Financial Instruments (Tables)

6 Months Ended

Jun. 30, 2019

Derivative Instruments, Gain (Loss) [Line Items]

Schedule of Price Risk Derivatives

	Commodity derivative contracts
Commodity	Volume hedged June 30, 2019	Volume hedged December 31, 2018	Units of measure	Duration
Copper	120	257	Metric Tons	Dec - 19

Notional Amounts of Outstanding Derivative Positions

Foreign currency derivatives (in millions)
Functional currency	Traded currency	Notional in traded currency June 30, 2019	Notional in traded currency December 31, 2018	Ending Duration
Brazilian real	Euro	4	4	Jan - 20
Brazilian real	US dollar	—	5	Dec - 19
British pound	Euro	23	—	Mar - 20
British pound	US dollar	9	—	Mar - 20
Chinese renminbi	US dollar	16	—	Dec - 19
Euro	British pound	9	7	Dec - 19
Euro	Chinese renminbi	22	—	Dec - 19
Euro	Japanese yen	257	—	Dec - 19
Euro	Swedish krona	540	540	Jun - 20
Euro	US dollar	7	19	Dec - 19
Japanese yen	Chinese renminbi	44	89	Dec - 19
Japanese yen	Korean won	2,773	5,785	Dec - 19
Japanese yen	US dollar	1	3	Dec - 19
Korean won	Euro	3	6	Dec - 19
Korean won	Japanese yen	112	266	Dec - 19
Korean won	US dollar	22	7	Dec - 19
Swedish krona	Euro	30	56	Jan - 20
US dollar	Euro	9	—	Jan - 20
US dollar	Mexican peso	297	575	Dec - 19

Schedule of Foreign Exchange Contracts, Statement of Financial Position

	Cross-Currency Swaps
(in millions)	Notional in USD		Notional in Local Currency		Duration
Fixed $ to fixed €	$	250	€	206	Sep - 20
Fixed $ to fixed ¥	$	100	¥	10,978	Feb - 23

Derivatives Instruments in Statements of Financial Position

(in millions)	Assets					Liabilities
Derivatives designated as hedging instruments Under 815:	Location	June 30, 2019		December 31, 2018		Location	June 30, 2019		December 31, 2018
Foreign currency	Prepayments and other current assets	$	2	$	2	Accounts payable and accrued expenses	$	4	$	2
Net investment hedges	Other non-current assets	$	17	$	12	Other non-current liabilities	$	—	$	—
Derivatives not designated as hedging instruments
Foreign currency	Prepayments and other current assets	$	1	$	1	Accounts payable and accrued expenses	$	—	$	—

Deferred Losses Reported In Accumulated Other Comprehensive Income Loss

(in millions)	Deferred gain (loss) in AOCI at						Gain (loss) expected to be reclassified to income in one year or less
Contract Type	June 30, 2019			December 31, 2018
Foreign currency	$	(1	)	$	—		$	(1	)
Net investment hedges:
Foreign currency	$	4		$	4		$	—
Cross-currency swaps	17			12			—
Foreign currency denominated debt	(25		)	(30		)	—
Total	$	(5	)	$	(14	)	$	(1	)

Schedule of Derivative Instruments

	Three Months Ended June 30, 2019
(in millions)	Net sales			Cost of sales		Selling, general and administrative expenses		Other comprehensive income(loss)
Total amounts of earnings and other comprehensive income(loss) line items in which the effects of cash flow hedges are recorded	$	2,551		$	2,038	$	212	$	5
Gain (loss) on cash flow hedging relationships:
Foreign currency
Gain (loss) recognized in other comprehensive income								$	(1	)
Gain (loss) reclassified from AOCI to income	$	(1	)	$	1	$	—

	Six Months Ended June 30, 2019
(in millions)	Net sales			Cost of sales		Selling, general and administrative expenses		Other comprehensive income(loss)
Total amounts of earnings and other comprehensive income(loss) line items in which the effects of cash flow hedges are recorded	$	5,117		$	4,085	$	438	$	4
Gain (loss) on cash flow hedging relationships:
Foreign currency
Gain (loss) recognized in other comprehensive income								$	(1	)
Gain (loss) reclassified from AOCI to income	$	(2	)	$	1	$	1

	Three Months Ended June 30, 2018
(in millions)	Net sales			Cost of sales			Selling, general and administrative expenses		Other comprehensive income(loss)
Total amounts of earnings and other comprehensive income(loss) line items in which the effects of cash flow hedges are recorded	$	2,694		$	2,114		$	237	$	(138	)
Gain (loss) on cash flow hedging relationships:
Foreign currency
Gain (loss) recognized in other comprehensive income									$	—
Gain (loss) reclassified from AOCI to income	$	(1	)	$	(2	)	$	—

	Six Months Ended June 30, 2018
(in millions)	Net sales			Cost of sales			Selling, general and administrative expenses		Other comprehensive income(loss)
Total amounts of earnings and other comprehensive income(loss) line items in which the effects of cash flow hedges are recorded	$	5,478		$	4,307		$	490	$	(78	)
Gain (loss) on cash flow hedging relationships:
Foreign currency
Gain (loss) recognized in other comprehensive income									$	(6	)
Gain (loss) reclassified from AOCI to income	$	(1	)	$	(3	)	$	—

Schedule of Derivative Instruments, Effect on Other Comprehensive Income (Loss)

(in millions)	Three Months Ended June 30,					Six Months Ended June 30,
Net investment hedges	2019			2018		2019		2018
Cross-currency swaps	$	(4	)	$	14	$	5	$	7
Foreign currency denominated debt	$	(7	)	$	32	$	5	$	16

Derivative Instruments, Gain (Loss)

(in millions)	Three Months Ended June 30,				Six Months Ended June 30,
Net investment hedges	2019		2018		2019		2018
Cross-currency swaps	$	2	$	2	$	5	$	3

Derivatives Not Designated as Hedging Instruments

(in millions)		Three Months Ended June 30,					Six Months Ended June 30,
Contract Type	Location	2019			2018		2019			2018
Foreign Currency	Selling, general and administrative expenses	$	(1	)	$	3	$	(3	)	$	(1	)