XML 68 R58.htm IDEA: XBRL DOCUMENT v3.21.2
Note 12 - Hedging Activities - Undesignated Hedges (Details) - USD ($)
$ in Millions
Sep. 30, 2021
Dec. 31, 2020
Gross notional value for translated earning contracts $ 13,938 $ 14,740
Average Rate Forward Contracts, Japanese Yen-denominated [Member] | Not Designated as Hedging Instrument [Member]    
Gross notional value for translated earning contracts 3,500 4,500
Average Rate Forward Contracts, South Korean Won-denominated [Member] | Not Designated as Hedging Instrument [Member]    
Gross notional value for translated earning contracts 700 400
Average Rate Forward Contracts, Euro-denominated [Member] | Not Designated as Hedging Instrument [Member]    
Gross notional value for translated earning contracts 300 500
Average Rate Forward Contracts, Other Foreign Currencies [Member] | Not Designated as Hedging Instrument [Member]    
Gross notional value for translated earning contracts [1] 100 100
Options Contracts, Japanese Yen-denominated [Member] | Not Designated as Hedging Instrument [Member]    
Gross notional value for translated earning contracts [2] 1,900 2,000
Options Contracts, Other Foreign Currencies [Member] | Not Designated as Hedging Instrument [Member]    
Gross notional value for translated earning contracts [3] 1,400
Translated Earnings Contracts [Member] | Not Designated as Hedging Instrument [Member]    
Gross notional value for translated earning contracts $ 7,909 $ 7,453
[1] Denominational currencies for average rate forward contracts include the Chinese yuan and British pound.
[2] Japanese yen-denominated option contracts include zero-cost collars, purchased call options and put options. With respect to the zero-cost collars, the gross notional amount includes the value of both the put and call options. However, due to the nature of the zero-cost collars, only the put or the call option can be exercised at maturity.
[3] Other foreign currencies option contracts are purchased basket options that include a basket of underlying currencies, including the Japanese yen, South Korean won, Chinese yuan, euro and British pound, and each basket option will be settled against USD.