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Financial Instruments - Fair Value of Derivative Instruments (Details)
$ in Millions
Dec. 31, 2021
EUR (€)
Dec. 31, 2021
USD ($)
Sep. 20, 2021
EUR (€)
Dec. 31, 2020
USD ($)
Derivatives, Fair Value [Line Items]        
Asset Derivatives   $ 687   $ 465
Liability Derivatives   242   716
0.000% Notes Due September 2024 | Exchangeable Notes        
Derivatives, Fair Value [Line Items]        
Debt issued | € € 300,000,000   € 300,000,000  
Derivatives designated as accounting hedges        
Derivatives, Fair Value [Line Items]        
Asset Derivatives   144   126
Liability Derivatives   62   469
Derivatives designated as accounting hedges | Interest rate contracts        
Derivatives, Fair Value [Line Items]        
Asset Derivatives   27   12
Liability Derivatives   17   340
Derivatives designated as accounting hedges | Net investment hedge contracts        
Derivatives, Fair Value [Line Items]        
Asset Derivatives [1]   117   114
Liability Derivatives [1]   45   129
Derivatives not designated as accounting hedges        
Derivatives, Fair Value [Line Items]        
Asset Derivatives   543   339
Liability Derivatives   180   247
Derivatives not designated as accounting hedges | Currency exchange contracts        
Derivatives, Fair Value [Line Items]        
Asset Derivatives   156   134
Liability Derivatives   40   119
Derivatives not designated as accounting hedges | Commodity contracts        
Derivatives, Fair Value [Line Items]        
Asset Derivatives   387   205
Liability Derivatives   137   128
Derivatives not designated as accounting hedges | Equity method investment contracts        
Derivatives, Fair Value [Line Items]        
Asset Derivatives [2]   0   0
Liability Derivatives [2]   $ 3   $ 0
[1] Net investment hedge contracts consist of cross-currency interest rate swaps and forward contracts. We also designate some of our non-U.S. dollar denominated debt to hedge a portion of our net investments in our non-U.S. operations. This debt is not reflected in the table above, but is included in long-term debt discussed in Note 9, Debt and Borrowing Arrangements. Both net investment hedge derivative contracts and non-U.S. dollar denominated debt acting as net investment hedges are also disclosed in the Derivative Volume table and the Hedges of Net Investments in International Operations section appearing later in this footnote.
[2] Equity method investment contracts consist of the bifurcated embedded derivative option that was a component of the September 20, 2021 €300 million exchangeable bonds issuance. Refer to Note 9, Debt and Borrowing Arrangements