheduleOfForeignExchangeContractsStatementOfFinancialPositionTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of interest rate derivatives, including, but not limited to, the fair value of the derivatives, statement of financial position location, and statement of financial performance location of these instruments. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 815 -SubTopic 10 -Section 50 -Paragraph 4C -URI http://asc.fasb.org/extlink&oid=109980867&loc=SL5624171-113959 + Details
Name: | us-gaap_ScheduleOfInterestRateDerivativesTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the effective portion of gains and losses on derivative instruments (and nonderivative instruments) designated and qualifying in net investment hedges recorded in accumulated other comprehensive income (loss) during the term of the hedging relationship and reclassified into earnings during the current period. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 815 -SubTopic 10 -Section 50 -Paragraph 4CCC -URI http://asc.fasb.org/extlink&oid=109980867&loc=SL109998896-113959 + Details
Name: | us-gaap_ScheduleOfNetInvestmentHedgesInAccumulatedOtherComprehensiveIncomeLossTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure for net investment hedges 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 4C -Subparagraph (b) -URI http://asc.fasb.org/extlink&oid=109980867&loc=SL5624171-113959 + Details
Name: | us-gaap_ScheduleOfNetInvestmentHedgesStatementsOfFinancialPerformanceAndFinancialPositionLocationTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the notional amounts of outstanding derivative positions. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 815 -SubTopic 10 -Section 50 -Paragraph 1A -Subparagraph (d) -URI http://asc.fasb.org/extlink&oid=109980867&loc=SL5579245-113959 + Details
Name: | us-gaap_ScheduleOfNotionalAmountsOfOutstandingDerivativePositionsTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of price risk derivatives, including, but not limited to, the fair value of the derivatives, statement of financial position location, and statement of financial performance location of these instruments. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 815 -SubTopic 10 -Section 50 -Paragraph 4C -URI http://asc.fasb.org/extlink&oid=109980867&loc=SL5624171-113959 + Details
Name: | us-gaap_ScheduleOfPriceRiskDerivativesTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration