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Note 12 - Fair Value Measurements and Derivatives (Tables) | 6 Months Ended
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Jun. 30, 2020
Notes Tables |
Schedule of Fair Value, Assets and Liabilities Measured on Recurring Basis [Table Text Block] |
|  |  |  |  |  |  | Fair Value |
Category |  | Balance Sheet Location |  | Fair Value Level |  |  | June 30, 2020 |  |  | December 31, 2019 |
Certificates of deposit |  | Marketable securities |  | 2 |  |  | $ | 19 |  |  | $ | 19 |
Currency forward contracts |  |  |  |  |  |  |  |  |  |  |  |  |
Cash flow hedges |  | Accounts receivable - Other |  | 2 |  |  |  | 3 |  |  |  | 14 |
Cash flow hedges |  | Other accrued liabilities |  | 2 |  |  |  | 15 |  |  |  | 2 |
Undesignated |  | Accounts receivable - Other |  | 2 |  |  |  | 1 |  |  |  | 1 |
Undesignated |  | Other accrued liabilities |  | 2 |  |  |  | 2 |  |  |  | 1 |
Interest rate collars |  | Other accrued liabilities |  | 2 |  |  |  | 11 |  |  |  | 3 |
Currency swaps |  |  |  |  |  |  |  |  |  |  |  |  |
Cash flow hedges |  | Other noncurrent liabilities |  | 2 |  |  |  | 5 |  |  |  | 71 |
Schedule of Carrying Values and Estimated Fair Values of Debt Instruments [Table Text Block] |
|  |  |  |  |  | June 30, 2020 |  |  | December 31, 2019 |
|  | Fair Value Level |  | Carrying Value |  |  | Fair Value |  |  | Carrying Value |  |  | Fair Value |
Senior notes |  |  | 2 |  |  | $ | 2,000 |  |  | $ | 2,024 |  |  | $ | 1,500 |  |  | $ | 1,570 |
Term Facility |  |  | 2 |  |  |  | 823 |  |  |  | 817 |  |  |  | 823 |  |  |  | 823 |
Other indebtedness* |  |  | 2 |  |  |  | 14 |  |  |  | 10 |  |  |  | 61 |  |  |  | 57 |
Total |  |  |  |  |  | $ | 2,837 |  |  | $ | 2,851 |  |  | $ | 2,384 |  |  | $ | 2,450 |
Schedule of Notional Amounts of Outstanding Derivative Positions [Table Text Block] |
Underlying Financial Instrument |  |  | Derivative Financial Instrument |
Description |  | Type |  | Face Amount |  |  | Rate |  |  | Designated Notional Amount |  |  | Traded Amount |  |  | Inflow Rate |  |  | Outflow Rate |
June 2026 Notes |  | Payable |  | $ | 375 |  |  |  | 6.50 | % |  | $ | 375 |  |  | € | 338 |  |  |  | 6.50 | % |  |  | 5.14 | %
April 2025 Notes |  | Payable |  | $ | 400 |  |  |  | 5.75 | % |  | $ | 400 |  |  | € | 371 |  |  |  | 5.75 | % |  |  | 3.85 | %
Luxembourg Intercompany Notes |  | Receivable |  | € | 278 |  |  |  | 3.70 | % |  | € | 278 |  |  | $ | 300 |  |  |  | 5.38 | % |  |  | 3.70 | %
Schedule of Derivative Instruments [Table Text Block] |
|  |  |  | Notional Amount (U.S. Dollar Equivalent) |  |  |
Functional Currency |  | Traded Currency |  | Designated |  |  | Undesignated |  |  | Total |  |  | Maturity
U.S. dollar |  | Mexican peso, euro, Thai baht |  | $ | 59 |  |  | $ | 43 |  |  | $ | 102 |  |  | Jun-2021
Euro |  | U.S. dollar, Canadian dollar, Hungarian forint, British pound, Swiss franc, Indian rupee, Russian ruble, Mexican peso, Australian dollar, Singapore dollar |  |  | 60 |  |  |  | 8 |  |  |  | 68 |  |  | Jan-2024
British pound |  | U.S. dollar, euro |  |  | 1 |  |  |  | 3 |  |  |  | 4 |  |  | Nov-2020
South African rand |  | Thai baht |  |  |  |  |  |  | 2 |  |  |  | 2 |  |  | Dec-2020
Thai baht |  | U.S. dollar, euro |  |  | 3 |  |  |  | 13 |  |  |  | 16 |  |  | Sep-2020
Canadian dollar |  | U.S. dollar |  |  | 2 |  |  |  |  |  |  |  | 2 |  |  | Feb-2021
Brazilian real |  | U.S. dollar, euro |  |  | 24 |  |  |  | 9 |  |  |  | 33 |  |  | Apr-2021
Indian rupee |  | U.S. dollar, British pound, euro |  |  |  |  |  |  | 31 |  |  |  | 31 |  |  | Jun-2021
Chinese renminbi |  | Canadian dollar, euro |  |  |  |  |  |  | 5 |  |  |  | 5 |  |  | Jul-2020
Total forward contracts |  |  |  |  | 149 |  |  |  | 114 |  |  |  | 263 |  |  |
U.S. dollar |  | euro |  |  | 316 |  |  |  |  |  |  |  | 316 |  |  | Nov-2027
Euro |  | U.S. dollar |  |  | 775 |  |  |  |  |  |  |  | 775 |  |  | Jun-2026
Total currency swaps |  |  |  |  | 1,091 |  |  |  | — |  |  |  | 1,091 |  |  |
Total currency derivatives |  |  |  | $ | 1,240 |  |  | $ | 114 |  |  | $ | 1,354 |  |  |
Schedule of Cash Flow Hedges Included in Accumulated Other Comprehensive Income (Loss) [Table Text Block] |
|  | Deferred Gain (Loss) in AOCI |
|  | June 30, 2020 |  |  | December 31, 2019 |  |  | Gain (loss) expected to be reclassified into income in one year or less |
