v3.19.2
Derivative and Hedging (Tables)
6 Months Ended
Jun. 30, 2019
Derivative Instruments And Hedging Activities Disclosure [Abstract]  
Summary of Gains (Losses) Recognized in Condensed Consolidated Statements of Income on Derivative Instruments

The following table presents gains (losses) recognized in the condensed consolidated statements of income on derivative instruments:

 

 

 

 

Three Months Ended

 

 

Six Months Ended

 

 

 

 

 

June 30,

 

 

June 30,

 

(in millions)

 

 

 

2019

 

 

2018

 

 

2019

 

 

2018

 

Derivative Instruments

 

Statement of Income Classification

 

Gains (Losses)

 

 

Gains (Losses)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Total return swaps

 

Nonoperating income (expense)

 

$

(14

)

 

$

2

 

 

$

(64

)

 

$

7

 

Forward foreign currency

   exchange contracts

 

Other general and administration expense

 

 

(49

)

 

 

(93

)

 

 

(13

)

 

 

(63

)

Total gain (loss) from derivative instruments

 

$

(63

)

 

$

(91

)

 

$

(77

)

 

$

(56

)