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Derivative Financial Instruments (Tables)
 3 Months Ended
Mar. 31, 2019
Derivative Instruments and Hedging Activities Disclosure [Abstract]  
Effect of derivative financial instruments The table below presents the effect of our derivative financial instruments on the Condensed Consolidated Income Statements and Statements of Comprehensive Income:
 
Three Months Ended
 
March 31,
(in millions)
2019
 
2018
Cash Flow Hedges
 
 
 
Foreign Exchange Contracts
 
 
 
Amount of (loss) recognized in OCI (a)
$
(9
)
 
$
—

Amount of (gain) loss reclassified from OCI into revenue (a)
1

 
(1
)
Amount of loss reclassified from OCI into cost of revenue (a)
1

 
—

 
 
 
 
Net Investment Hedges
 
 
 
Cross Currency Swaps
 
 
 
Amount of gain (loss) recognized in OCI (a)
$
7

 
$
(23
)
Amount of income recognized in Interest Expense
3

 
—

Foreign Currency Denominated Debt
 
 
 
Amount of gain (loss) recognized in OCI (a)
$
7

 
$
(23
)
(a)
Effective portion
Fair values of foreign exchange contracts The fair values of our foreign exchange contracts currently included in our hedging program designated as hedging instruments were as follows:
(in millions)
March 31,
2019
 
December 31,
2018
Derivatives designated as hedging instruments
 
 
 
Assets
 
 
 
Cash Flow Hedges
 
 
 
  Other current assets
$
1

 
$
3

Liabilities
 
 
 
Cash Flow Hedges
 
 
 
  Other current liabilities
$
(8
)
 
$
(1
)
Net Investment Hedges
 
 
 
Other non-current accrued liabilities
$
(38
)
 
$
(46
)