XML 68 R57.htm IDEA: XBRL DOCUMENT v3.22.2.2
Derivative and Other Financial Instruments - Cash Flow Hedges (Details) - USD ($)
$ in Millions
3 Months Ended 9 Months Ended
Sep. 30, 2022
Jun. 30, 2022
Mar. 31, 2022
Sep. 30, 2021
Jun. 30, 2021
Mar. 31, 2021
Sep. 30, 2022
Sep. 30, 2021
Derivative Instruments, Gain (Loss) [Line Items]                
Amount of gain/(loss) recognized in OCI $ (18)     $ (6)     $ (62) $ 26
Net loss from discontinued operations 0     (85)     0 (43)
Net income 158 $ 329 $ 246 131 $ 173 $ 245 733 549
Designated as Hedging Instrument | Derivatives in cash flow hedges                
Derivative Instruments, Gain (Loss) [Line Items]                
Amount of gain/(loss) recognized in OCI (23)     23     (44) 79
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 1     (7)     (6) (16)
Net income from continuing operations (1)     25     19 50
Net income (1)     29     19 55
Designated as Hedging Instrument | Foreign exchange | Derivatives in cash flow hedges                
Derivative Instruments, Gain (Loss) [Line Items]                
Amount of gain/(loss) recognized in OCI 1     2     (4) 1
Designated as Hedging Instrument | Foreign exchange | Derivatives in cash flow hedges | Reclassification out of Accumulated Other Comprehensive Income | Net sales                
Derivative Instruments, Gain (Loss) [Line Items]                
Amount of gain/(loss) reclassified from AOCI into income (1)     2     (7) 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 2     0     1 0
Designated as Hedging Instrument | Interest Rate | Derivatives in cash flow hedges                
Derivative Instruments, Gain (Loss) [Line Items]                
Amount of gain/(loss) recognized in OCI 0     0     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 (24)     21     (40) 76
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 (2)     32     25 66
Net loss from discontinued operations       4       5
Designated as Hedging Instrument | Commodities | Derivatives in cash flow hedges | Reclassification out of Accumulated Other Comprehensive Income | Net sales                
Derivative Instruments, Gain (Loss) [Line Items]                
Amount of gain/(loss) reclassified from AOCI into income 6     (15)     (8) (35)
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 $ (9)     $ 45     $ 39 $ 100