Financial Instruments (Tables)

12 Months Ended

Dec. 31, 2015

Financial Instruments Disclosure [Abstract]

Schedule of Notional Amounts of Outstanding Derivative Positions

December 31,	2015		2014
Derivatives designated as hedging instruments:
Interest rate swaps	$	—	$	1,000
Foreign currency contracts	10		434
Commodity contracts	356		388
Derivatives not designated as hedging instruments:
Foreign currency contracts	8,065		10,586
Commodity contracts	70		166

Schedule of Cash Flows Hedges Included in Accumulated Other Comprehensive Income (Loss)

December 31,	2015			2014
Beginning balance	$	(6	)	$	(48	)
Additions and revaluations of derivatives designated as cash flow hedges	(25		)	33
Clearance of hedge results to earnings	7			9
Ending balance	$	(24	)	$	(6	)

Schedule of Derivative Instruments in Statement of Financial Position, Fair Value

		Fair Value at December 31 Using Level 2 Inputs
	Balance Sheet Location	2015		2014
Asset derivatives:
Derivatives designated as hedging instruments:
Interest rate swaps1	Accounts and notes receivable, net	$	—	$	1
Foreign currency contracts	Accounts and notes receivable, net	—		10
		—		11
Derivatives not designated as hedging instruments:
Foreign currency contracts2	Accounts and notes receivable, net	74		254
Total asset derivatives3		$	74	$	265
Cash collateral1,2	Other accrued liabilities	$	7	$	47
Liability derivatives:
Derivatives designated as hedging instruments:
Foreign currency contracts	Other accrued liabilities	$	—	$	10
Derivatives not designated as hedging instruments:
Foreign currency contracts	Other accrued liabilities	80		62
Commodity contracts	Other accrued liabilities	4		1
		84		63
Total liability derivatives3		$	84	$	73

^1.  Cash collateral held as of December 31, 2015 and 2014 represents $0 and $6, respectively, related to interest rate swap derivatives designated as hedging instruments.

²  Cash collateral held as of December 31, 2015 and 2014 represents $7 and $41, respectively, related to foreign currency derivatives not designated as hedging instruments.

³  The company's derivative assets and liabilities subject to enforceable master netting arrangements totaled $35 at December 31, 2015 and $67 at December 31, 2014.

Schedule of Derivative Instruments, Gain (Loss) in Statement of Financial Performance

	Amount of Gain (Loss) Recognized in OCI1 (Effective Portion)								Amount of Gain (Loss) Recognized in Income2
	2015			2014		2013			2015			2014			2013			Income Statement Classification
Derivatives designated as hedging instruments:
Fair value hedges:
Interest rate swaps	$	—		$	—	$	—		$	(1	)	$	(28	)	$	(26	)	Interest expense3
Cash flow hedges:
Foreign currency contracts	(2		)	27		9			10			11			1			Net sales
Foreign currency contracts	—			—		—			—			4			—			Income from discontinued operations after income taxes
Commodity contracts	(35		)	26		(67		)	(22		)	(30		)	24			Cost of goods sold
	(37		)	53		(58		)	(13		)	(43		)	(1		)
Derivatives not designated as hedging instruments:
Foreign currency contracts	—			—		—			434			607			35			Other income, net4
Foreign currency contracts	—			—		—			(3		)	—			—			Net sales
Commodity contracts	—			—		—			(2		)	(21		)	(10		)	Cost of goods sold
	—			—		—			429			586			25
Total derivatives	$	(37	)	$	53	$	(58	)	$	416		$	543		$	24

^1.  OCI is defined as other comprehensive income (loss).

^2.  For cash flow hedges, this represents the effective portion of the gain (loss) reclassified from accumulated OCI into income during the period. For the years ended December 31, 2015, 2014 and 2013, there was no material ineffectiveness with regard to the company's cash flow hedges.

^3.  Gain (loss) recognized in income of derivative is offset to $0 by gain (loss) recognized in income of the hedged item.

^4.  Gain (loss) recognized in other income, net, was partially offset by the related gain (loss) on the foreign currency-denominated monetary assets and liabilities of the company's operations, see Note 5 for additional information.

Schedule of Cash, Cash Equivalents and Marketable Securities

	December 31, 2015						December 31, 2014
	Cash and Cash Equivalents		Marketable Securities		Total Estimated Fair Value		Cash and Cash Equivalents		Marketable Securities		Total Estimated Fair Value
Cash	$	1,938	$	—	$	1,938	$	2,181	$	—	$	2,181
Level 1:
Money market funds	$	550	$	—	$	550	$	1,436	$	—	$	1,436
U.S. Treasury securities1	—		788		788		—		—		—
Level 2:
Certificate of deposit / time deposits2	$	2,812	$	118	$	2,930	$	3,293	$	124	$	3,417
Total cash, cash equivalents and marketable securities	$	5,300	$	906			$	6,910	$	124

^1.  Available-for-sale securities are reported at estimated fair value with unrealized gains and losses reported as component of accumulated other comprehensive loss.

^2.  Held-to-maturity investments are reported at amortized cost.