XML 90 R56.htm IDEA: XBRL DOCUMENT v3.21.1
DERIVATIVE INSTRUMENTS AND HEDGING TRANSACTIONS 3 (Details) - USD ($)
3 Months Ended
Mar. 31, 2021
Mar. 31, 2020
Derivative Instruments and Hedging Activities Disclosures [Line Items]    
Revenue $ 8,454,000,000 $ 8,463,000,000
Cost of products and services sold 5,709,000,000 5,534,000,000
SG&A 1,236,000,000 1,238,000,000
Other (income) expense (442,000,000) (317,000,000)
Interest and other financial charges 90,000,000 73,000,000
Foreign currency exchange contracts [Member] | Revenue [Member]    
Derivative Instruments and Hedging Activities Disclosures [Line Items]    
Gain or (loss) on derivates not designated as hedging instruments 0 0
Foreign currency exchange contracts [Member] | Cost of Products Sold [Member]    
Derivative Instruments and Hedging Activities Disclosures [Line Items]    
Gain or (loss) on derivates not designated as hedging instruments 0 0
Foreign currency exchange contracts [Member] | SG&A [Member]    
Derivative Instruments and Hedging Activities Disclosures [Line Items]    
Gain or (loss) on derivates not designated as hedging instruments 0 0
Foreign currency exchange contracts [Member] | Other (income) Expense [Member]    
Derivative Instruments and Hedging Activities Disclosures [Line Items]    
Gain or (loss) on derivates not designated as hedging instruments 60,000,000 284,000,000
Foreign currency exchange contracts [Member] | Interest and Other Financial Charges [Member]    
Derivative Instruments and Hedging Activities Disclosures [Line Items]    
Gain or (loss) on derivates not designated as hedging instruments 0 0
Designated as Hedging Instrument [Member] | Foreign currency exchange contracts [Member]    
Derivative Instruments and Hedging Activities Disclosures [Line Items]    
Gain or (loss) on net investment hedges recognized in Accumulated other comprehensive income (loss) (2,000,000) 84,000,000
Designated as Hedging Instrument [Member] | Gain or (loss) on cash flow hedges [Member] | Foreign currency exchange contracts [Member] | Revenue [Member]    
Derivative Instruments and Hedging Activities Disclosures [Line Items]    
Amount reclassified from accumulated other comprehensive income into income 1,000,000 0
Amount excluded from effectiveness testing recognized in earnings using an amortization approach 0 0
Designated as Hedging Instrument [Member] | Gain or (loss) on cash flow hedges [Member] | Foreign currency exchange contracts [Member] | Cost of Products Sold [Member]    
Derivative Instruments and Hedging Activities Disclosures [Line Items]    
Amount reclassified from accumulated other comprehensive income into income 1,000,000 27,000,000
Amount excluded from effectiveness testing recognized in earnings using an amortization approach 0 4,000,000
Designated as Hedging Instrument [Member] | Gain or (loss) on cash flow hedges [Member] | Foreign currency exchange contracts [Member] | SG&A [Member]    
Derivative Instruments and Hedging Activities Disclosures [Line Items]    
Amount reclassified from accumulated other comprehensive income into income 2,000,000 0
Amount excluded from effectiveness testing recognized in earnings using an amortization approach 0 0
Designated as Hedging Instrument [Member] | Gain or (loss) on cash flow hedges [Member] | Foreign currency exchange contracts [Member] | Other (income) Expense [Member]    
Derivative Instruments and Hedging Activities Disclosures [Line Items]    
Amount reclassified from accumulated other comprehensive income into income 0 40,000,000
Amount excluded from effectiveness testing recognized in earnings using an amortization approach 0 8,000,000
Designated as Hedging Instrument [Member] | Gain or (loss) on cash flow hedges [Member] | Foreign currency exchange contracts [Member] | Interest and Other Financial Charges [Member]    
Derivative Instruments and Hedging Activities Disclosures [Line Items]    
Amount reclassified from accumulated other comprehensive income into income 0 0
Amount excluded from effectiveness testing recognized in earnings using an amortization approach 0 0
