XML 90 R41.htm IDEA: XBRL DOCUMENT v2.4.0.8
Derivative Financial Instruments (Tables)
 3 Months Ended
Mar. 31, 2014
Derivative Instruments and Hedging Activities Disclosure [Abstract]  
Schedule of Derivative Instruments, Notional Amounts and Fair Values
The notional amounts and fair values of derivative instruments in the Condensed Consolidated Statements of Financial Position were as follows:
  
Notional amounts (1)
Other assets
Accrued liabilities
  
March 31
2014

December 31
2013

March 31
2014

December 31
2013

March 31
2014

December 31
2013

Derivatives designated as hedging instruments:
 
 
 
 
 
 
Foreign exchange contracts

$2,326


$2,524


$114


$122


($77
)

($64
)
Interest rate contracts
313

313

13

13




Commodity contracts
50

72

3

2

(33
)
(39
)
Derivatives not receiving hedge accounting treatment:
 
 
 
 
 
 
Foreign exchange contracts
284

259

14

12

(30
)
(35
)
Commodity contracts
7

9





(3
)
(4
)
Total derivatives

$2,980


$3,177

144

149

(143
)
(142
)
Netting arrangements
 
 
(56
)
(63
)
56

63

Net recorded balance
 
 

$88


$86


($87
)

($79
)
(1) 
Notional amounts represent the gross contract/notional amount of the derivatives outstanding.
Schedule Of Derivative Instruments, Gains/(Losses)
Gains/(losses) associated with our cash flow and undesignated hedging transactions and their effect on Other comprehensive income/(loss) and Net earnings were as follows: 
  
Three months ended March 31
  
2014

 
2013

Effective portion recognized in Other comprehensive income/(loss), net of taxes:
 
 
 
Foreign exchange contracts

($12
)
 

($26
)
Commodity contracts
1

 


Effective portion reclassified out of Accumulated other comprehensive loss into earnings, net of taxes:
 
 
 
Foreign exchange contracts
(2
)
 
3

Commodity contracts
(3
)
 
(5
)
Forward points recognized in Other income, net:
 
 
 
Foreign exchange contracts
7

 
8

Undesignated derivatives recognized in Other income, net:
 
 
 
Foreign exchange contracts
(4
)
 
(2
)