Derivative Financial Instruments (Tables)

3 Months Ended

Mar. 29, 2019

Derivative Instruments and Hedging Activities Disclosure [Abstract]

Notional Amounts of Company's Outstanding Foreign Currency Forward Contracts by Currency

The table below presents the notional amounts of the Company’s outstanding foreign currency forward contracts by currency at March 29, 2019.

Currency	Notional Amounts
	(in millions)
U.S. dollar	$	197
Canadian dollar	85
Euro	75
British pound	11
United Arab Emirates dirham	9
New Zealand dollar	9
Total	$	386

Location of Company's Derivative Instruments Recorded at Fair Value on the Condensed Consolidated Balance Sheets

The table below presents the location of the Company’s derivative instruments recorded at fair value on the condensed consolidated balance sheets.

	March 29, 2019								December 31, 2018
	Other Current Assets		Other Assets		Other Current Liabilities		Other Liabilities		Other Current Assets		Other Assets		Other Current Liabilities		Other Liabilities
	(in millions)
Derivatives designated ashedging instruments:
Foreign currency forward contracts(1)	$	2	$	1	$	7	$	2	$	1	$	—	$	13	$	4
Treasury lock contracts(1)	—		—		—		16		—		—		—		—
Total derivative instruments	$	2	$	1	$	7	$	18	$	1	$	—	$	13	$	4

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⁽¹⁾  See Note 14 for a description of the fair value hierarchy related to the Company’s foreign currency forward contracts and treasury lock contracts.