XML 79 R69.htm IDEA: XBRL DOCUMENT v3.22.2
DERIVATIVE INSTRUMENTS AND HEDGING ACTIVITIES - Summary of Gains and Losses on Hedging Instruments (Details) - USD ($)
$ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2022
Jun. 30, 2021
Jun. 30, 2022
Jun. 30, 2021
Derivative Instruments, Gain (Loss) [Line Items]        
Other comprehensive income (loss), net investment hedge, gain (loss), before reclassification and tax $ 143 $ (31)    
Other comprehensive income (loss), cash flow hedge and net investment hedge, gain (loss), before reclassification, tax 162 (34) $ 201 $ 84
Other comprehensive income (loss), reclassification adjustment from AOCI, cash flow hedges and net investment hedges, net of tax 1 (10) 2 (21)
Other (income) expense, net        
Derivative Instruments, Gain (Loss) [Line Items]        
Other comprehensive income (loss), net investment hedge, gain (loss), before reclassification and tax 0 0 0 0
Net Investment Hedging        
Derivative Instruments, Gain (Loss) [Line Items]        
Other comprehensive income (loss), net investment hedge, gain (loss), before reclassification and tax     185 83
Interest rate contracts        
Derivative Instruments, Gain (Loss) [Line Items]        
Other comprehensive income (loss), cash flow hedge, gain (loss), before reclassification, tax 0 0    
Interest rate contracts | Interest expense, net        
Derivative Instruments, Gain (Loss) [Line Items]        
Other comprehensive income (loss), cash flow hedge, gain (loss), reclassification, before tax (2) (2)    
Interest rate contracts | Cash Flow Hedging        
Derivative Instruments, Gain (Loss) [Line Items]        
Other comprehensive income (loss), cash flow hedge, gain (loss), before reclassification, tax     0 0
Interest rate contracts | Cash Flow Hedging | Interest expense, net        
Derivative Instruments, Gain (Loss) [Line Items]        
Other comprehensive income (loss), cash flow hedge, gain (loss), reclassification, before tax     (3) (3)
Foreign exchange contracts        
Derivative Instruments, Gain (Loss) [Line Items]        
Other comprehensive income (loss), cash flow hedge, gain (loss), before reclassification, tax 19 (3)    
Foreign exchange contracts | Cost of sales        
Derivative Instruments, Gain (Loss) [Line Items]        
Other comprehensive income (loss), cash flow hedge, gain (loss), reclassification, before tax 3 (8)    
Foreign exchange contracts | Other (income) expense, net        
Derivative Instruments, Gain (Loss) [Line Items]        
Gain (loss) recognized in income, undesignated derivative instruments $ (26) $ 3 (23) (19)
Foreign exchange contracts | Cash Flow Hedging        
Derivative Instruments, Gain (Loss) [Line Items]        
Other comprehensive income (loss), cash flow hedge, gain (loss), before reclassification, tax     16 1
Foreign exchange contracts | Cash Flow Hedging | Cost of sales        
Derivative Instruments, Gain (Loss) [Line Items]        
Other comprehensive income (loss), cash flow hedge, gain (loss), reclassification, before tax     $ 5 $ (18)