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v3.19.3.a.u2

Derivative Instruments (Details) kr in Millions, $ in Millions | 12 Months Ended |  |  |
--- | --- | --- | --- | ---
Dec. 31, 2019 USD ($) | Dec. 31, 2018 USD ($) | Dec. 31, 2019 NOK (kr) | Dec. 31, 2018 NOK (kr) | Jan. 30, 2018 USD ($)
Forward exchange contracts |  |  |  |  |
Derivatives |  |  |  |  |
Exchange rate (as a percent) | 8.90 | 7.94 | 8.90 | 7.94 |
Fair value adjustments to derivatives | $ (3) | $ (10) |  |  |
Derivative instruments, assets | 1 |  |  |  |
Derivative instruments, liabilities |  | 6 |  |  |
Forward exchange contracts | Pay |  |  |  |  |
Derivatives |  |  |  |  |
Aggregate notional amount | $ 46 | 76 |  |  |
Forward exchange contracts | Receive |  |  |  |  |
Derivatives |  |  |  |  |
Aggregate notional amount | kr |  |  | kr 405 | kr 600 |
Interest rate swaps | Songa |  |  |  |  |
Derivatives |  |  |  |  |
Fair value adjustments to derivatives |  | 4 |  |  |
Derivative instruments, assets |  |  |  |  | $ 14
Cash proceeds from termination of derivatives |  | 18 |  |  |
Currency swaps | Songa |  |  |  |  |
Derivatives |  |  |  |  |
Derivative instruments, liabilities |  |  |  |  | $ 81
Cash payment for termination of derivatives |  | 92 |  |  |
Loss associated with derivative sale |  | $ (11) |  |  |

X
- Definition Fair value, after the effects of master netting arrangements, of a financial asset or other contract with one or more underlyings, notional amount or payment provision or both, and the contract can be net settled by means outside the contract or delivery of an asset. Includes assets not subject to a master netting arrangement and not elected to be offset. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 20 -Section 55 -Paragraph 10 -URI http://asc.fasb.org/extlink&oid=99393222&loc=SL20226008-175313 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 825 -SubTopic 10 -Section 50 -Paragraph 10 -URI http://asc.fasb.org/extlink&oid=118260190&loc=d3e13433-108611 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 20 -Section 50 -Paragraph 3 -Subparagraph (c) -URI http://asc.fasb.org/extlink&oid=51824906&loc=SL20225862-175312 + Details
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- Definition Amount of increase (decrease) in the fair value of derivatives recognized in the income statement. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 815 -SubTopic 10 -Section 50 -Paragraph 4A -Subparagraph (b)(1) -URI http://asc.fasb.org/extlink&oid=109980867&loc=SL5618551-113959 + Details
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- Definition The difference between the book value and the sale price of options, swaps, futures, forward contracts, and other derivative instruments. This element refers to the gain (loss) included in earnings. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 230 -SubTopic 10 -Section 45 -Paragraph 28 -Subparagraph (b) -URI http://asc.fasb.org/extlink&oid=118932676&loc=d3e3602-108585 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 942 -SubTopic 220 -Section S99 -Paragraph 1 -Subparagraph (SX 210.9-04.13(h)) -URI http://asc.fasb.org/extlink&oid=116637391&loc=SL114874048-224260 + Details
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