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DERIVATIVE FINANCIAL INSTRUMENTS AND HEDGING ACTIVITIES - Amounts Recognized in Accumulated Other Comprehensive Loss (Details) - USD ($)
$ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2021
Jun. 30, 2020
Jun. 30, 2021
Jun. 30, 2020
Amounts recognized in accumulated other comprehensive income        
Total, gain (loss) on derivative and net investment hedge recognized in other comprehensive (loss) income $ (98) $ (27) $ 165 $ (175)
Total, gain (loss) on derivative and net investment hedge recognized in accumulated other comprehensive (loss) income 2 (9) 0 (6)
Interest expense - net | Non-derivative designated as net investment hedges        
Amounts recognized in accumulated other comprehensive income        
Gain (loss) recognized in other comprehensive (loss) income (40) (38) 104 5
Gain (loss) reclassified from Accumulated other comprehensive loss 0 0 0 0
Forward Starting Floating-to-Fixed Interest Rate Swap | Interest expense - net | Derivatives designated as cash flow hedges        
Amounts recognized in accumulated other comprehensive income        
Gain (loss) recognized in other comprehensive (loss) income (68) 11 61 (136)
Gain (loss) reclassified from Accumulated other comprehensive loss 0 0 0 0
Currency exchange contracts | Net sales and Cost of products sold | Derivatives designated as cash flow hedges        
Amounts recognized in accumulated other comprehensive income        
Gain (loss) recognized in other comprehensive (loss) income 8 (3) (5) (45)
Gain (loss) reclassified from Accumulated other comprehensive loss (1) (9) (5) (6)
Commodity contracts | Cost of products sold | Derivatives designated as cash flow hedges        
Amounts recognized in accumulated other comprehensive income        
Gain (loss) recognized in other comprehensive (loss) income 2 3 5 1
Gain (loss) reclassified from Accumulated other comprehensive loss $ 3 $ 0 $ 5 $ 0