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Derivative Instruments and Hedging Activities (Tables)
12 Months Ended
Dec. 31, 2014
Derivative Instruments and Hedging Activities Disclosure [Abstract]  
Schedule of Other Derivatives Not Designated as Hedging Instruments, Statements of Financial Performance and Financial Position, Location
 
December 31, 2014
 
December 31, 2013
 
Assets
 
Liabilities
 
Assets
 
Liabilities
 
(In millions)
Foreign Currency Contracts
$
186

 
$
150

 
$
118

 
$
166

Interest Contracts

 

 
1

 

Commodity Contracts
690

 
776

 
850

 
649

Total
$
876

 
$
926

 
$
969

 
$
815

 
Year Ended
 
Six Months Ended
 
Year Ended
(In millions) 
December 31
 
December 31
 
June 30
 
2014
 
2013
 
2012
 
2011
 
2012
 
 
 
 
 
 
 
(Unaudited) 
 
 
Interest Contracts
 
 
 
 
 
 
 

 
 

Other income (expense) - net
$

 
$
1

 
$

 
$

 
$

Foreign Currency Contracts
 
 
 
 
 

 
 

 
 

Revenues
$
(1
)
 
$
108

 
$
129

 
$
33

 
$
117

Cost of products sold
131

 
(157
)
 
(49
)
 
(116
)
 
(255
)
Other income (expense) - net
(171
)
 
61

 
94

 
(69
)
 
(21
)
Commodity Contracts
 
 
 
 
 

 
 

 
 

Cost of products sold
$
(263
)
 
$
301

 
$
136

 
$
(4
)
 
$
(527
)
Other Contracts
 
 
 
 
 

 
 

 
 

Other income (expense) - net
$

 
$

 
$
58

 
$

 
$
(1
)
Total gain(loss) recognized in earnings
$
(304
)
 
$
314

 
$
368

 
$
(156
)
 
$
(687
)
Schedule Of Derivatives Designated As Hedging Instruments
 
 
Year Ended
 
Six Months Ended
 
Year Ended
 
Consolidated Statement of
December 31
 
December 31
 
June 30
(In millions)
Earnings Locations
2014
 
2013
 
2012
 
2011
 
2012
 
 
 
 
 
 
 
 
(Unaudited)
 
 
Effective amounts recognized in earnings
 
 
 
 
 
 
 
 
 
FX Contracts
Other income/expense -net
$
5

 
$
(1
)
 
$
(1
)
 
$
(1
)
 
$
(1
)
Interest Contracts
Interest expense
1

 
1

 

 

 
1

Commodity Contracts
Cost of products sold
(124
)
 
(41
)
 
158

 
11

 
5

 
Revenues
(69
)
 
4

 
2

 
8

 
3

 
 
 
 
 
 
 
 
 
 
 
Ineffective amount recognized in earnings
 
 
 
 
 

 
 

 
 

Interest contracts
Interest expense

 

 

 

 

Commodity contracts
Cost of products sold
(4
)
 
(120
)
 
(30
)
 
39

 
49

 
Revenues
(34
)
 

 

 

 

Total amount recognized in earnings
$
(225
)
 
$
(157
)
 
$
129

 
$
57

 
$
57

 
December 31, 2014
 
December 31, 2013
 
Assets
 
Liabilities
 
Assets
 
Liabilities
 
(In millions)
Interest Contracts
$
21

 
$

 
$

 
$
9

Total
$
21

 
$

 
$

 
$
9