XML 52 R42.htm IDEA: XBRL DOCUMENT v3.22.1
Derivative Instruments - Effect on Income (Details) - USD ($)
$ in Millions
3 Months Ended
Mar. 31, 2022
Mar. 31, 2021
Dec. 31, 2021
Derivative Instruments and Hedging Activities Disclosure [Abstract]      
Carrying Amount of Hedged Assets/(Liabilities) $ 77.5   $ 59.3
Cumulative Amount of Fair Value Hedging Adjustment Included in the Carrying Amount of the Hedged Asset/(Liabilities) 14.6   0.6
Gain (loss) on derivative      
Revenue 12,382.0 $ 5,957.9  
Cost of revenue 12,151.1 5,766.3  
Derivative, Credit Risk Related Contingent Features [Abstract]      
Net derivative liability positions with credit contingent features 11.0   3.3
Collateral posted and held by our counterparties 0.0   0.0
Maximum additional potential collateral requirements 11.0   $ 3.3
Revenue      
Gain (loss) on derivative      
Revenue 12,382.0 5,957.9  
Gains (losses) on fair value hedge relationships:      
Total amount of income and expense line items excluding the impact of hedges, Revenue 12,415.0 5,969.6  
Cost of revenue      
Gain (loss) on derivative      
Cost of revenue 12,151.1 5,766.3  
Gains (losses) on fair value hedge relationships:      
Total amount of income and expense line items excluding the impact of hedges, Cost of Revenue 12,138.6 5,791.0  
Interest expense and other financing costs, net      
Gain (loss) on derivative      
Interest expense and other financing costs, net 14.3 11.1  
Gains (losses) on fair value hedge relationships:      
Total amount of income and expense line items excluding the impact of hedges, Interest expense and other financing costs 14.0 10.8  
Commodity contracts | Revenue      
Gains (losses) on fair value hedge relationships:      
Hedged item 0.0 0.0  
Derivatives designated as hedging instruments 0.0 0.0  
Amount of gain (loss) reclassified from Accumulated other comprehensive income (loss) into net income (33.0) (11.7)  
Commodity contracts | Cost of revenue      
Gains (losses) on fair value hedge relationships:      
Hedged item 28.6 12.0  
Derivatives designated as hedging instruments (41.2) (8.4)  
Amount of gain (loss) reclassified from Accumulated other comprehensive income (loss) into net income 0.0 21.0  
Commodity contracts | Interest expense and other financing costs, net      
Gains (losses) on fair value hedge relationships:      
Hedged item 0.0 0.0  
Derivatives designated as hedging instruments 0.0 0.0  
Amount of gain (loss) reclassified from Accumulated other comprehensive income (loss) into net income 0.0 0.0  
Interest rate contracts | Revenue      
Gains (losses) on fair value hedge relationships:      
Amount of gain (loss) reclassified from Accumulated other comprehensive income (loss) into net income 0.0 0.0  
Interest rate contracts | Cost of revenue      
Gains (losses) on fair value hedge relationships:      
Amount of gain (loss) reclassified from Accumulated other comprehensive income (loss) into net income 0.0 0.0  
Interest rate contracts | Interest expense and other financing costs, net      
Gains (losses) on fair value hedge relationships:      
Amount of gain (loss) reclassified from Accumulated other comprehensive income (loss) into net income (0.3) (0.2)  
Derivatives designated as hedging instruments      
Gains (losses) on fair value hedge relationships:      
Amount of Gain (Loss) Recognized in Accumulated other comprehensive income (loss), Net of Income Tax (Expense) Benefit (44.1) 25.5  
Amount of Gain (Loss) Reclassified from Accumulated other comprehensive income (loss) into Net income (loss), Net of Income Tax (Expense) Benefit (24.8) 9.1  
Derivatives designated as hedging instruments | Commodity contracts | Revenue      
Gains (losses) on fair value hedge relationships:      
Gain (Loss) Not Recorded in Accumulated other comprehensive income (loss) Due to Intra-Period Settlement (75.3) (76.8)  
Amount of Gain (Loss) Recognized in Accumulated other comprehensive income (loss), Net of Income Tax (Expense) Benefit (52.7) (62.8)  
Amount of Gain (Loss) Reclassified from Accumulated other comprehensive income (loss) into Net income (loss), Net of Income Tax (Expense) Benefit (24.6) (11.7)  
Derivatives designated as hedging instruments | Commodity contracts | Cost of revenue      
Gains (losses) on fair value hedge relationships:      
Gain (Loss) Not Recorded in Accumulated other comprehensive income (loss) Due to Intra-Period Settlement 1.4 7.2  
Amount of Gain (Loss) Recognized in Accumulated other comprehensive income (loss), Net of Income Tax (Expense) Benefit 0.0 84.6  
Amount of Gain (Loss) Reclassified from Accumulated other comprehensive income (loss) into Net income (loss), Net of Income Tax (Expense) Benefit 0.0 21.0  
Derivatives designated as hedging instruments | Interest rate contracts | Interest expense and other financing costs, net      
Gains (losses) on fair value hedge relationships:      
Amount of Gain (Loss) Recognized in Accumulated other comprehensive income (loss), Net of Income Tax (Expense) Benefit 8.6 3.6  
Amount of Gain (Loss) Reclassified from Accumulated other comprehensive income (loss) into Net income (loss), Net of Income Tax (Expense) Benefit (0.2) (0.2)  
Derivatives not designated as hedging instruments      
Gains (losses) on fair value hedge relationships:      
Derivative Instruments - Non-designated 67.6 12.9  
Derivatives not designated as hedging instruments | Commodity contracts      
Gains (losses) on fair value hedge relationships:      
Derivative Instruments - Non-designated 70.5 9.2  
Derivatives not designated as hedging instruments | Commodity contracts | Revenue      
Gains (losses) on fair value hedge relationships:      
Derivative Instruments - Non-designated 76.9 (303.8)  
Derivatives not designated as hedging instruments | Commodity contracts | Cost of revenue      
Gains (losses) on fair value hedge relationships:      
Derivative Instruments - Non-designated (6.4) 313.0  
Derivatives not designated as hedging instruments | Foreign currency contracts      
Gains (losses) on fair value hedge relationships:      
Derivative Instruments - Non-designated (2.9) 3.7  
Derivatives not designated as hedging instruments | Foreign currency contracts | Revenue      
Gains (losses) on fair value hedge relationships:      
Derivative Instruments - Non-designated (0.6) 0.4  
Derivatives not designated as hedging instruments | Foreign currency contracts | Interest expense and other financing costs, net      
Gains (losses) on fair value hedge relationships:      
Derivative Instruments - Non-designated $ (2.3) $ 3.3