Shareholders' Equity (Tables)

6 Months Ended

Jun. 30, 2024

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 six months ended June 30, 2024 and the reclassifications out of AOCI for the three and six months ended June 30, 2024 and 2023:

	Three Months Ended June 30, 2024
	Foreign Currency Translation Adjustment		Deferred Gain (Loss) on Hedging Activities		Pension Liability Adjustment		Unrealized Gain (Loss) on Investments		Total
	(In millions)
Balance at March 31, 2024	$	(2,552)	$	99	$	(111)	$	(6)	$	(2,570)
Other comprehensive income (loss) before reclassifications	(285)		(71)		1		—		(355)
Gain (loss) on net investment hedges	25		—		—		—		25
Amounts reclassified from AOCI	—		23		(4)		—		19
Tax effect	(6)		6		1		—		1
Net of tax amount	(266)		(42)		(2)		—		(310)
Balance at June 30, 2024	$	(2,818)	$	57	$	(113)	$	(6)	$	(2,880)
	Six Months Ended June 30, 2024
	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, 2023	$	(2,539)	$	158	$	(108)	$	2	$	(2,487)
Other comprehensive income (loss) before reclassifications	(362)		(121)		(1)		(7)		(491)
Gain (loss) on net investment hedges	109		—		—		—		109
Amounts reclassified from AOCI	—		4		(6)		—		(2)
Tax effect	(26)		16		2		(1)		(9)
Net of tax amount	(279)		(101)		(5)		(8)		(393)
Balance at June 30, 2024	$	(2,818)	$	57	$	(113)	$	(6)	$	(2,880)

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

	Amount reclassified from AOCI
	Three Months Ended June 30,				Six Months Ended June 30,				Affected line item in the consolidated statements of earnings
Details about AOCI components	2024		2023		2024		2023
	(In millions)
Deferred loss (gain) on hedging activities
	$	23	$	41	$	4	$	145	Cost of products sold
	23		41		4		145		Total before tax
	(4)		(8)		—		(26)		Tax
	$	19	$	33	$	4	$	119	Net of tax
Pension liability adjustment
Amortization of defined benefit pension items:
Prior service loss (credit)	$	(5)	$	(6)	$	(10)	$	(17)	Other (income) expense-net
Actuarial losses	1		2		4		(18)		Other (income) expense-net
	(4)		(4)		(6)		(35)		Total before tax
	1		3		2		(9)		Tax
	$	(3)	$	(1)	$	(4)	$	(44)	Net of tax