v3.19.3.a.u2
Derivative and Hedging (Tables)
 12 Months Ended
Dec. 31, 2019
Derivative Instruments And Hedging Activities Disclosure [Abstract]  
Summary of Gains (Losses) Recognized in Consolidated Statements of Income on Derivative Instruments

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

 

(in millions)

 

 

 

Gains (Losses)

 

Derivative Instruments

 

Statement of Income Classification

 

2019

 

 

2018

 

 

2017

 

Total return swaps

 

Nonoperating income (expense)

 

$

(106

)

 

$

54

 

 

$

(118

)

Interest rate swaps

 

Nonoperating income (expense)

 

 

—

 

 

 

—

 

 

 

(2

)

Forward foreign currency exchange contracts

 

General and administration expense

 

 

55

 

 

 

(124

)

 

 

63

 

Total gain (loss) from derivative instruments

 

$

(51

)

 

$

(70

)

 

$

(57

)