Fair Value Measurements And Disclosure (Tables)

9 Months Ended

Sep. 30, 2018

Fair Value Disclosures

Long-term debt and other financial instruments [Table Text Block]

		September 30, 2018				December 31, 2017
		Carrying		Fair		Carrying		Fair
		Amount		Value		Amount		Value
Notes and debentures1		$	177,718	$	180,887	$	162,526	$	171,938
Commercial paper			3,787		3,787		-		-
Bank borrowings			3		3		2		2
Investment securities2			3,646		3,646		2,447		2,447
1	Includes credit agreement borrowings.
2	Excludes investments accounted for under the equity method.

Fair Value Leveling [Table Text Block]

	September 30, 2018
	Level 1		Level 2		Level 3		Total
Equity Securities
Domestic equities	$	1,279	$	-	$	-	$	1,279
International equities		291		-		-		291
Fixed income equities		149		-		-		149
Available-for-Sale Debt Securities		-		881		-		881
Asset Derivatives
Cross-currency swaps		-		1,330		-		1,330
Foreign exchange contracts		-		52		-		52
Liability Derivatives
Interest rate swaps		-		(90)		-		(90)
Cross-currency swaps		-		(1,614)		-		(1,614)
Foreign exchange contracts		-		(3)		-		(3)

	December 31, 2017
	Level 1		Level 2		Level 3		Total
Equity Securities
Domestic equities	$	1,142	$	-	$	-	$	1,142
International equities		321		-		-		321
Fixed income equities		-		152		-		152
Available-for-Sale Debt Securities		-		581		-		581
Asset Derivatives
Interest rate swaps		-		17		-		17
Cross-currency swaps		-		1,753		-		1,753
Liability Derivatives
Interest rate swaps		-		(31)		-		(31)
Cross-currency swaps		-		(1,290)		-		(1,290)

Unrealized Gain (Loss) on Investments [Table Text Block]

	Three months ended				Nine months ended
	September 30,				September 30,
	2018		2017		2018		2017
Total gains (losses) recognized on equity securities	$	80	$	113	$	88	$	216
Gains (Losses) recognized on equity securities sold		1		126		50		137
Unrealized gains (losses) recognized on equity securities held at end of period		79		(13)		38		79

Notional Amount of Outstanding Derivative Positions [Table Text Block]

	September 30,		December 31,
	2018		2017
Interest rate swaps	$	7,333	$	9,833
Cross-currency swaps		42,192		38,694
Foreign exchange contracts		2,386		-
Total	$	51,911	$	48,527

Effect on Derivatives on the Consolidated Statements of Income [Table Text Block]

Effect of Derivatives on the Consolidated Statements of Income
	Three months ended				Nine months ended
	September 30,				September 30,
Fair Value Hedging Relationships	2018		2017		2018		2017
Interest rate swaps (Interest expense):
Gain (Loss) on interest rate swaps	$	2	$	(3)	$	(60)	$	(51)
Gain (Loss) on long-term debt		(2)		3		60		51

	Three months ended				Nine months ended
	September 30,				September 30,
Cash Flow Hedging Relationships	2018		2017		2018		2017
Cross-currency swaps:
Gain (Loss) recognized in accumulated OCI	$	(13)	$	429	$	308	$	(268)
Foreign exchange contracts:
Gain (Loss) recognized in accumulated OCI		17		-		17		-
Interest rate locks:
Gain (Loss) recognized in accumulated OCI		-		79		-		-
Interest income (expense) reclassified from accumulated OCI into income		(15)		(15)		(44)		(44)