Derivative Instruments (Tables)

12 Months Ended

Dec. 31, 2019

Derivative Instruments And Hedging Activities Disclosure [Abstract]

Location and Fair Value of Foreign Currency Sales Contracts Recorded on Consolidated Balance Sheets

The following summarizes location and fair value of the foreign currency sales contracts recorded on the consolidated balance sheets as of December 31:

	Location	2019			2018
Fair value hedge contracts	Other current assets	$	677		$	44
	Other noncurrent assets		153			0
	Other current liabilities		0			950
	Other noncurrent liabilities		0			70
Fair value hedged item	Receivables		(260	)		232
	Other current assets		0			967
	Other noncurrent assets		0			105
	Other current liabilities		323			12
	Other noncurrent liabilities		95			0

Summary of Amount Recognized as and Reclassified from Accumulated Other Comprehensive Income (Loss)

The change in the fair value of the cash flow contracts is recorded as a component of accumulated other comprehensive loss. Amounts recognized as and reclassified from accumulated other comprehensive loss are recorded as a component of other comprehensive income (loss) and are summarized below. Amounts are after-tax, where applicable. Certain amounts recognized as or reclassified from comprehensive income (loss) for 2019 and 2018 have no tax effect due to the Corporation recording a valuation allowance against its deferred income tax assets in the related jurisdictions.

For the Year Ended December 31, 2019	Beginning of the Year			Recognized			Reclassified			End of the Year
Foreign currency purchase contracts	$	216		$	0		$	27		$	189
Future contracts – copper and aluminum		(280	)		97			(285	)		102
Change in fair value	$	(64	)	$	97		$	(258	)	$	291
For the Year Ended December 31, 2018
Foreign currency purchase contracts	$	239		$	0		$	23		$	216
Future contracts – copper and aluminum		500			(713	)		67			(280	)
Change in fair value	$	739		$	(713	)	$	90		$	(64	)

Summary of Change in Fair Value Reclassified or Expected to be Reclassified from Accumulated Other Comprehensive Loss to Earnings

The change in fair value reclassified or expected to be reclassified from accumulated other comprehensive loss to earnings is summarized below. All amounts are pre-tax.

	Location of Gain (Loss) in Statements	Estimated to be Reclassified in the Next		Year Ended December 31,
	of Operations	12 Months		2019			2018
Foreign currency purchase contracts	Depreciation and amortization	$	27	$	27		$	23
Futures contracts – copper and    aluminum	Costs of products sold (excluding depreciation and amortization)		102		(285	)		67