Derivatives And Hedging Activities (Tables)

12 Months Ended

Dec. 31, 2017

Derivative Instruments and Hedging Activities Disclosure [Abstract]

Schedule of Notional Amounts of Outstanding Derivative Positions

As of December 31, 2017, the Company had the following outstanding notional amounts related to commodity and foreign currency forward and option contracts designated as cash flow hedges that were entered into to hedge forecasted exposures:

Commodity	Quantity Hedged	Unit of Measure	Notional Amount (Approximate USD Equivalent)
	(in thousands)		(in millions)
Copper	57,393	pounds	$	175

Foreign Currency	Quantity Hedged	Unit of Measure	Notional Amount (Approximate USD Equivalent)
	(in millions)
Mexican Peso	14,215	MXN	$	725
Chinese Yuan Renminbi	2,290	RMB	350
Polish Zloty	307	PLN	90
New Turkish Lira	185	TRY	50

Schedule of Derivative Instruments in Statement of Financial Position, Fair Value

The fair value of derivative financial instruments recorded in the consolidated balance sheets as of December 31, 2017 and December 31, 2016 are as follows:

	Asset Derivatives			Liability Derivatives			Net Amounts of Assets and (Liabilities) Presented in the Balance Sheet
	Balance Sheet Location	December 31, 2017		Balance Sheet Location	December 31, 2017		December 31, 2017
	(in millions)
Derivatives designated as cash flow hedges:
Commodity derivatives	Other current assets	$	27	Accrued liabilities	$	—
Foreign currency derivatives*	Other current assets	3		Other current assets	—		$	3
Foreign currency derivatives*	Accrued liabilities	7		Accrued liabilities	17		(10		)
Commodity derivatives	Other long-term assets	8		Other long-term liabilities	—
Foreign currency derivatives*	Other long-term liabilities	—		Other long-term liabilities	11		(11		)
Derivatives designated as net investment hedges:
Foreign currency derivatives	Other current assets	—		Accrued liabilities	5
Total derivatives designated as hedges		$	45		$	33

	Asset Derivatives			Liability Derivatives			Net Amounts of Assets and (Liabilities) Presented in the Balance Sheet
	Balance Sheet Location	December 31, 2016		Balance Sheet Location	December 31, 2016		December 31, 2016
	(in millions)
Derivatives designated as cash flow hedges:
Commodity derivatives	Other current assets	$	7	Accrued liabilities	$	—
Foreign currency derivatives*	Other current assets	6		Other current assets	3		$	3
Foreign currency derivatives*	Accrued liabilities	9		Accrued liabilities	55		(46		)
Commodity derivatives	Other long-term assets	4		Other long-term liabilities	—
Foreign currency derivatives*	Other long-term assets	8		Other long-term assets	4		4
Foreign currency derivatives*	Other long-term liabilities	—		Other long-term liabilities	11		(11		)
Derivatives designated as net investment hedges:
Foreign currency derivatives	Other current assets	2		Accrued liabilities	—
Total derivatives designated as hedges		$	36		$	73
Derivatives not designated:
Foreign currency derivatives*	Other current assets	$	—	Other current assets	$	1	(1		)
Foreign currency derivatives*	Accrued liabilities	2		Accrued liabilities	1		1
Total derivatives not designated as hedges		$	2		$	2

* Derivative instruments within this category are subject to master netting arrangements and are presented on a net basis in the consolidated balance sheets in accordance with accounting guidance related to the offsetting of amounts related to certain contracts.

Schedule of Derivative Instruments, Gain (Loss) in Statement of Financial Performance

The pre-tax effect of derivative financial instruments in the consolidated statement of operations and consolidated statement of comprehensive income for the year ended December 31, 2017 is as follows:

Year Ended December 31, 2017	Gain (Loss) Recognized in OCI (Effective Portion)			Gain (Loss) Reclassified from OCI into Income (Effective Portion)			Gain Recognized in Income (Ineffective Portion Excluded from Effectiveness Testing)
	(in millions)
Derivatives designated as cash flow hedges:
Commodity derivatives	$	45		$	18		$	—
Foreign currency derivatives	4			(27		)	—
Derivatives designated as net investment hedges:
Foreign currency derivatives	(34		)	2			—
Total	$	15		$	(7	)	$	—

	Loss Recognized in Income
	(in millions)
Derivatives not designated:
Commodity derivatives	$	—
Foreign currency derivatives	(5		)
Total	$	(5	)

The pre-tax effect of derivative financial instruments in the consolidated statement of operations and consolidated statement of comprehensive income for the year ended December 31, 2016 is as follows:

Year Ended December 31, 2016	Gain (Loss) Recognized in OCI (Effective Portion)			Loss Reclassified from OCI into Income (Effective Portion)			Gain Recognized in Income (Ineffective Portion Excluded from Effectiveness Testing)
	(in millions)
Derivatives designated as cash flow hedges:
Commodity derivatives	$	22		$	(42	)	$	—
Foreign currency derivatives	(62		)	(84		)	—
Derivatives designated as net investment hedges:
Foreign currency derivatives	16			—			—
Total	$	(24	)	$	(126	)	$	—

	Gain Recognized in Income
	(in millions)
Derivatives not designated:
Commodity derivatives	$	—
Foreign currency derivatives	1
Total	$	1

The pre-tax effect of derivative financial instruments in the consolidated statement of operations and consolidated statement of comprehensive income for the year ended December 31, 2015 is as follows:

Year Ended December 31, 2015	Loss Recognized in OCI (Effective Portion)			Loss Reclassified from OCI into Income (Effective Portion)			Gain Recognized in Income (Ineffective Portion Excluded from Effectiveness Testing)
	(in millions)
Derivatives designated as cash flow hedges:
Commodity derivatives	$	(69	)	$	(42	)	$	—
Foreign currency derivatives	(79		)	(71		)	—
Total	$	(148	)	$	(113	)	$	—

	Loss Recognized in Income
	(in millions)
Derivatives not designated:
Commodity derivatives	$	(3	)
Foreign currency derivatives	(20		)
Total	$	(23	)