Stockholders' Equity (Tables)

6 Months Ended

Jun. 30, 2020

Equity [Abstract]

Schedule of Stock by Class [Table Text Block]

Shares of common stock	Issued
Balance January 1, 2020	748,577,000
Issued	1,773,000
Repurchased and retired	(1,865,000	)
Balance June 30, 2020	748,485,000

Schedule of Noncontrolling Interests Represented by Preferred Stock [Table Text Block]

Shares in thousands	Number of Shares
Authorized	23,000
$4.50 Series, callable at $120	1,673
$3.50 Series, callable at $102	700

Schedule of Accumulated Other Comprehensive Income (Loss) [Table Text Block]

(In millions)	Cumulative Translation Adjustment1			Derivative Instruments			Pension Benefit Plans			Other Benefit Plans			Total
2019
Balance January 1, 2019	$	(2,793	)	$	(26	)	$	(620	)	$	79		$	(3,360	)
Other comprehensive (loss) income before reclassifications	(174		)	12			6			(85		)	(241		)
Amounts reclassified from accumulated other comprehensive loss	—			11			2			(1		)	12
Net other comprehensive (loss) income	(174		)	23			8			(86		)	(229		)
Impact of Internal Reorganizations	1,113			—			101			—			1,214
Balance June 30, 2019	$	(1,854	)	$	(3	)	$	(511	)	$	(7	)	$	(2,375	)
2020
Balance January 1, 2020	$	(1,944	)	$	2		$	(1,247	)	$	(81	)	$	(3,270	)
Other comprehensive (loss) income before reclassifications	(575		)	(22		)	(9		)	2			(604		)
Amounts reclassified from accumulated other comprehensive loss	—			26			3			—			29
Net other comprehensive (loss) income	(575		)	4			(6		)	2			(575		)
Balance June 30, 2020	$	(2,519	)	$	6		$	(1,253	)	$	(79	)	$	(3,845	)

^1.  The cumulative translation adjustment loss for the six months ended June 30, 2019 was primarily driven by the weakening of the European Euro (“EUR”) against the USD. The cumulative translation adjustment loss for the six months ended June 30, 2020 was primarily driven by the weakening of the Brazilian Real (“BRL”) and the South African Rand (“ZAR”) against the USD.

Tax (Expense) Benefit of Other Comprehensive (Loss) Income

(In millions)	Three Months Ended June 30,						Six Months Ended June 30,
	2020			2019			2020			2019
Derivative instruments	$	(3	)	$	(4	)	$	2		$	(7	)
Pension benefit plans - net	1			11			(3		)	4
Other benefit plans - net	—			29			—			29
(Provision for) benefit from income taxes related to other comprehensive (loss) income items	$	(2	)	$	36		$	(1	)	$	26

Reclassification out of Accumulated Other Comprehensive (Loss) Income [Table Text Block]

(In millions)	Three Months Ended June 30,						Six Months Ended June 30,
	2020			2019			2020			2019
Derivative Instruments1:	$	28		$	8		$	35		$	12
Tax benefit2	(7		)	(2		)	(9		)	(1		)
After-tax	$	21		$	6		$	26		$	11
Amortization of pension benefit plans:
Prior service benefit3	$	(1	)	$	—		$	(1	)	$	—
Actuarial losses3	1			—			2			1
Settlement loss3	1			1			3			1
Total before tax	1			1			4			2
Tax benefit2	—			—			(1		)	—
After-tax	$	1		$	1		$	3		$	2
Amortization of other benefit plans:
Actuarial gains3	$	—		$	(1	)	$	—		$	(1	)
Total before tax	—			(1		)	—			(1		)
Tax benefit	—			—			—			—
After-tax	$	—		$	(1	)	$	—		$	(1	)
Total reclassifications for the period, after-tax	$	22		$	6		$	29		$	12

^1.  Reflected in cost of goods sold.

^2.  Reflected in provision for (benefit from) income taxes from continuing operations.

^3. 

These accumulated other comprehensive (loss) income components are included in the computation of net periodic benefit (credit) cost of the company's pension and other benefit plans. See Note 16 - Pension Plans and Other Post Employment Benefits, for additional information.