Accumulated Other Comprehensive Income (Loss) (Tables)

6 Months Ended

Jun. 30, 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 and six months ended June 30, 2020:

	Three Months						Six Months
	Before Tax Amount		Tax Effect		Net of Tax Amount		Before Tax Amount		Tax Effect		Net of Tax Amount
	(in millions)
Foreign currency translation adjustments:
Beginning balance	$	(202)	$	3	$	(199)	$	(63)	$	(1)	$	(64)
Change in foreign currency translation adjustments	37		1		38		(102)		5		(97)
Ending balance	$	(165)	$	4	$	(161)	$	(165)	$	4	$	(161)
Unrealized (losses) gains on cash flow hedges:
Beginning balance	$	(79)	$	14	$	(65)	$	31	$	(5)	$	26
Unrealized gains (losses) arising during the period	35		(6)		29		(78)		13		(65)
Reclassifications of net losses to:
Cost of revenues	9		(2)		7		12		(2)		10
SG&A expenses	2		—		2		2		—		2
Net change	46		(8)		38		(64)		11		(53)
Ending balance	$	(33)	$	6	$	(27)	$	(33)	$	6	$	(27)
Accumulated other comprehensive income (loss):
Beginning balance	$	(281)	$	17	$	(264)	$	(32)	$	(6)	$	(38)
Other comprehensive income (loss)	83		(7)		76		(166)		16		(150)
Ending balance	$	(198)	$	10	$	(188)	$	(198)	$	10	$	(188)

Changes in accumulated other comprehensive income (loss) by component were as follows for the three and six months ended June 30, 2019:

	Three Months						Six Months
	Before Tax Amount		Tax Effect		Net of Tax Amount		Before Tax Amount		Tax Effect		Net of Tax Amount
	(in millions)
Foreign currency translation adjustments:
Beginning balance	$	(111)	$	6	$	(105)	$	(108)	$	5	$	(103)
Change in foreign currency translation adjustments	(6)		(3)		(9)		(9)		(2)		(11)
Ending balance	$	(117)	$	3	$	(114)	$	(117)	$	3	$	(114)
Unrealized (losses) on available-for-sale investment securities:
Beginning balance	$	(3)	$	1	$	(2)	$	(12)	$	4	$	(8)
Net unrealized gains arising during the period	4		(1)		3		13		(4)		9
Reclassification of net gains to Other, net	(1)		—		(1)		(1)		—		(1)
Net change	3		(1)		2		12		(4)		8
Ending balance	$	—	$	—	$	—	$	—	$	—	$	—
Unrealized gains (losses) on cash flow hedges:
Beginning balance	$	39	$	(6)	$	33	$	(4)	$	1	$	(3)
Unrealized gains arising during the period	19		(4)		15		58		(11)		47
Reclassifications of net losses to:
Cost of revenues	(3)		—		(3)		—		—		—
SG&A expenses	(1)		—		(1)		—		—		—
Net change	15		(4)		11		58		(11)		47
Ending balance	$	54	$	(10)	$	44	$	54	$	(10)	$	44
Accumulated other comprehensive income (loss):
Beginning balance	$	(75)	$	1	$	(74)	$	(124)	$	10	$	(114)
Other comprehensive income (loss)	12		(8)		4		61		(17)		44
Ending balance	$	(63)	$	(7)	$	(70)	$	(63)	$	(7)	$	(70)