Derivatives and Hedging (Tables)

12 Months Ended

Dec. 31, 2019

Derivatives and Hedging

Schedule of foreign exchange forward contracts to hedge exposure arising from expected foreign currency denominated cash flows

	As of December 31, 2019
	Notional amount	Maximum Contract term
Derivatives designated as hedging instruments
Interest rate swaps	1,000	2.3 years
Derivatives not designated as hedging instruments
Foreign exchange forward contracts
Sales contracts settled in U.S. dollars
Euro	10	0.1 years

	As of December 31, 2018
	Notional amount	Maximum Contract term
Derivatives designated as hedging instruments
Interest rate swaps	1,000	3.3 years
Foreign exchange forward contracts
Purchase contracts settled in U.S. dollars
Euro	9	0.3 years
Japanese Yen	177	0.2 years
Sales contracts settled in U.S. dollars
Euro	20	0.5 years
Japanese Yen	177	0.2 years