Designated as Hedging Instrument [Member] | Gain or (loss) on fair value hedges | Interest Rate Swap [Member] | Revenue [Member]    
Derivative Instruments and Hedging Activities Disclosures [Line Items]    
Hedged items 0 0
Derivatives designated as hedges 0 0
Designated as Hedging Instrument [Member] | Gain or (loss) on fair value hedges | Interest Rate Swap [Member] | Cost of Products Sold [Member]    
Derivative Instruments and Hedging Activities Disclosures [Line Items]    
Hedged items 0 0
Derivatives designated as hedges 0 0
Designated as Hedging Instrument [Member] | Gain or (loss) on fair value hedges | Interest Rate Swap [Member] | SG&A [Member]    
Derivative Instruments and Hedging Activities Disclosures [Line Items]    
Hedged items 0 0
Derivatives designated as hedges 0 0
Designated as Hedging Instrument [Member] | Gain or (loss) on fair value hedges | Interest Rate Swap [Member] | Other (income) Expense [Member]    
Derivative Instruments and Hedging Activities Disclosures [Line Items]    
Hedged items 0 0
Derivatives designated as hedges 0 0
Designated as Hedging Instrument [Member] | Gain or (loss) on fair value hedges | Interest Rate Swap [Member] | Interest and Other Financial Charges [Member]    
Derivative Instruments and Hedging Activities Disclosures [Line Items]    
Hedged items 94,000,000 (205,000,000)
Derivatives designated as hedges (94,000,000) 205,000,000
Designated as Hedging Instrument [Member] | Net Investment Hedging [Member] | Foreign currency exchange contracts [Member] | Revenue [Member]    
Derivative Instruments and Hedging Activities Disclosures [Line Items]    
Amount excluded from effectiveness testing recognized in earnings using an amortization approach 0 0
Designated as Hedging Instrument [Member] | Net Investment Hedging [Member] | Foreign currency exchange contracts [Member] | Cost of Products Sold [Member]    
Derivative Instruments and Hedging Activities Disclosures [Line Items]    
Amount excluded from effectiveness testing recognized in earnings using an amortization approach 0 0
Designated as Hedging Instrument [Member] | Net Investment Hedging [Member] | Foreign currency exchange contracts [Member] | SG&A [Member]    
Derivative Instruments and Hedging Activities Disclosures [Line Items]    
Amount excluded from effectiveness testing recognized in earnings using an amortization approach 0 0
Designated as Hedging Instrument [Member] | Net Investment Hedging [Member] | Foreign currency exchange contracts [Member] | Other (income) Expense [Member]    
Derivative Instruments and Hedging Activities Disclosures [Line Items]    
Amount excluded from effectiveness testing recognized in earnings using an amortization approach 0 0
Designated as Hedging Instrument [Member] | Net Investment Hedging [Member] | Foreign currency exchange contracts [Member] | Interest and Other Financial Charges [Member]    
Derivative Instruments and Hedging Activities Disclosures [Line Items]    
Amount excluded from effectiveness testing recognized in earnings using an amortization approach 4,000,000 5,000,000
Designated as Hedging Instrument [Member] | Euro denominated long-term debt [Member]    
Derivative Instruments and Hedging Activities Disclosures [Line Items]    
Gain or (loss) on net investment hedges recognized in Accumulated other comprehensive income (loss) 150,000,000 124,000,000
Designated as Hedging Instrument [Member] | Net Investment Euro Denominated Commercial Paper [Member]    
Derivative Instruments and Hedging Activities Disclosures [Line Items]    
Gain or (loss) on net investment hedges recognized in Accumulated other comprehensive income (loss) 30,000,000 70,000,000
Designated as Hedging Instrument [Member] | Net Investment Cross Currency Swap [Member]    
Derivative Instruments and Hedging Activities Disclosures [Line Items]    
Gain or (loss) on net investment hedges recognized in Accumulated other comprehensive income (loss) 44,000,000 (26,000,000)
Products [Member]    
Derivative Instruments and Hedging Activities Disclosures [Line Items]    
Revenue 6,409,000,000 6,305,000,000
Cost of products and services sold $ 4,551,000,000 $ 4,374,000,000