Accumulated Other Comprehensive Income (Loss) (Tables)

3 Months Ended

Mar. 31, 2020

Equity [Abstract]

Schedule of Accumulated Other Comprehensive Income (Loss)

Changes in accumulated other comprehensive income (loss) by component were as follows for the three months ended March 31, 2020:

	Before Tax Amount		Tax Effect		Net of Tax Amount
	(in millions)
Foreign currency translation adjustments:
Beginning balance	$	(63)	$	(1)	$	(64)
Change in foreign currency translation adjustments	(139)		4		(135)
Ending balance	$	(202)	$	3	$	(199)
Unrealized gains (losses) on cash flow hedges:
Beginning balance	$	31	$	(5)	$	26
Unrealized (losses) arising during the period	(113)		19		(94)
Reclassifications of net losses to:
Cost of revenues	3		—		3
Selling, general and administrative expenses	—		—		—
Net change	(110)		19		(91)
Ending balance	$	(79)	$	14	$	(65)
Accumulated other comprehensive income (loss):
Beginning balance	$	(32)	$	(6)	$	(38)
Other comprehensive income (loss)	(249)		23		(226)
Ending balance	$	(281)	$	17	$	(264)

Changes in accumulated other comprehensive income (loss) by component were as follows for the three months ended March 31, 2019:

	Before Tax Amount		Tax Effect		Net of Tax Amount
	(in millions)
Foreign currency translation adjustments:
Beginning balance	$	(108)	$	5	$	(103)
Change in foreign currency translation adjustments	(3)		1		(2)
Ending balance	$	(111)	$	6	$	(105)
Unrealized (losses) on available-for-sale investment securities:
Beginning balance	$	(12)	$	4	$	(8)
Net unrealized gains arising during the period	9		(3)		6
Reclassification of net losses to Other, net	—		—		—
Net change	9		(3)		6
Ending balance	$	(3)	$	1	$	(2)
Unrealized (losses) gains on cash flow hedges:
Beginning balance	$	(4)	$	1	$	(3)
Unrealized gains arising during the period	39		(7)		32
Reclassifications of net losses to:
Cost of revenues	3		—		3
Selling, general and administrative expenses	1		—		1
Net change	43		(7)		36
Ending balance	$	39	$	(6)	$	33
Accumulated other comprehensive income (loss):
Beginning balance	$	(124)	$	10	$	(114)
Other comprehensive income (loss)	49		(9)		40
Ending balance	$	(75)	$	1	$	(74)