XML 174 R133.htm IDEA: XBRL DOCUMENT v3.20.1
FINANCIAL RISK MANAGEMENT - Additional Information (Details)
SFr in Millions, $ in Millions
12 Months Ended
Dec. 31, 2019
EUR (€)
Dec. 31, 2019
USD ($)
Dec. 31, 2018
EUR (€)
Dec. 31, 2019
USD ($)
Dec. 31, 2018
USD ($)
Jun. 30, 2018
CHF (SFr)
Dec. 31, 2017
EUR (€)
Dec. 31, 2016
EUR (€)
Disclosure of liquidity risk [line items]                
Percentage of trade account receivables insured 82.00%     82.00%        
Revolving credit facilities outstanding € 281,000,000              
Liquidity value 516,000,000              
Cash and cash equivalents 184,000,000   € 164,000,000       € 269,000,000 € 347,000,000
Undrawn facilities 332,000,000              
Forward contract                
Disclosure of liquidity risk [line items]                
Total nominal amount forward contracts | SFr           SFr 174    
Unrealized loss of the net investment hedge 3,000,000              
Derivative classified as cash flow hedge                
Disclosure of liquidity risk [line items]                
Nominal amount hedging instrument | $       $ 233 $ 369      
Forward purchase contracts versus EURO                
Disclosure of liquidity risk [line items]                
Net position hedges related to loans and deposits | $   $ 334            
Forward purchase contracts versus EURO | Foreign exchange forward contracts                
Disclosure of liquidity risk [line items]                
Net position hedges related to loans and deposits | $   44            
Forward purchase contracts versus EURO | Cross currency swaps                
Disclosure of liquidity risk [line items]                
Net position hedges related to loans and deposits | $   415            
Forward sale contracts | Cross currency swaps                
Disclosure of liquidity risk [line items]                
Net position hedges related to loans and deposits | $   $ 125            
Secured Pan-U.S. ABL (due 2022)                
Disclosure of liquidity risk [line items]                
Borrowing base | $       $ 375        
French inventory facility                
Disclosure of liquidity risk [line items]                
Borrowing base 82,000,000              
Commodity price risk                
Disclosure of liquidity risk [line items]                
Margin requirement for aluminum and other commodity hedges 0   5,000,000          
10% increase or decrease in the market price | Aluminium                
Disclosure of liquidity risk [line items]                
Impact of increase or decrease in market price in gain or loss from derivatives 28,000,000              
Top of range | 50 basis point increase or decrease in the LIBOR or EURIBOR interest rates                
Disclosure of liquidity risk [line items]                
Impact of increase or decrease in interest rate in income before income tax € 1,000,000   € 1,000,000