Forward Contracts |  | $ | (13 | ) |  | $ | 6 |  |  | $ | (13 | )
Collar |  |  | (11 | ) |  |  | (3 | ) |  |  |  |
Cross-Currency Swaps |  |  | 29 |  |  |  | (36 | ) |  |  |  |
Total |  | $ | 5 |  |  | $ | (33 | ) |  | $ | (13 | )
Schedule of Cash Flow Hedging Instruments, Statements of Financial Performance and Financial Position, Location [Table Text Block] |
|  | Three Months Ended June 30, 2020 |
Derivatives Designated as Cash Flow Hedges |  | Net sales |  |  | Cost of sales |  |  | Other income (expense), net |
Total amounts of income and expense line items presented in the consolidated statement of operations in which the effects of cash flow hedges are recorded |  | $ | 1,078 |  |  | $ | 1,088 |  |  | $ | (1 | )
(Gain) or loss on cash flow hedging relationships |  |  |  |  |  |  |  |  |  |  |  |
Foreign currency forwards |  |  |  |  |  |  |  |  |  |  |  |
Amount of (gain) loss reclassified from AOCI into income |  |  | 1 |  |  |  | 5 |  |  |  | 1 |
Cross-currency swaps |  |  |  |  |  |  |  |  |  |  |  |
Amount of (gain) loss reclassified from AOCI into income |  |  |  |  |  |  |  |  |  |  | 21 |
|  | Six Months Ended June 30, 2020 |
Derivatives Designated as Cash Flow Hedges |  | Net sales |  |  | Cost of sales |  |  | Other income (expense), net |
Total amounts of income and expense line items presented in the consolidated statement of operations in which the effects of cash flow hedges are recorded |  | $ | 3,004 |  |  | $ | 2,808 |  |  | $ | 3 |
(Gain) or loss on cash flow hedging relationships |  |  |  |  |  |  |  |  |  |  |  |
Foreign currency forwards |  |  |  |  |  |  |  |  |  |  |  |
Amount of (gain) loss reclassified from AOCI into income |  |  | 1 |  |  |  | 12 |  |  |  | 1 |
Cross-currency swaps |  |  |  |  |  |  |  |  |  |  |  |
Amount of (gain) loss reclassified from AOCI into income |  |  |  |  |  |  |  |  |  |  | 2 |
|  | Three Months Ended June 30, 2019 |
Derivatives Designated as Cash Flow Hedges |  | Net sales |  |  | Cost of sales |  |  | Other income (expense), net |
Total amounts of income and expense line items presented in the consolidated statement of operations in which the effects of cash flow hedges are recorded |  | $ | 2,306 |  |  | $ | 1,980 |  |  | $ | (10 | )
(Gain) or loss on cash flow hedging relationships |  |  |  |  |  |  |  |  |  |  |  |
Foreign currency forwards |  |  |  |  |  |  |  |  |  |  |  |
Amount of (gain) loss reclassified from AOCI into income |  |  |  |  |  |  | (3 | ) |  |  |  |
Cross-currency swaps |  |  |  |  |  |  |  |  |  |  |  |
Amount of (gain) loss reclassified from AOCI into income |  |  |  |  |  |  |  |  |  |  | 15 |
|  | Six Months Ended June 30, 2019 |
Derivatives Designated as Cash Flow Hedges |  | Net sales |  |  | Cost of sales |  |  | Other income (expense), net |
Total amounts of income and expense line items presented in the consolidated statement of operations in which the effects of cash flow hedges are recorded |  | $ | 4,469 |  |  | $ | 3,843 |  |  | $ | (23 | )
(Gain) or loss on cash flow hedging relationships |  |  |  |  |  |  |  |  |  |  |  |
Foreign currency forwards |  |  |  |  |  |  |  |  |  |  |  |
Amount of (gain) loss reclassified from AOCI into income |  |  |  |  |  |  | (5 | ) |  |  |  |
Cross-currency swaps |  |  |  |  |  |  |  |  |  |  |  |
Amount of (gain) loss reclassified from AOCI into income |  |  |  |  |  |  |  |  |  |  | (8 | )
Derivatives Not Designated as Hedging Instruments [Table Text Block] |
|  | Amount of Gain (Loss) Recognized in Income |  |  |
Derivatives Not Designated as Hedging Instruments |  | Three Months Ended June 30, 2020 |  |  | Three Months Ended June 30, 2019 |  |  | Location of Gain or (Loss) Recognized in Income
Foreign currency forward contracts |  |  | $ (5) |  |  |  | $ (2) |  |  | Cost of sales
Foreign currency forward contracts |  |  | 3 |  |  |  | 1 |  |  | Other income (expense), net
|  | Amount of Gain (Loss) Recognized in Income |  |  |
Derivatives Not Designated as Hedging Instruments |  | Six Months Ended June 30, 2020 |  |  | Six Months Ended June 30, 2019 |  |  | Location of Gain or (Loss) Recognized in Income
Foreign currency forward contracts |  | $ | — |  |  | $ | — |  |  | Cost of sales
Foreign currency forward contracts |  |  | (6 | ) |  |  | (12 | ) |  | Other income (expense), net

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