Financial Instruments (Tables)

3 Months Ended

Mar. 31, 2020

Derivative Instruments, Gain (Loss) [Line Items]

Schedule of Price Risk Derivatives

	Commodity derivative contracts
Commodity	Volume hedged March 31, 2020	Volume hedged December 31, 2019	Units of measure	Duration
Copper	148	203	Metric Tons	Dec - 20

Notional Amounts of Outstanding Derivative Positions

Foreign currency derivatives (in millions)
Functional currency	Traded currency	Notional in traded currency March 31, 2020	Notional in traded currency December 31, 2019	Ending Duration
Brazilian real	Euro	—	1	Mar - 20
British pound	Euro	—	9	Mar - 20
British pound	US dollar	—	4	Mar - 20
Chinese renminbi	US dollar	5	2	Dec - 20
Euro	British pound	2	—	Jan - 21
Euro	Chinese renminbi	22	—	Oct - 20
Euro	Japanese yen	290	383	Dec - 20
Euro	Polish zloty	165	—	Dec - 20
Euro	US dollar	11	18	Dec - 20
Indian rupee	Japanese yen	78	—	Jul - 20
Indian rupee	US dollar	3	—	May - 20
Japanese yen	Chinese renminbi	26	—	Jul - 20
Japanese yen	Korean won	3,705	—	Dec - 20
Japanese yen	US dollar	1	—	Jul - 20
Korean won	Euro	10	13	Dec - 20
Korean won	Japanese yen	530	409	Dec - 20
Korean won	US dollar	38	4	Dec - 20
Swedish krona	Euro	—	3	Jan - 20
US dollar	Euro	2	14	Dec - 20
US dollar	Mexican peso	380	—	Mar - 21

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 €	$	500	€	450	Mar - 25
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	March 31, 2020		December 31, 2019		Location	March 31, 2020		December 31, 2019
Foreign currency	Prepayments and other current assets	$	2	$	—	Accounts payable and accrued expenses	$	4	$	1
Net investment hedges	Other non-current assets	$	30	$	3	Other non-current liabilities	$	—	$	8
Commodity	Prepayments and other current assets	$	—	$	—	Accounts payable and accrued expenses	$	—	$	—
Swaption	Prepayments and other current assets	$	1	$	—	Accounts payable and accrued expenses	$	—	$	—
Derivatives not designated as hedging instruments
Foreign currency	Prepayments and other current assets	$	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	March 31, 2020			December 31, 2019
Foreign currency	$	(3	)	$	—		$	(3	)
Interest rate swaption	1			—			—
Net investment hedges:
Foreign currency	6			5			—
Cross-currency swaps	51			16			—
Foreign currency denominated debt	(9		)	(17		)	—
Total	$	46		$	4		$	(3	)

Schedule of Derivative Instruments

	Three Months Ended March 31, 2020
(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	$	2,279	$	1,832	$	213	$	(74	)
Gain (loss) on cash flow hedging relationships:
Foreign currency
Gain (loss) recognized in other comprehensive income							$	(3	)
Gain (loss) reclassified from AOCI to income	$	—	$	—	$	—

	Three Months Ended March 31, 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	$	2,566		$	2,047	$	226	$	(1	)
Gain (loss) on cash flow hedging relationships:
Foreign currency
Gain (loss) recognized in other comprehensive income								$	—
Gain (loss) reclassified from AOCI to income	$	(1	)	$	—	$	1	$	—

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

(in millions)	Three Months Ended March 31,
Net investment hedges	2020		2019
Foreign currency	$	1	$	—
Cross-currency swaps	$	35	$	9
Foreign currency denominated debt	$	8	$	12

Derivative Instruments, Gain (Loss)

(in millions)	Three Months Ended March 31,
Net investment hedges	2020		2019
Cross-currency swaps	$	4	$	3

Derivatives Not Designated as Hedging Instruments

(in millions)		Three Months Ended March 31,
Contract Type	Location	2020		2019
Foreign Currency	Selling, general and administrative expenses	$	3	$	(2	)