XML 80 R69.htm IDEA: XBRL DOCUMENT v3.24.1.u1
DERIVATIVE INSTRUMENTS AND HEDGING ACTIVITIES - Summary of Gains and Losses on Hedging Instruments (Details) - USD ($)
$ in Millions
3 Months Ended
Mar. 31, 2024
Mar. 31, 2023
Derivative Instruments, Gain (Loss) [Line Items]    
Other comprehensive income (loss), cash flow hedge and net investment hedge, gain (loss), before reclassification, tax $ 46 $ (48)
Other comprehensive income (loss), reclassification adjustment from AOCI, cash flow hedges and net investment hedges, net of tax (2) 3
Total (40) (3)
Fair value hedges    
Derivative Instruments, Gain (Loss) [Line Items]    
Foreign exchange contracts (2) 0
Fair value hedges | Other income, net    
Derivative Instruments, Gain (Loss) [Line Items]    
Other comprehensive income (loss), derivative, excluded component, increase (decrease), adjustments, before tax (3) 0
Earnings, fair value hedge, gain (loss), reclassification, before tax (23) 0
Net Investment Hedging    
Derivative Instruments, Gain (Loss) [Line Items]    
Other comprehensive income (loss), net investment hedge, gain (loss), before reclassification and tax 38 (48)
Net Investment Hedging | Other income, net    
Derivative Instruments, Gain (Loss) [Line Items]    
Net investment hedges 0 0
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 (1) (1)
Foreign exchange contracts | Other income, net    
Derivative Instruments, Gain (Loss) [Line Items]    
Gain (loss) recognized in income, undesignated derivative instruments (17) (3)
Foreign exchange contracts | Cash Flow Hedging    
Derivative Instruments, Gain (Loss) [Line Items]    
Other comprehensive income (loss), cash flow hedge, gain (loss), before reclassification, tax 10 0
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 $ 2 $ 4