Derivative Instruments (Tables)

6 Months Ended

Jun. 30, 2020

Derivative Instruments and Hedging Activities Disclosure [Abstract]

Schedule of Derivative Instruments Measured at Fair Value in Statement of Financial Position

The fair value of our derivative instruments and the related notional amounts was as follows:

	June 30, 2020
			Derivative Assets			Derivative Liabilities
(In millions)	Notional Amount		Balance Sheet Caption	Fair Value		Balance Sheet Caption	Fair Value
Derivatives designated as hedges
Cross-currency swap agreements	$	135	Other current assets	$	—	Other current liabilities	$	(5)
Cross-currency swap agreements	1,074		Other long-term assets	13		Other long-term liabilities	(2)
Interest rate swaps	2,003		Other current assets	—		Other current liabilities	(5)
Derivatives not designated as hedges
Foreign currency option contracts	212		Other current assets	1		Other current liabilities	—
Total				$	14		$	(12)

	December 31, 2019
			Derivative Assets			Derivative Liabilities
(In millions)	Notional Amount		Balance Sheet Caption	Fair Value		Balance Sheet Caption	Fair Value
Derivatives designated as hedges
Cross-currency swap agreements	$	1,233	Other long-term assets	$	—	Other long-term liabilities	$	(18)
Interest rate swap	2,003		Other current assets	—		Other current liabilities	(7)
Derivatives not designated as hedges
Foreign currency option contracts	365		Other current assets	1		Other current liabilities	—
Total				$	1		$	(25)

Schedule of Gains and Losses Recognized on the Balance Sheet for Derivative Instruments

The effect of derivative and nonderivative instruments designated as hedges on our Condensed Consolidated Statements of (Loss) Income was as follows:

	Amount of (Loss) Gain Recognized in Other Comprehensive Income on Derivatives				Amount of Loss Reclassified from AOCI into Net (Loss) Income				Amount of Gain Recognized in Income on Derivative (Amount Excluded from Effectiveness Testing)
	Three Months Ended June 30,
(In millions)	2020		2019		2020		2019		2020		2019
Derivatives designated as cash flow hedges
Cross-currency swap agreements	$	(3)	$	(1)	$	(3)	$	(3)	$	—	$	—
Interest rate swaps	—		5		—		—		—		—
Derivatives designated as net investment hedges
Cross-currency swap agreements	(19)		(7)		—		—		—		3
Total	$	(22)	$	(3)	$	(3)	$	(3)	$	—	$	3

	Amount of Gain (Loss) Recognized in Other Comprehensive Loss on Derivatives				Amount of Gain Reclassified from AOCI into Net (Loss) Income				Amount of Gain Recognized in Income on Derivative (Amount Excluded from Effectiveness Testing)
	Six Months Ended June 30,
(In millions)	2020		2019		2020		2019		2020		2019
Derivatives designated as cash flow hedges
Cross-currency swap agreements	$	5	$	5	$	—	$	2	$	—	$	—
Interest rate swaps	(5)		(1)		—		—		—		—
Derivatives designated as net investment hedges
Cross-currency swap agreements	19		28		—		—		4		5
Total	$	19	$	32	$	—	$	2	$	4	$	5