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Fair Value Disclosures (Details 2) - USD ($)
$ in Millions
Sep. 30, 2020
Dec. 31, 2019
Assets    
Cash and short-term investments $ 9,315 $ 8,284
Machinery, Energy & Transportation    
Liabilities    
Short-term borrowings 0 5
Financial Products    
Liabilities    
Short-term borrowings 2,660 5,161
Carrying Amount    
Assets    
Cash and short-term investments 9,315 8,284
Restricted cash and short-term investments 4 8
Investments in debt and equity securities 2,004 1,711
Finance receivables-net (excluding finance leases) 13,817 14,473
Wholesale inventory receivables-net (excluding finance leases) 1,000 1,105
Foreign currency contracts-net 27 62
Interest rate contracts-net 52 0
Commodity contracts-net 3 3
Liabilities    
Short-term borrowings 2,660 5,166
Interest rate contracts-net 0 20
Guarantees 5 5
Carrying Amount | Machinery, Energy & Transportation    
Liabilities    
Long-term debt (including amounts due within one year) 11,139 9,157
Carrying Amount | Financial Products    
Liabilities    
Long-term debt (including amounts due within one year) 24,327 23,334
Carrying amount of assets excluded from measurement at fair value    
Liabilities    
Excluded items: Finance leases and failed sale leasebacks, Carrying Value 7,644 7,800
Level 1 | Fair Value    
Assets    
Cash and short-term investments 9,315 8,284
Restricted cash and short-term investments 4 8
Liabilities    
Short-term borrowings 2,660 5,166
Level 1, 2 and 3 | Fair Value    
Assets    
Investments in debt and equity securities 2,004 1,711
Level 2 | Fair Value    
Assets    
Foreign currency contracts-net 27 62
Interest rate contracts-net 52 0
Commodity contracts-net 3 3
Liabilities    
Interest rate contracts-net 0 20
Level 2 | Fair Value | Machinery, Energy & Transportation    
Liabilities    
Long-term debt (including amounts due within one year) 14,200 11,216
Level 2 | Fair Value | Financial Products    
Liabilities    
Long-term debt (including amounts due within one year) 24,982 23,655
Level 3 | Fair Value    
Assets    
Finance receivables-net (excluding finance leases) 14,145 14,613
Wholesale inventory receivables-net (excluding finance leases) 975 1,076
Liabilities    
Guarantees $ 5 $ 5