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Derivative Financial Instruments and Hedging Activities (Tables)
 12 Months Ended
Dec. 31, 2021
Derivative Instruments and Hedging Activities Disclosure [Abstract]  
Income Effect of Derivative Instruments [Table Text Block]
The gains/(losses), by hedge designation, reported in income for the years ended December 31 were as follows (in millions):
 201920202021
Cash flow hedges
Reclassified from AOCI to Cost of sales
Foreign currency exchange contracts (a)$29 $(11)$(412)
Commodity contracts (b)(32)(55)132 
Fair value hedges
Interest rate contracts
Net interest settlements and accruals on hedging instruments
(16)290 393 
Fair value changes on hedging instruments706 986 (1,001)
Fair value changes on hedged debt(694)(985)957 
Cross-currency interest rate swap contracts
Net interest settlements and accruals on hedging instruments
— (2)(8)
Fair value changes on hedging instruments— 38 (93)
Fair value changes on hedged debt— (37)82 
Derivatives not designated as hedging instruments
Foreign currency exchange contracts (c)84 (310)375 
Cross-currency interest rate swap contracts
(229)486 (507)
Interest rate contracts(13)(100)(3)
Commodity contracts— 47 170 
Total$(165)$347 $85 
__________
(a)For 2019, 2020, and 2021, an $839 million loss, a $198 million gain, and a $453 million loss, respectively, were reported in Other comprehensive income/(loss), net of tax.
(b)For 2019, 2020, and 2021, a $36 million loss, a $9 million gain, and a $284 million gain, respectively, were reported in Other comprehensive income/(loss), net of tax.
(c)For 2019, 2020, and 2021, a $32 million gain, a $228 million loss, and a $230 million gain, respectively, were reported in Cost of sales and a $52 million gain, an $82 million loss, and a $145 million gain were reported in Other income/(loss), net, respectively.
Balance Sheet Effect of Derivative Instruments [Table Text Block]
The fair value of our derivative instruments and the associated notional amounts at December 31 were as follows (in millions):
 20202021
NotionalFair Value of
Assets		Fair Value of
Liabilities		NotionalFair Value of
Assets		Fair Value of
Liabilities
Cash flow hedges   
Foreign currency exchange contracts
$15,860 $47 $383 $11,534 $74 $346 
Commodity contracts703 40 5 931 182 5 
Fair value hedges   
Interest rate contracts26,924 1,331 4 23,893 544 274 
Cross-currency interest rate swap contracts
885 46 — 885 — 49 
Derivatives not designated as hedging instruments
Foreign currency exchange contracts25,956 172 399 28,463 281 198 
Cross-currency interest rate swap contracts
6,849 557 1 6,533 117 61 
Interest rate contracts70,318 663 439 50,060 338 126 
Commodity contracts599 74 4 997 54 11 
Total derivative financial instruments, gross (a) (b)
$148,094 $2,930 $1,235 $123,296 $1,590 $1,070 
Current portion
$974 $859 $924 $535 
Non-current portion
1,956 376 666 535 
Total derivative financial instruments, gross
$2,930 $1,235 $1,590 $1,070 
__________
(a)At December 31, 2020 and 2021, we held collateral of $9 million and $26 million, respectively, and we posted collateral of $96 million and $71 million, respectively.
(b)At December 31, 2020 and 2021, the fair value of assets and liabilities available for counterparty netting was $505 million and $719 million, respectively. All derivatives are categorized within Level 2 of the fair value hierarchy.