Accumulated Other Comprehensive Income (AOCI) (Tables)

3 Months Ended

Mar. 31, 2023

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 months ended March 31, 2023 and the reclassifications out of AOCI for the three months ended March 31, 2023 and 2022:

	Three months ended March 31, 2023
	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, 2022	$	(2,622)	$	148	$	(22)	$	(13)	$	(2,509)
Other comprehensive income (loss) before reclassifications	234		(208)		5		4		35
Gain (loss) on net investment hedges	(78)		—		—		—		(78)
Amounts reclassified from AOCI	—		104		(31)		—		73
Tax effect	14		16		(13)		(1)		16
Net of tax amount	170		(88)		(39)		3		46
Balance at March 31, 2023	$	(2,452)	$	60	$	(61)	$	(10)	$	(2,463)

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

	Amount reclassified from AOCI
	Three months ended March 31,				Affected line item in the consolidated statements of earnings
Details about AOCI components	2023		2022
	(In millions)
Deferred loss (gain) on hedging activities
	$	104	$	(98)	Cost of products sold
	104		(98)		Total before tax
	(18)		19		Tax
	$	86	$	(79)	Net of tax
Pension liability adjustment
Amortization of defined benefit pension items:
Prior service loss (credit)	$	(11)	$	8	Other (income) expense-net
Actuarial losses	(20)		23		Other (income) expense-net
	(31)		31		Total before tax
	(12)		(6)		Tax
	$	(43)	$	25	Net of tax