Shareholders' Equity (Tables)

12 Months Ended

Dec. 31, 2020

Classification of Pre-Payroll Tax and Social Contribution Stock-Based Compensation Expense Included in Consolidated Statements of Income

The following table illustrates the classification of pre-payroll tax and social contribution stock-based compensation expense included in the consolidated statements of income for the years ended December 31, 2020, December 31, 2019 and December 31, 2018:

	December 31, 2020		December 31, 2019		December 31, 2018

Cost of sales		25		22		23
Selling, general and administrative		51		46		67
Research and development		79		77		35
Total pre-payroll tax and social contribution compensation		155		145		125

Changes in AOCI Attributable to Stockholders

The table below details the changes in AOCI attributable to the company’s stockholders by component, net of tax, for the years ended December 31, 2020, 2019 and 2018:

	Gains (Losses) on Cash Flow Hedges			Gains (Losses) on Available- For-Sale Securities			Defined Benefit Pension Plan Items			Foreign Currency Translation Adjustments (“CTA”)			Total
December 31, 2017		45			—			(166	)		768			647
Cumulative tax impact		—			—			41			—			41
December 31, 2017, net of tax		45			—			(125	)		768			688
OCI before reclassifications		(83	)		(2	)		(24	)		(87	)		(196	)
Amounts reclassified from AOCI		(1	)		—			11			—			10
OCI for the year ended December 31, 2018		(84	)		(2	)		(13	)		(87	)		(186	)
Cumulative tax impact		4			—			3			—			7
OCI for the year ended December 31, 2018, net of tax		(80	)		(2	)		(10	)		(87	)		(179	)
December 31, 2018		(39	)		(2	)		(179	)		681			461
Cumulative tax impact		4			—			44			—			48
December 31, 2018, net of tax		(35	)		(2	)		(135	)		681			509
OCI before reclassifications		(43	)		3			(58	)		(35	)		(133	)
Amounts reclassified from AOCI		79			—			14			—			93
OCI for the year ended December 31, 2019		36			3			(44	)		(35	)		(40	)
Cumulative tax impact		(4	)		—			10			—			6
OCI for the year ended December 31, 2019, net of tax		32			3			(34	)		(35	)		(34	)
December 31, 2019		(3	)		1			(223	)		646			421
Cumulative tax impact		—			—			54			—			54
December 31, 2019, net of tax		(3	)		1			(169	)		646			475
OCI before reclassifications		64			—			(22	)		203			245
Amounts reclassified from AOCI		—			—			14			—			14
OCI for the year ended December 31, 2020		64			—			(8	)		203			259
Cumulative tax impact		(8	)		—			(3	)		—			(11	)
OCI for the year ended December 31, 2020, net of tax		56			—			(11	)		203			248
December 31, 2020		61			1			(231	)		849			680
Cumulative tax impact		(8	)		—			51			—			43
December 31, 2020, net of tax		53			1			(180	)		849			723

Schedule of Items Reclassified Out of Accumulated Other Comprehensive Income

Items reclassified out of Accumulated Other Comprehensive Income for the years ended December 31, 2020, 2019 and 2018 are listed in the table below:

Details about AOCI components	Amounts reclassified from AOCI in the year ended December 31, 2020			Amounts reclassified from AOCI in the year ended December 31, 2019			Amounts reclassified from AOCI in the year ended December 31, 2018			Affected line item in the statement where net income (loss) is presented
Gains (Losses) on Cash Flow Hedges
Foreign exchange derivative contracts		(3	)		(51	)		4		Cost of sales
Foreign exchange derivative contracts		1			(6	)		(1	)	Selling, general and administrative
Foreign exchange derivative contracts		2			(22	)		(2	)	Research and development
		—			10			—		Income tax benefit (expense)
		—			(69	)		1		Net of tax
Defined Benefit Pension Plan Items
Amortization of actuarial gains (losses)		(13	)		(13	)		(10	)	Other components of pension benefit costs
Amortization of prior service cost		(1	)		(1	)		(1	)	Other components of pension benefit costs
		3			3			2		Income tax benefit (expense)
		(11	)		(11	)		(9	)	Net of tax
Total reclassifications for the year		(11	)		(80	)		(8	)
Attributable to noncontrolling interest		—			—			—
Attributable to the parent company stockholders		(11	)		(80	)		(8	)

Supervisory Board [Member]

Summary of Grants Under Outstanding Stock Award Plans

The table below summarizes grants under the outstanding stock award plans, as authorized by the Compensation Committee:

Year of grant	Options granted and vested		Options waived at grant
2010		172,500		(7,500	)
2011		172,500		(30,000	)
2012		180,000		(22,500	)
2013 to 2020	No options granted

Summary of Nonvested Share Activity

A summary of the options’ activity by plan for the years ended December 31, 2020 and December 31, 2019 is presented below:

Year of grant	Outstanding as of December 31, 2018		Exercised			Expired / Cancelled		Outstanding as of December 31, 2019		Exercised			Expired / Cancelled		Outstanding as of December 31, 2020
2010		22,500		(22,500	)		—		—		—			—		—
2011		52,500		(7,500	)		—		45,000		(37,500	)		—		7,500
2012		65,000		—			—		65,000		(15,000	)		—		50,000

Employees [Member]

Summary of Grants Under Outstanding Stock Award Plans

The table below summarizes grants under the outstanding stock award plans in 2020, as authorized by the Compensation Committee:

Date of grant	Plan name	Number of shares granted		Number of shares waived		Number of shares lost on performance conditions
July 25, 2017	2017 Employee Plan		7,634,475		—		—
December 22, 2017	2017 Employee Plan		347,160		—		—
July 24, 2018	2018 Employee Plan		7,552,410		—		—
December 20, 2018	2018 Employee Plan		443,200		—		—
May 23, 2019	2019 CEO Special Bonus		34,960		—		—
July 24, 2019	2019 Employee Plan		7,752,940		—		(1,161,966	)
December 26, 2019	2019 Employee Plan		246,750		—		(17,013	)
July 23, 2020	2020 Employee Plan		7,437,580		—	(*)
December 24, 2020	2020 Employee Plan		562,350		—	(*)

(*)

As at December 31, 2020, a final determination of the achievement of the performance conditions had not yet been made by the Compensation Committee of the Supervisory Board.

Summary of Nonvested Share Activity

A summary of the unvested share activity by plan for the year ended December 31, 2020 is presented below:

Unvested Shares	Unvested as at December 31, 2019		Granted		Forfeited / waived			Cancelled on failed vesting conditions			Vested			Unvested as at December 31, 2020
2017 Employee Plan		2,648,379		—		(14,634	)		—			(2,633,745	)		—
2018 Employee Plan		5,197,924		—		(36,912	)		—			(2,442,327	)		2,718,685
2019 CEO Special Bonus		—		34,960		—			—			(11,654	)		23,306
2019 Employee Plan		7,977,370		—		(51,111	)		(1,178,979	)		(2,172,160	)		4,575,120
2020 Employee Plan		—		7,999,930		(28,385	)		—			(600	)		7,970,945
Total		15,823,673		8,034,890		(131,042	)		(1,178,979	)		(7,260,486	)		15,288,056