Accumulated Other Comprehensive Income (AOCI) (Tables)

9 Months Ended

Sep. 30, 2022

Comprehensive Income (Loss), Net of Tax, Attributable to Parent [Abstract]

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

The following tables set forth the changes in AOCI by component for the three and nine months ended September 30, 2022 and the reclassifications out of AOCI for the three and nine months ended September 30, 2022 and 2021:

	Three months ended September 30, 2022
	Foreign Currency Translation Adjustment		Deferred Gain (Loss) on Hedging Activities		Pension Liability Adjustment		Unrealized Gain (Loss) on Investments		Total
	(In millions)
Balance at June 30, 2022	$	(2,212)	$	382	$	(121)	$	(14)	$	(1,965)
Other comprehensive income (loss) before reclassifications	(536)		161		8		—		(367)
Gain (loss) on net investment hedges	318		—		—		—		318
Amounts reclassified from AOCI	—		(118)		—		—		(118)
Tax effect	(74)		(5)		(2)		1		(80)
Net of tax amount	(292)		38		6		1		(247)
Balance at September 30, 2022	$	(2,504)	$	420	$	(115)	$	(13)	$	(2,212)
	Nine months ended September 30, 2022
	Foreign Currency Translation Adjustment		Deferred Gain (Loss) on Hedging Activities		Pension Liability Adjustment		Unrealized Gain (Loss) on Investments		Total
	(In millions)
Balance at December 31, 2021	$	(2,248)	$	225	$	(147)	$	(2)	$	(2,172)
Other comprehensive income (loss) before reclassifications	(844)		611		22		(13)		(224)
Gain (loss) on net investment hedges	777		—		—		—		777
Amounts reclassified from AOCI	—		(366)		23		—		(343)
Tax effect	(189)		(50)		(13)		2		(250)
Net of tax amount	(256)		195		32		(11)		(40)
Balance at September 30, 2022	$	(2,504)	$	420	$	(115)	$	(13)	$	(2,212)

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

	Amount reclassified from AOCI
	Three months ended September 30,				Nine months ended September 30,				Affected line item in the consolidated statements of earnings
Details about AOCI components	2022		2021		2022		2021
	(In millions)
Deferred loss (gain) on hedging activities
	$	(1)	$	—	$	(1)	$	15	Revenues
	(117)		(122)		(365)		(450)		Cost of products sold
	(118)		(122)		(366)		(435)		Total before tax
	17		29		69		108		Tax
	$	(101)	$	(93)	$	(297)	$	(327)	Net of tax
Pension liability adjustment
Amortization of defined benefit pension items:
Prior service loss (credit)	$	(10)	$	(4)	$	(114)	$	(71)	Other (income) expense-net
Actuarial losses	10		12		137		161		Other (income) expense-net
	—		8		23		90		Total before tax
	—		6		(8)		(20)		Tax
	$	—	$	14	$	15	$	70	Net of tax