XML 110 R29.htm IDEA: XBRL DOCUMENT v3.19.3
Risk Management (Tables)
9 Months Ended
Sep. 28, 2019
Derivative Instruments and Hedging Activities Disclosure [Abstract]  
Schedule of Largest Net Notional Amounts of The Positions to Buy or Sell Foreign Currency
The following table shows the five largest net notional amounts of the positions to buy or sell foreign currency as of September 28, 2019, and the corresponding positions as of December 31, 2018
 
Notional Amount
Net Buy (Sell) by Currency
September 28,
2019
 
December 31,
2018
Euro
$
138

 
$
89

British pound
73

 
139

Australian dollar
(122
)
 
(105
)
Chinese renminbi
(67
)
 
(55
)
Brazilian Real
(43
)
 
(41
)

Summary of Fair Values and Location In Condensed Consolidated Balance Sheet
The following tables summarize the fair values and locations in the Condensed Consolidated Balance Sheets of all derivative financial instruments held by the Company as of September 28, 2019 and December 31, 2018:
 
Fair Values of Derivative Instruments
September 28, 2019
Other Current Assets
Accrued Liabilities
Derivatives designated as hedging instruments:
 
 
 
Foreign exchange contracts
$
16

 
$

Derivatives not designated as hedging instruments:
 
 
 
Foreign exchange contracts
$
1

 
$
1

Total derivatives
$
17

 
$
1

 
Fair Values of Derivative Instruments
December 31, 2018
Other Current Assets
Accrued Liabilities
Derivatives not designated as hedging instruments:
 
 
 
Foreign exchange contracts
$
5

 
$
4


Summary of Derivative Instruments and The Effect on the Condensed Consolidated Statements Of Operations
The following table summarizes the effect of derivatives on the Company's condensed consolidated financial statements for the three and nine months ended September 28, 2019 and September 29, 2018:
 
Three Months Ended
 
Nine Months Ended
 
Financial Statement Location
Foreign Exchange Contracts
September 28, 2019
 
September 29, 2018
 
September 28, 2019
 
September 29, 2018
 
Effective portion
$
8

 
$
(1
)
 
$
16

 
$

 
Accumulated other
comprehensive income
Forward points recognized
2

 

 
5

 

 
Other income
Undesignated derivatives recognized
(9
)
 
8

 
(16
)
 
(15
)
 
Other expense