FINANCIAL INSTRUMENTS (Tables)

9 Months Ended

Sep. 30, 2020

Investments, All Other Investments [Abstract]

Schedule of the fair value of financial instruments

The following table summarizes the fair value of financial instruments at September 30, 2020 and December 31, 2019:

Fair Value of Financial Instruments	September 30, 2020								December 31, 2019
In millions	Cost		Gain		Loss		Fair Value		Cost		Gain		Loss		Fair Value
Cash equivalents	$	2,534	$	—	$	—	$	2,534	$	417	$	—	$	—	$	417
Restricted cash equivalents 1	$	6,232	$	—	$	—	$	6,232	$	37	$	—	$	—	$	37
Total cash and restricted cash equivalents	$	8,766	$	—	$	—	$	8,766	$	454	$	—	$	—	$	454
Long-term debt including debt due within one year	$	(23,806)	$	2	$	(2,375)	$	(26,179)	$	(15,618)	$	—	$	(1,633)	$	(17,251)
Derivatives relating to:
Foreign currency 2	—		4		(6)		(2)		—		6		(7)		(1)
Total derivatives	$	—	$	4	$	(6)	$	(2)	$	—	$	6	$	(7)	$	(1)

1.Includes $26 million of restricted cash classified as "Other current assets" and $6.2 billion classified as "Restricted cash" in the interim Condensed Consolidated Balance Sheets. Refer to Note 6 for further information.

2.Presented net of cash collateral where master netting arrangements allow.

Schedule of Notional Amounts of Outstanding Derivative Positions [Table Text Block]

Notional Amounts	September 30, 2020		December 31, 2019
In millions
Derivatives not designated as hedging instruments:
Foreign currency contracts 1	$	(299)	$	26
Commodity contracts	$	8	$	11

1.Presented net of contracts bought and sold.

Schedule of fair value of derivative instruments using Level 2 inputs

		September 30, 2020
In millions	Balance Sheet Classification	Gross		Counterparty and Cash Collateral Netting 1		Net Amounts Included in the Consolidated Balance Sheet
Asset derivatives:
Derivatives not designated as hedging instruments:
Foreign currency contracts	Other current assets	$	20	$	(16)	$	4
Total asset derivatives		$	20	$	(16)	$	4
Liability derivatives:
Derivatives not designated as hedging instruments:
Foreign currency contracts	Accrued and other current liabilities	$	22	$	(16)	$	6
Total liability derivatives		$	22	$	(16)	$	6

		December 31, 2019
In millions	Balance Sheet Classification	Gross		Counterparty and Cash Collateral Netting 1		Net Amounts Included in the Consolidated Balance Sheet
Asset derivatives:
Derivatives not designated as hedging instruments:
Foreign currency contracts	Other current assets	$	16	$	(10)	$	6
Total asset derivatives		$	16	$	(10)	$	6
Liability derivatives:
Derivatives not designated as hedging instruments:
Foreign currency contracts	Accrued and other current liabilities	$	17	$	(10)	$	7
Total liability derivatives		$	17	$	(10)	$	7

1.Counterparty and cash collateral amounts represent the estimated net settlement amount when applying netting and set-off rights included in master netting arrangements between the Company and its counterparties and the payable or receivable for cash collateral held or placed with the same counterparty.