XML 67 R56.htm IDEA: XBRL DOCUMENT v3.20.2
FINANCIAL INSTRUMENTS AND FAIR VALUE MEASUREMENTS (Derivatives and Hedging) (Details)
€ in Millions, $ in Millions
3 Months Ended 9 Months Ended
Sep. 30, 2020
USD ($)
Sep. 30, 2019
USD ($)
Sep. 30, 2020
USD ($)
Sep. 30, 2019
USD ($)
Sep. 30, 2020
EUR (€)
Dec. 31, 2019
USD ($)
Derivative [Line Items]            
Debt Instrument, Face Amount $ 42,896.0   $ 42,896.0     $ 44,335.0
Derivative, Basis Spread on Variable Rate 4.60%   4.60%   4.60%  
Other Comprehensive Income (Loss), Cash Flow Hedge, Gain (Loss), before Reclassification and Tax $ (128.0) $ 63.0 $ (65.0) $ 102.0    
Other Comprehensive Income (Loss), Cash Flow Hedge, Gain (Loss), Reclassification, before Tax (17.0) (20.0) (69.0) (76.0)    
Other Comprehensive Income (Loss), Foreign Currency Transaction and Translation Gain (Loss), before Reclassification and Tax (16.0) 10.0 (81.0) 39.0    
Designated as Hedging Instrument [Member]            
Derivative [Line Items]            
Debt Instrument, Face Amount 1,100.0   1,100.0   € 950  
Other Comprehensive Income (Loss), Foreign Currency Transaction and Translation Gain (Loss), before Reclassification and Tax (39.0) 41.0 (51.0) 43.0    
Interest Rate Swap [Member]            
Derivative [Line Items]            
Derivative Liability 27.0   27.0     6.0
Interest Rate Swap [Member] | Designated as Hedging Instrument [Member]            
Derivative [Line Items]            
Derivative asset 27.0   27.0     6.0
Derivative Liability 0.0   0.0     0.0
Interest Rate Swap [Member] | Designated as Hedging Instrument [Member] | Assets [Member]            
Derivative [Line Items]            
Derivative, Notional Amount 255.0   255.0     255.0
Interest Rate Swap [Member] | Designated as Hedging Instrument [Member] | Liability [Member]            
Derivative [Line Items]            
Derivative, Notional Amount 0.0   0.0     0.0
Cross Currency Interest Rate Contract [Member]            
Derivative [Line Items]            
Other Comprehensive Income (Loss), Net Investment Hedge, Gain (Loss), before Reclassification and Tax (11.0) 2.0 (1.0) 4.0    
Cross Currency Interest Rate Contract [Member] | Designated as Hedging Instrument [Member]            
Derivative [Line Items]            
Derivative asset 2.0   2.0     2.0
Derivative Liability (1.0)   (1.0)     (1.0)
Cross Currency Interest Rate Contract [Member] | Designated as Hedging Instrument [Member] | Assets [Member]            
Derivative [Line Items]            
Derivative, Notional Amount 225.0   225.0     175.0
Cross Currency Interest Rate Contract [Member] | Designated as Hedging Instrument [Member] | Liability [Member]            
Derivative [Line Items]            
Derivative, Notional Amount 175.0   175.0     125.0
Foreign Exchange Forward [Member]            
Derivative [Line Items]            
Other Comprehensive Income (Loss), Cash Flow Hedge, Gain (Loss), before Reclassification and Tax (128.0) 63.0 (65.0) 102.0    
Foreign Exchange Forward [Member] | Designated as Hedging Instrument [Member]            
Derivative [Line Items]            
Derivative asset 18.0   18.0     27.0
Derivative Liability (116.0)   (116.0)     (20.0)
Foreign Exchange Forward [Member] | Designated as Hedging Instrument [Member] | Assets [Member]            
Derivative [Line Items]            
Derivative, Notional Amount 1,904.0   1,904.0     766.0
Foreign Exchange Forward [Member] | Designated as Hedging Instrument [Member] | Liability [Member]            
Derivative [Line Items]            
Derivative, Notional Amount 3,422.0   3,422.0     980.0
Foreign Exchange Forward [Member] | Not Designated as Hedging Instrument [Member]            
Derivative [Line Items]            
Derivative asset 27.0   27.0     91.0
Derivative Liability (3.0)   (3.0)     (10.0)
Foreign Exchange Forward [Member] | Not Designated as Hedging Instrument [Member] | Assets [Member]            
Derivative [Line Items]            
Derivative, Notional Amount 1,108.0   1,108.0     2,342.0
Foreign Exchange Forward [Member] | Not Designated as Hedging Instrument [Member] | Liability [Member]            
