Derivative Instruments (Tables)

6 Months Ended

Jun. 30, 2023

Derivative Instruments and Hedging Activities Disclosure [Abstract]

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

June 2023	Cash Flow		Net Investment		Non-Designated		Total
Gross notional amount	$	809	$	1,630	$	3,885	$	6,324
Maximum term in years							3.4
Fair value:
Other current assets	$	30	$	—	$	24	$	54
Other noncurrent assets	2		79		—		81
Other current liabilities	(6)		—		(15)		(21)
Other noncurrent liabilities	—		(27)		—		(27)
Total fair value	$	26	$	52	$	9	$	87

December 2022	Cash Flow		Net Investment		Non-Designated		Total
Gross notional amount	$	1,053	$	1,598	$	3,417	$	6,068
Maximum term in years							3.9
Fair value:
Other current assets	$	20	$	—	$	9	$	29
Other noncurrent assets	1		89		—		90
Other current liabilities	(6)		—		(79)		(85)
Other noncurrent liabilities	(1)		(16)		—		(17)
Total fair value	$	14	$	73	$	(70)	$	17

Schedule of Derivatives Instruments Statements of Financial Performance and Financial Position, Location

Derivative		Three Months				Six Months
instrument:	Recorded in:	2023		2022		2023		2022
Cash Flow	Cost of sales	$	9	$	3	$	22	$	3
Net Investment	Other income (expense), net	9		11		17		22
Non-Designated	Other income (expense), net	5		2		9		3
	Total	$	23	$	16	$	48	$	28