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Derivative Instruments and Hedging Activities (Tables)
 12 Months Ended
Dec. 31, 2018
Summary of Notional Amounts for Hedged Items, Designated as Hedge Accounting

The following table summarizes the notional amounts for hedged items, when transactions are designated as hedge accounting:

 

     December 31,  
     2018      2017  
     (U.S. $ in millions)  

Cross-currency swap—cash flow hedge

    $ 588      $ 588  

Interest rate swap—fair value hedge

      500        500  

Cross-currency swap—net investment hedge

      1,000        1,000  

Summary of Classification and Fair Values of Derivative Instruments

The following table summarizes the classification and fair values of derivative instruments:    

 

    Fair value  
    Designated as hedging
instruments		     Not designated as hedging
instruments		  
    December 31,
2018		     December 31,
2017		     December 31,
2018		     December 31,
2017		  

Reported under

   (U.S. $ in millions)  

Asset derivatives:

 

      

Other current assets:

        

Option and forward contracts

   $       $       $ 18     $ 17  

Other non-current assets:

        

Cross-currency swaps—cash flow hedge

     58       25      

Liability derivatives:

        

Other current liabilities:

        

Option and forward contracts

         (26 )      (15 ) 

Other taxes and long-term liabilities:

        

Cross currency swaps—net investment hedge

     (41 )      (96 )     

Senior notes and loans:

        

Interest rate swaps—fair value hedge

     (9 )      (2 )     

 
Summary of Sold Receivables Outstanding Balance Net of DPP Asset under Outstanding Securitization Program

The following table summarizes the sold receivables outstanding balance net of DPP asset under the outstanding securitization program:

 

     As of and for the year
ended December 31,		  
     2018      2017  
     (U.S. $ in millions)  

Sold receivables at the beginning of the year

    $ 799      $ 621  

Proceeds from sale of receivables

      5,071        4,944  

Cash collections (remitted to the owner of the receivables)

      (5,151 )       (4,863 ) 

Effect of currency exchange rate changes

      (33 )       97  
  

 

 

     

 

 

  

Sold receivables at the end of the year

    $ 686      $ 799