Derivative [Line Items]            
Derivative, Notional Amount 478.0   478.0     1,173.0
Foreign Exchange Contract [Member] | Not Designated as Hedging Instrument [Member]            
Derivative [Line Items]            
Derivative asset 0.0   0.0     14.0
Derivative Liability 0.0   0.0     (9.0)
Foreign Exchange Contract [Member] | Not Designated as Hedging Instrument [Member] | Assets [Member]            
Derivative [Line Items]            
Derivative, Notional Amount 123.0   123.0     2,482.0
Foreign Exchange Contract [Member] | Not Designated as Hedging Instrument [Member] | Liability [Member]            
Derivative [Line Items]            
Derivative, Notional Amount 65.0   65.0     $ 2,235.0
Forward Starting Interest Rate Swap Contracts [Member] | Not Designated as Hedging Instrument [Member]            
Derivative [Line Items]            
Derivative, Notional Amount   10,400.0   10,400.0    
Euro Member Countries, Euro | Foreign Exchange Forward [Member] | Designated as Hedging Instrument [Member]            
Derivative [Line Items]            
Derivative, Notional Amount 3,000.0   3,000.0      
Japan, Yen | Cross Currency Interest Rate Contract [Member] | Designated as Hedging Instrument [Member]            
Derivative [Line Items]            
Derivative, Notional Amount 400.0   400.0      
Japan, Yen | Foreign Exchange Forward [Member] | Designated as Hedging Instrument [Member]            
Derivative [Line Items]            
Derivative, Notional Amount 1,400.0   1,400.0      
Cost of products sold [Member] | Interest Rate Swap [Member]            
Derivative [Line Items]            
Derivative, Gain (Loss) on Derivative, Net 0.0 0.0 0.0 0.0    
Cost of products sold [Member] | Cross Currency Interest Rate Contract [Member]            
Derivative [Line Items]            
Derivative, Gain (Loss) on Derivative, Net 0.0 0.0 0.0 0.0    
Cost of products sold [Member] | Foreign Exchange Forward [Member]            
Derivative [Line Items]            
Derivative, Gain (Loss) on Derivative, Net (5.0) (20.0) (63.0) (76.0)    
Other Comprehensive Income (Loss), Cash Flow Hedge, Gain (Loss), Reclassification, before Tax (17.0) (20.0) (69.0) (76.0)    
Cost of products sold [Member] | Foreign Exchange Contract [Member]            
Derivative [Line Items]            
Derivative, Gain (Loss) on Derivative, Net 0.0   0.0      
Cost of products sold [Member] | Forward Starting Interest Rate Swap Contracts [Member]            
Derivative [Line Items]            
Derivative, Gain (Loss) on Derivative, Net   0.0   0.0    
Cost of products sold [Member] | Deal Contingent Forward Starting Interest Rate Swap            
Derivative [Line Items]            
Derivative, Gain (Loss) on Derivative, Net   0.0   0.0    
Other (Income)/expense, net [Member] | Interest Rate Swap [Member]            
Derivative [Line Items]            
Derivative, Gain (Loss) on Derivative, Net (7.0) (6.0) (21.0) (18.0)    
Other (Income)/expense, net [Member] | Cross Currency Interest Rate Contract [Member]            
Derivative [Line Items]            
Derivative, Gain (Loss) on Derivative, Net (3.0) (2.0) (8.0) (6.0)    
Other (Income)/expense, net [Member] | Foreign Exchange Forward [Member]            
Derivative [Line Items]            
Derivative, Gain (Loss) on Derivative, Net 14.0 (9.0) (41.0) (11.0)    
Other (Income)/expense, net [Member] | Foreign Exchange Contract [Member]            
Derivative [Line Items]            
Derivative, Gain (Loss) on Derivative, Net $ 0.0   $ 1.0      
Other (Income)/expense, net [Member] | Forward Starting Interest Rate Swap Contracts [Member]            
Derivative [Line Items]            
Derivative, Gain (Loss) on Derivative, Net   0.0   35.0    
Other (Income)/expense, net [Member] | Deal Contingent Forward Starting Interest Rate Swap            
Derivative [Line Items]            
Derivative, Gain (Loss) on Derivative, Net   $ 0.0   $ 240.0    
London Interbank Offered Rate (LIBOR) [Member]            
Derivative [Line Items]            
Derivative, Variable Interest Rate 0.15%   0.15%   0.15%