XML 65 R48.htm IDEA: XBRL DOCUMENT v3.22.4
Derivative Instruments - Effect on Income (Details) - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2022
Dec. 31, 2021
Dec. 31, 2020
Derivative Instruments and Hedging Activities Disclosure [Abstract]      
Carrying Amount of Hedged Asset/(Liabilities) $ 60.7 $ 59.3  
Cumulative Amount of Fair Value Hedging Adjustment Included in the Carrying Amount of the Hedged Asset/(Liabilities) 1.2 0.6  
Gain (loss) on derivative      
Revenue 59,043.1 31,337.0 $ 20,358.3
Cost of revenue 57,954.1 30,548.8 19,506.5
Derivative, Credit Risk Related Contingent Features [Abstract]      
Net derivative liability positions with credit contingent features 72.5 3.3  
Collateral posted and held by our counterparties (28.7) 0.0  
Maximum additional potential collateral requirements 43.8 3.3  
Revenue      
Gain (loss) on derivative      
Revenue 59,043.1 31,337.0 20,358.3
Gains (losses) on fair value hedge relationships:      
Total amount of income and expense line items excluding the impact of hedges, Revenue 59,207.7 31,393.6 20,327.0
Cost of revenue      
Gain (loss) on derivative      
Cost of revenue 57,954.1 30,548.8 19,506.5
Gains (losses) on fair value hedge relationships:      
Total amount of income and expense line items excluding the impact of hedges, Cost of revenue 57,948.6 30,865.6 19,326.6
Interest expense and other financing costs, net      
Gain (loss) on derivative      
Interest expense and other financing costs, net 110.6 40.2 48.6
Gains (losses) on fair value hedge relationships:      
Total amount of income and expense line items excluding the impact of hedges, Interest expense and other financing costs 106.5 38.8 48.1
Commodity contracts | Revenue      
Gains (losses) on fair value hedge relationships:      
Hedged item 0.0 0.0 0.0
Derivatives designated as hedging instruments 0.0 0.0 0.0
Amount of gains (losses) reclassified from Accumulated other comprehensive income (loss) into Net income (loss) (164.5) (56.7) 31.3
Amount of gain (loss) reclassified from Accumulated other comprehensive income (loss) into Net income, net of income tax (expense) benefit (121.7) (43.0) 31.3
Commodity contracts | Cost of revenue      
Gains (losses) on fair value hedge relationships:      
Hedged item 43.9 22.1 (8.2)
Derivatives designated as hedging instruments (52.0) (24.3) 9.4
Amount of gains (losses) reclassified from Accumulated other comprehensive income (loss) into Net income (loss) 2.6 319.0 (181.1)
Amount of gain (loss) reclassified from Accumulated other comprehensive income (loss) into Net income, net of income tax (expense) benefit 1.9 237.7 (181.1)
Commodity contracts | Interest expense and other financing costs, net      
Gains (losses) on fair value hedge relationships:      
Hedged item 0.0 0.0 0.0
Derivatives designated as hedging instruments 0.0 0.0 0.0
Amount of gains (losses) reclassified from Accumulated other comprehensive income (loss) into Net income (loss) 0.0 0.0 0.0
Interest rate contract | Revenue      
Gains (losses) on fair value hedge relationships:      
Amount of gains (losses) reclassified from Accumulated other comprehensive income (loss) into Net income (loss) 0.0 0.0 0.0
Interest rate contract | Cost of revenue      
Gains (losses) on fair value hedge relationships:      
Amount of gains (losses) reclassified from Accumulated other comprehensive income (loss) into Net income (loss) 0.0 0.0 0.0
Interest rate contract | Interest expense and other financing costs, net      
Gains (losses) on fair value hedge relationships:      
Amount of gains (losses) reclassified from Accumulated other comprehensive income (loss) into Net income (loss) (4.2) (1.4) (0.5)
Derivatives designated as hedging instruments      
Gains (losses) on fair value hedge relationships:      
Amount of gain (loss) recognized in Accumulated other comprehensive income (loss), net of income tax (expense) benefit (101.3) 203.2 (150.4)
Amount of gain (loss) reclassified from Accumulated other comprehensive income (loss) into Net income, net of income tax (expense) benefit (122.9) 193.6 (150.3)
Derivatives designated as hedging instruments | Commodity contracts | Revenue      
Gains (losses) on fair value hedge relationships:      
Gain (loss) not recorded in Accumulated other comprehensive income (loss) due to intra-period settlement (134.5) (369.4) 505.6
Amount of gain (loss) recognized in Accumulated other comprehensive income (loss), net of income tax (expense) benefit (114.7) 31.6 (20.8)
Derivatives designated as hedging instruments | Commodity contracts | Cost of revenue      
Gains (losses) on fair value hedge relationships:      
Gain (loss) not recorded in Accumulated other comprehensive income (loss) due to intra-period settlement 10.7 11.0 (181.6)
Amount of gain (loss) recognized in Accumulated other comprehensive income (loss), net of income tax (expense) benefit 2.1 166.1 (126.4)
Derivatives designated as hedging instruments | Interest rate contract | Interest expense and other financing costs, net      
Gains (losses) on fair value hedge relationships:      
Amount of gain (loss) recognized in Accumulated other comprehensive income (loss), net of income tax (expense) benefit 11.3 5.5 (3.2)
Amount of gain (loss) reclassified from Accumulated other comprehensive income (loss) into Net income, net of income tax (expense) benefit (3.1) (1.0) (0.5)
Derivatives not designated as hedging instruments      
Gains (losses) on fair value hedge relationships:      
Amount of gain (loss) reclassified from Accumulated other comprehensive income (loss) into Net income, net of income tax (expense) benefit 232.9 76.9 97.5
Derivatives not designated as hedging instruments | Commodity contracts      
Gains (losses) on fair value hedge relationships:      
Amount of gain (loss) reclassified from Accumulated other comprehensive income (loss) into Net income, net of income tax (expense) benefit 231.3 74.2 114.1
Derivatives not designated as hedging instruments | Commodity contracts | Revenue      
Gains (losses) on fair value hedge relationships:      
Amount of gain (loss) reclassified from Accumulated other comprehensive income (loss) into Net income, net of income tax (expense) benefit 230.7 88.4 235.2
Derivatives not designated as hedging instruments | Commodity contracts | Cost of revenue      
Gains (losses) on fair value hedge relationships:      
Amount of gain (loss) reclassified from Accumulated other comprehensive income (loss) into Net income, net of income tax (expense) benefit 0.6 (14.2) (121.1)
Derivatives not designated as hedging instruments | Foreign currency contracts      
Gains (losses) on fair value hedge relationships:      
Amount of gain (loss) reclassified from Accumulated other comprehensive income (loss) into Net income, net of income tax (expense) benefit 1.6 2.7 (16.6)
Derivatives not designated as hedging instruments | Foreign currency contracts | Revenue      
Gains (losses) on fair value hedge relationships:      
Amount of gain (loss) reclassified from Accumulated other comprehensive income (loss) into Net income, net of income tax (expense) benefit (1.7) 1.1 (3.2)
Derivatives not designated as hedging instruments | Foreign currency contracts | Interest expense and other financing costs, net      
Gains (losses) on fair value hedge relationships:      
Amount of gain (loss) reclassified from Accumulated other comprehensive income (loss) into Net income, net of income tax (expense) benefit $ 3.3 $ 1.6 $ (13.4)