XML 55 R36.htm IDEA: XBRL DOCUMENT v3.3.1.900
Derivative Instruments and Hedging Activities (Tables)
12 Months Ended
Dec. 31, 2015
Derivative Instruments and Hedging Activities Disclosure [Abstract]  
Schedule of Other Derivatives Not Designated as Hedging Instruments, Statements of Financial Performance and Financial Position, Location
 
Year Ended
(In millions) 
December 31
 
2015
 
2014
 
2013
 
 
 
 
 
 
Interest Contracts
 
 
 
 
 
Other income (expense) - net
$

 
$

 
$
1

Foreign Currency Contracts
 
 
 
 
 

Revenues
$
16

 
$
(1
)
 
$
108

Cost of products sold
(185
)
 
131

 
(157
)
Other income (expense) - net
8

 
(171
)
 
61

Commodity Contracts
 
 
 
 
 

Cost of products sold
$
777

 
$
(263
)
 
$
301

Total gain (loss) recognized in earnings
$
616

 
$
(304
)
 
$
314

 
December 31, 2015
 
December 31, 2014
 
Assets
 
Liabilities
 
Assets
 
Liabilities
 
(In millions)
Foreign Currency Contracts
$
93

 
$
186

 
$
186

 
$
150

Commodity Contracts
646

 
419

 
690

 
776

Total
$
739

 
$
605

 
$
876

 
$
926

Schedule Of Derivatives Designated As Hedging Instruments
 
December 31, 2015
 
December 31, 2014
 
Assets
 
Liabilities
 
Assets
 
Liabilities
 
(In millions)
Interest Contracts
$
19

 
$

 
$
21

 
$

Total
$
19

 
$

 
$
21

 
$

 
 
Year Ended
 
Consolidated Statement of
December 31
(In millions)
Earnings Locations
2015
 
2014
 
2013
 
 
 
 
 
 
 
Effective amounts recognized in earnings
 
 
 
 
 
FX Contracts
Other income/expense -net
$
29

 
$
5

 
$
(1
)
Interest Contracts
Interest expense
1

 
1

 
1

Commodity Contracts
Cost of products sold
(25
)
 
(124
)
 
(41
)
 
Revenues
41

 
(69
)
 
4

 
 
 
 
 
 
 
Ineffective amount recognized in earnings
 
 
 
 
 

Interest contracts
Other income/expense -net
1

 

 

Commodity contracts
Cost of products sold
$
(12
)
 
$
(4
)
 
$
(120
)
 
Revenues
6

 
(34
)
 

Total amount recognized in earnings
$
41

 
$
(225
)
 
$
(157
)