Consolidated Statements of Cash Flows - USD ($) $ in Millions	6 Months Ended
	Jun. 30, 2020	Jun. 30, 2019
Cash flows from operating activities:
Net income	$ 458	$ 1,820
Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation and amortization	698	650
Amortization of debt-related costs	7	4
Share-based compensation	29	24
Inventory valuation charges	323
Equity investments -
Equity income	(61)	(128)
Distributions of earnings, net of tax	81	149
Deferred income taxes	(90)	110
Changes in assets and liabilities that provided (used) cash:
Accounts receivable	487	(263)
Inventories	463	(173)
Accounts payable	(485)	(102)
Other, net	(76)	(248)
Net cash provided by operating activities	1,834	1,843
Cash flows from investing activities:
Expenditures for property, plant and equipment	(1,248)	(1,221)
Purchases of available-for-sale debt securities	(270)
Proceeds from sales and maturities of available-for-sale debt securities	0	511
Purchases of equity securities	(184)
Proceeds from sales of equity securities	1	332
Other, net	(26)	(78)
Net cash used in investing activities	(1,727)	(456)
Cash flows from financing activities:
Repurchases of Company ordinary shares	(4)	(512)
Dividends paid - common stock	(701)	(760)
Purchase of non-controlling interest	(30)	(63)
Issuance of long-term debt	2,492
Repayments of long-term debt	(500)	(1,000)
Payments of debt issuance costs	(18)	(4)
Issuance of short-term debt	521	2,000
Repayments of short-term Debt	(500)
Net proceeds from (repayments of) commercial paper	212	(128)
Payments on forward-starting interest rate swaps that include financing elements	(238)
Proceeds from settlement of cash flow hedges	346
Other, net	(12)	(15)
Net cash provided by (used in) financing activities	1,568	(482)
Effect of exchange rate changes on cash	15	2
Increase in cash and cash equivalents and restricted cash	1,690	907
Cash and cash equivalents and restricted cash at beginning of period	888	401
Cash and cash equivalents and restricted cash at end of period	$ 2,578	$ 1,308