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Derivative Financial Instruments and Risk Management Derivative Financial Instruments and Risk Management- Effect of Derivatives not designated as hedging instruments (Details) - Undesignated Derivatives - USD ($)
$ in Millions
3 Months Ended 9 Months Ended
Sep. 30, 2021
Sep. 30, 2020
Sep. 30, 2021
Sep. 30, 2020
Derivative        
Gains (Losses) on Derivatives Not Designated as Hedging Instruments $ 16 $ (59) $ 112 $ 8
Other Nonoperating Income (Expense) | Financial Products | Foreign exchange contracts        
Derivative        
Gains (Losses) on Derivatives Not Designated as Hedging Instruments 44 (73) 72 12
Other Nonoperating Income (Expense) | Machinery, Energy & Transportation | Foreign exchange contracts        
Derivative        
Gains (Losses) on Derivatives Not Designated as Hedging Instruments 2 8 5 21
Other Nonoperating Income (Expense) | Machinery, Energy & Transportation | Commodity contracts        
Derivative        
Gains (Losses) on Derivatives Not Designated as Hedging Instruments $ (30) $ 6 $ 35 $ (25)