Derivative Financial Instruments (Tables)

3 Months Ended

Mar. 31, 2019

Derivative Instruments and Hedging Activities Disclosure [Abstract]

Location And Fair Values Of Derivative Financial Instruments In Our Condensed Consolidated Statements Of Financial Position

The following table provides information on the location and fair values of derivative financial instruments included in our unaudited consolidated statements of financial position as of:

		March 31, 2019				December 31, 2018
Designation of Derivatives	Location on Statements of Financial Position	Assets		Liabilities		Assets		Liabilities
		(in millions)
Foreign exchange forward contracts – Designated as cash flow hedging instruments	Other current assets	$	22	$	—	$	11	$	—
	Other noncurrent assets	30		—		15		—
	Accrued expenses and other current liabilities	—		12		—		21
	Other noncurrent liabilities	—		1		—		9
	Total	52		13		26		30
Foreign exchange forward contracts – Not designated as hedging instruments	Other current assets	3		—		1		—
	Accrued expenses and other current liabilities	—		4		—		4
	Total	3		4		1		4
Total		$	55	$	17	$	27	$	34

Notional value of outstanding contracts by year of maturity

	March 31, 2019		December 31, 2018
	(in millions)
2019	$	1,130	$	1,388
2020	965		780
2021	140		—
Total notional value of contracts outstanding	$	2,235	$	2,168
Net unrealized gains (losses) included in accumulated other comprehensive income (loss), net of taxes	$	33	$	(3	)

Location And Amounts Of Pre-Tax Gains (Losses) on Cash Flow Hedges

The following table provides information on the location and amounts of pre-tax gains and losses on our cash flow hedges for the three months ended March 31:

	Change in Derivative Gains/Losses Recognized in Accumulated Other Comprehensive Income (Loss) (effective portion)					Location of Net Derivative Gains and (Losses) Reclassified from Accumulated Other Comprehensive Income (Loss) into Income (effective portion)	Net Gains and (Losses) Reclassified from Accumulated Other Comprehensive Income (Loss) into Income (effective portion)
	2019		2018				2019			2018
	(in millions)
Foreign exchange forward contracts – Designated as cash flow hedging instruments	$	39	$	(14	)	Cost of revenues	$	(3	)	$	30
						Selling, general and administrative expenses	(1		)	5
						Total	$	(4	)	$	35

Additional Information Related To Outstanding Contracts Not Designated As Hedging Instruments

Additional information related to our outstanding foreign exchange forward contracts not designated as hedging instruments was as follows:

	March 31, 2019					December 31, 2018
	Notional		Fair Value			Notional		Fair Value
	(in millions)
Contracts outstanding	$	410	$	(1	)	$	507	$	(3	)

Location And Amounts Of Pre-Tax Gains (Losses) On Derivative Financial Instruments Not Designated As Hedges

The following table provides information on the location and amounts of realized and unrealized pre-tax gains and losses on our other derivative financial instruments for the three months ended March 31:

	Location of Net Gains (Losses) on Derivative Instruments	Amount of Net Gains (Losses) on Derivative Instruments
		2019			2018
		(in millions)
Foreign exchange forward contracts – Not designated as hedging instruments	Foreign currency exchange gains (losses), net	$	(1	)	$	2