Derivatives and Hedging Instruments (Tables)

3 Months Ended

Mar. 31, 2016

Derivative Instruments and Hedging Activities Disclosure [Abstract]

Schedule of Derivative Instruments in Statement of Financial Position, Fair Value

The following tables provide information on the location and amounts of derivative fair values in the Condensed Consolidated Balance Sheets:



	Fair Values of Derivative Instruments
	March 31, 2016
In millions	Balance Sheet Location	Notional Amount	Fair Value	Balance Sheet Location	Notional Amount	Fair Value
Derivatives designated as hedging instruments
Interest rate swap	Other current assets	$—	$—	Other current liabilities	$368	$2
Foreign exchange contracts	Other current assets	60	2	Other current liabilities	94	3
Total derivatives designated as hedging instruments			$2			$5
Derivatives not designated as hedging instruments
Foreign exchange contracts	Other current assets	$72	$—	Other current liabilities	$269	$2
Total derivatives not designated as hedging instruments			—			2
Total derivatives			$2			$7

	Fair Values of Derivative Instruments
	December 31, 2015
In millions	Balance Sheet Location	Notional Amount	Fair Value	Balance Sheet Location	Notional Amount	Fair Value
Derivatives designated as hedging instruments
Interest rate swap	Other current assets	$—	$—	Other current liabilities	$380	$3
Foreign exchange contracts	Other current assets	53	2	Other current liabilities	105	1
Total derivatives designated as hedging instruments			$2			$4
Derivatives not designated as hedging instruments
Foreign exchange contracts	Other current assets	$191	$1	Other current liabilities	$204	$1
Total derivatives not designated as hedging instruments			1			1
Total derivatives			$3			$5

Schedule of Derivative Instruments, Gain (Loss) in Statement of Financial Performance

The effects of derivative instruments on the Condensed Consolidated Statement of Operations for the three months ended March 31, 2016 and 2015 were as follows:

In millions

Amount of Gain (Loss) Recognized in Other Comprehensive Income (OCI) on Derivative
(Effective Portion)

Amount of (Gain) Loss Reclassified from AOCI into the Condensed Consolidated Statement of Operations
(Effective Portion)

Amount of (Gain) Loss Recognized in the Condensed Consolidated Statement of Operations (Ineffective Portion and Amount Excluded from Effectiveness Testing)

Derivatives in Cash Flow Hedging Relationships

For the three months ended March 31, 2016

For the three months ended March 31, 2015

Location of (Gain) Loss Reclassified from AOCI into the Condensed Consolidated Statement of Operations (Effective Portion)

For the three months ended March 31, 2016

For the three months ended March 31, 2015

Location of (Gain) Loss Recognized in the Condensed Consolidated Statement of Operations (Ineffective Portion and Amount Excluded from Effectiveness Testing)

For the three months ended March 31, 2016

For the three months ended March 31, 2015

Interest rate swap

$—

$(1)

Interest expense

$—

Foreign exchange contracts

$(2)

$10

Cost of products

$—

$(2)

Other (expense) income, net

$—



In millions		Amount of Gain (Loss) Recognized in the Condensed Consolidated Statement of Operations
		Three months ended March 31
Derivatives not Designated as Hedging Instruments	Location of Gain (Loss) Recognized in the Condensed Consolidated Statement of Operations	2016	2015
Foreign exchange contracts	Other (expense) income, net	$2	$(1)