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FAIR VALUE MEASUREMENTS (Tables)
12 Months Ended
Dec. 31, 2013
Fair Value Disclosures [Abstract]  
Schedule of Fair Value, Assets and Liabilities Measured on Recurring Basis [Table Text Block]
Basis of Fair Value Measurements
on a Recurring Basis
at December 31, 2013
 
In millions
Quoted Prices
in Active
Markets for
Identical Items
(Level 1)

 
Significant
Other
Observable
Inputs
(Level 2)

 
Significant
Unobservable
Inputs
(Level 3)

 
Counterparty
and Cash
Collateral
Netting (1)

 
Total  

Assets at fair value:
 
 
 
 
 
 
 
 
 
Cash equivalents (2)
$

 
$
2,912

 
$

 
$

 
$
2,912

Interests in trade accounts receivable conduits (3)

 

 
1,227

 

 
1,227

Equity securities (4)
760

 
37

 

 

 
797

Debt securities: (4)
 
 
 
 
 
 
 
 
 
Government debt (5)

 
564

 

 

 
564

Corporate bonds

 
695

 

 

 
695

Derivatives relating to: (6)
 
 
 
 
 
 
 
 
 
Commodities
3

 
11

 

 
(3
)
 
11

Foreign currency

 
65

 

 
(20
)
 
45

Total assets at fair value
$
763


$
4,284

 
$
1,227

 
$
(23
)
 
$
6,251

Liabilities at fair value:
 
 
 
 
 
 
 
 
 
Long-term debt (7)
$

 
$
19,467

 
$

 
$

 
$
19,467

Derivatives relating to: (6)
 
 
 
 
 
 
 
 
 
Interest rates

 
5

 

 

 
5

Commodities
4

 
2

 

 
(4
)
 
2

Foreign currency

 
33

 

 
(20
)
 
13

Total liabilities at fair value
$
4


$
19,507

 
$


$
(24
)

$
19,487


(1)
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.
(2)
Treasury Bills and money market funds included in "Cash and cash equivalents" in the consolidated balance sheets and held at amortized cost, which approximates fair value.
(3)
Included in “Accounts and notes receivable – Other” in the consolidated balance sheets. See Note 15 for additional information on transfers of financial assets.
(4)
The Company’s investments in equity and debt securities are primarily classified as available-for-sale and are included in “Other investments” in the consolidated balance sheets.
(5)
U.S. Treasury obligations, U.S. agency obligations, agency mortgage-backed securities and other municipalities’ obligations.
(6)
See Note 10 for the classification of derivatives in the consolidated balance sheets.
(7)
See Note 10 for information on fair value measurements of long-term debt.

Basis of Fair Value Measurements
on a Recurring Basis
at December 31, 2012
 
In millions
Quoted Prices
in Active
Markets for
Identical Items
(Level 1)

 
Significant
Other
Observable
Inputs
(Level 2)

 
Significant
Unobservable
Inputs
(Level 3)

 
Counterparty
and Cash
Collateral
Netting (1)

 
Total  

Assets at fair value:
 
 
 
 
 
 
 
 
 
Cash equivalents (2)
$

 
$
1,953

 
$

 
$

 
$
1,953

Interests in trade accounts receivable conduits (3)

 

 
1,057

 

 
1,057

Equity securities (4)
702

 
38

 

 

 
740

Debt securities: (4)
 
 
 
 
 
 
 
 
 
Government debt (5)

 
565

 

 

 
565

Corporate bonds

 
756

 

 

 
756

Derivatives relating to: (6)
 
 
 
 
 
 
 
 
 
   Interest rates

 
1

 

 

 
1

Commodities
9

 
22

 

 
(5
)
 
26

Foreign currency

 
55

 

 
(21
)
 
34

Total assets at fair value
$
711

 
$
3,390

 
$
1,057

 
$
(26
)
 
$
5,132

Liabilities at fair value:
 
 
 
 
 
 
 
 
 
Long-term debt (7)
$

 
$
23,762

 
$

 
$

 
$
23,762

Derivatives relating to: (6)
 
 
 
 
 
 
 
 
 
   Interest Rates

 
6

 

 

 
6

Commodities
16

 
11

 

 
(20
)
 
7

Foreign currency 

 
41

 

 
(21
)
 
20

Total liabilities at fair value
$
16

 
$
23,820

 
$

 
$
(41
)
 
$
23,795

(1)
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.
(2)
Treasury Bills and money market funds included in "Cash and cash equivalents" in the consolidated balance sheets and held at amortized cost, which approximates fair value.
(3)
Included in “Accounts and notes receivable – Other” in the consolidated balance sheets. See Note 15 for additional information on transfers of financial assets.
(4)
The Company’s investments in equity and debt securities are primarily classified as available-for-sale and are included in “Other investments” in the consolidated balance sheets.
(5)
U.S. Treasury obligations, U.S. agency obligations, agency mortgage-backed securities and other municipalities’ obligations.
(6)
See Note 10 for the classification of derivatives in the consolidated balance sheets.
(7)
See Note 10 for information on fair value measurements of long-term debt
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Table Text Block]

Fair Value Measurements Using Level 3 Inputs for Interests Held in Trade Receivable Conduits (1)
2013

 
2012

In millions
Balance at January 1
$
1,057

 
$
1,141

Gain included in earnings (2)

 
8

Purchases
1,198

 
2,558

Settlements
(1,028
)
 
(2,650
)
Balance at December 31
$
1,227

 
$
1,057


(1)
Included in “Accounts and notes receivable – Other” in the consolidated balance sheets.
(2)
Included in "Selling, general and administrative expenses" in the consolidated statements of income.

Fair Value, Assets and Liabilities Measured on Nonrecurring Basis [Table Text Block]
Basis of Fair Value Measurements
on a Nonrecurring Basis
 
Significant
Other
Unobservable
Inputs

 
Total
Losses

In millions
 
(Level 3)

 
2013
 
 
 
 
Assets at fair value:
 
 
 
 
Long-lived assets, other assets and equity method investments
 
$
127

 
$
(178
)
2012
 
 
 
 
Assets at fair value:
 
 
 
 
Long-lived assets, other assets and equity method investments
 
$
45

 
$
(693
)
Goodwill
 
$

 
$
(220
)
2011
 
 
 
 
Assets at fair value:
 
 
 
 
Long-lived assets, other assets and equity method investments
 
$

 
$
(27
)