Derivatives And Hedging Activities Derivative and Hedging Activities (Tables)

6 Months Ended

Jun. 30, 2018

Schedule of Derivative Instruments in Statement of Financial Position, Fair Value [Table Text Block]

The following table includes the fair value of foreign currency derivatives recorded in the consolidated balance sheets as of June 30, 2018. There were no derivative financial instruments outstanding as of December 31, 2017.



Asset Derivatives			Liability Derivatives			Net Amounts of Assets and (Liabilities) Presented in the Balance Sheet
Balance Sheet Location*	June 30, 2018		Balance Sheet Location*	June 30, 2018		June 30, 2018

(in millions)
Designated as cash flow hedges:
Other current assets	$	2	Other current assets	$	1	$	1
Other long-term assets	2		Other long-term assets	1		1
Total designated as hedges	$	4		$	2

Derivatives not designated as hedges:
Other current assets	$	4	Other current assets	$	—	4
Total not designated as hedges	$	4		$	—

* Derivative instruments 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 Notional Amounts of Outstanding Derivative Positions [Table Text Block]

As of June 30, 2018, the Company had the following outstanding notional amounts related to foreign currency forward contracts designated as cash flow hedges that were entered into to hedge forecasted exposures:



Foreign Currency	Quantity Hedged	Unit of Measure	Notional Amount (USD Equivalent)
	(in millions)
Chinese Yuan Renminbi	704	RMB	$	110
Euro	46	EUR	50
Mexican Peso	626	MXN	30
Singapore Dollar	35	SGD	30
Turkish Lira	61	TRY	10
South Korean Won	10,751	KRW	10

Derivative Instruments, Gain (Loss) [Table Text Block]

The pre-tax effect of the foreign currency derivatives in the consolidated statement of operations and consolidated statement of comprehensive income for the three and six months ended June 30, 2018 is as follows:



Three Months Ended June 30, 2018	Gain (Loss) Recognized in OCI		Gain (Loss) Reclassified from OCI into Income

	(in millions)
Derivatives designated as cash flow hedges	$	3	$	—
Total	$	3	$	—

			Loss Recognized in Income

			(in millions)
Derivatives not designated			$	4
Total			$	4

Six Months Ended June 30, 2018	Gain (Loss) Recognized in OCI		Gain (Loss) Reclassified from OCI into Income

	(in millions)
Derivatives designated as cash flow hedges	$	2	$	—
Total	$	2	$	—

			Loss Recognized in Income

			(in millions)
Derivatives not designated			$	8
Total			$	8