XML 66 R55.htm IDEA: XBRL DOCUMENT v3.22.2
Derivative and Other Financial Instruments - Cash Flow Hedges (Details) - USD ($)
$ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2022
Mar. 31, 2022
Jun. 30, 2021
Mar. 31, 2021
Jun. 30, 2022
Jun. 30, 2021
Derivative Instruments, Gain (Loss) [Line Items]            
Amount of gain/(loss) recognized in OCI $ (86)   $ 17   $ (44) $ 32
Net income / (loss) from discontinued operations 0   (3)   0 42
Net income 329 $ 246 173 $ 245 575 418
Designated as Hedging Instrument | Derivatives in cash flow hedges            
Derivative Instruments, Gain (Loss) [Line Items]            
Amount of gain/(loss) recognized in OCI (66)   31   (21) 56
Designated as Hedging Instrument | Derivatives in cash flow hedges | Reclassification out of Accumulated Other Comprehensive Income            
Derivative Instruments, Gain (Loss) [Line Items]            
Provision for income taxes (4)   (5)   (7) (9)
Net income from continuing operations 14   15   20 25
Net income 14   15   20 26
Designated as Hedging Instrument | Foreign exchange | Derivatives in cash flow hedges            
Derivative Instruments, Gain (Loss) [Line Items]            
Amount of gain/(loss) recognized in OCI 0   0   (5) (1)
Designated as Hedging Instrument | Foreign exchange | Derivatives in cash flow hedges | Reclassification out of Accumulated Other Comprehensive Income            
Derivative Instruments, Gain (Loss) [Line Items]            
Net income / (loss) from discontinued operations     (1)      
Designated as Hedging Instrument | Foreign exchange | Derivatives in cash flow hedges | Reclassification out of Accumulated Other Comprehensive Income | Net Revenue            
Derivative Instruments, Gain (Loss) [Line Items]            
Amount of gain/(loss) reclassified from AOCI into income (1)   0   (6) (1)
Designated as Hedging Instrument | Foreign exchange | Derivatives in cash flow hedges | Reclassification out of Accumulated Other Comprehensive Income | Cost of products sold            
Derivative Instruments, Gain (Loss) [Line Items]            
Amount of gain/(loss) reclassified from AOCI into income 0   0   (1) 0
Designated as Hedging Instrument | Interest Rate Swap | Derivatives in cash flow hedges            
Derivative Instruments, Gain (Loss) [Line Items]            
Amount of gain/(loss) recognized in OCI 0   1   0 2
Designated as Hedging Instrument | Commodities | Derivatives in cash flow hedges            
Derivative Instruments, Gain (Loss) [Line Items]            
Amount of gain/(loss) recognized in OCI (66)   30   (16) 55
Designated as Hedging Instrument | Commodities | Derivatives in cash flow hedges | Reclassification out of Accumulated Other Comprehensive Income            
Derivative Instruments, Gain (Loss) [Line Items]            
Amount of gain/(loss) reclassified from AOCI into income 18   20   27 34
Net income / (loss) from discontinued operations     1     1
Designated as Hedging Instrument | Commodities | Derivatives in cash flow hedges | Reclassification out of Accumulated Other Comprehensive Income | Net Revenue            
Derivative Instruments, Gain (Loss) [Line Items]            
Amount of gain/(loss) reclassified from AOCI into income (3)   (16)   (14) (20)
Designated as Hedging Instrument | Commodities | Derivatives in cash flow hedges | Reclassification out of Accumulated Other Comprehensive Income | Cost of products sold            
Derivative Instruments, Gain (Loss) [Line Items]            
Amount of gain/(loss) reclassified from AOCI into income $ 22   $ 36   $ 48 $ 55