Hedging Activities (Tables)

12 Months Ended

Dec. 31, 2018

Hedging Activities [Abstract]

Summary of Notional Amounts and Respective Fair Values of Derivative Financial Instruments

					Asset derivatives					Liability derivatives
	Notional amount					Fair value					Fair value
	2018		2017		Balance sheet location	2018		2017		Balance sheet location	2018		2017
Derivatives   designated as   hedging   instruments
Foreign exchange   contracts (1)	$	391	$	294	Other current assets	$	4	$	20	Other accrued liabilities	$	(2)
					Other assets		2		1
Interest rate contracts				550						Other liabilities			$	(8)
Derivatives not   designated as   hedging   instruments
Foreign exchange   contracts, other		900		599	Other current assets		5		2	Other accrued liabilities		(7)		(7)
Translated earnings   contracts		13,620		14,275	Other current assets		94		176	Other accrued liabilities		(47)		(34)
					Other assets		43		66	Other liabilities		(386)		(325)
Total derivatives	$	14,911	$	15,718		$	148	$	265		$	(442)	$	(374)

(1) Cash flow hedges with a typical duration of 24 months or less.

Effect on Consolidated Financial Statements

	Effect of derivative instruments on the consolidated financial statements for the years ended December 31
Derivatives in hedging	(Loss)/gain recognized in other comprehensive income (OCI)						Location of gain/(loss) reclassified from accumulated OCI into income	Gain/(loss) reclassified from accumulated OCI into income ineffective/effective (1)
relationships	2018		2017		2016		effective/ineffective	2018		2017		2016
Cash flow hedges
							Net sales			$	1	$	4
Interest rate hedge	$	16					Cost of sales	$	13		(12)		(36)
Foreign exchange contracts		(5)	$	38	$	(33)	Other (expense) income, net		(1)		(2)		(2)
Total cash flow hedges	$	11	$	38	$	(33)		$	12	$	(13)	$	(34)

		Gain (loss) recognized in income
Undesignated derivatives	Location of gain/(loss) recognized in income	2018		2017		2016
Foreign exchange contracts – balance sheet	Translated earnings contract gain (loss), net	$	27	$	(11)	$	4
Foreign exchange contracts – loans	Translated earnings contract (loss) gain, net		(5)		(5)		(31)
Translated earnings contracts	Translated earnings contract (loss) gain, net		(93)		(121)		(448)
Total undesignated		$	(71)	$	(137)	$	(475)

(1) There were no material amounts of ineffectiveness for 2018, 2017 and 2016.