FINANCIAL INSTRUMENTS AND FAIR VALUE MEASURES (Tables)

3 Months Ended

Mar. 31, 2012

Financial Instruments And Fair Value Measures [Abstract]

Schedule Of Fair Value Assets And Liabilities Measured On Recurring Basis Table Text Block

		March 31,		December 31,
		2012		2011
Assets:
Foreign currency exchange contracts	$	33	$	26
Available for sale investments		375		359
Interest rate swap agreements		120		134
Forward commodity contracts		1		1
Liabilities:
Foreign currency exchange contracts	$	32	$	52
Forward commodity contracts		14		10

Financial assets and liabilities that were not carried at fair value

	March 31, 2012				December 31, 2011
	Carrying		Fair		Carrying		Fair
	Value		Value		Value		Value
Assets
Long-term receivables	$	126	$	123	$	132	$	132
Liabilities
Long-term debt and related current maturities	$	6,884	$	7,844	$	6,896	$	7,896

Asset and Liability Derivatives Both Designated and Not Designated as Hedging Instruments at Fair Value

Fair value of derivatives classified as assets consist of the following:
			March 31,		December 31,
Designated as a Hedge	Balance Sheet Classification		2012		2011
Foreign currency exchange contracts	Accounts, notes, and other receivables	$	32	$	18
Interest rate swap agreements	Other assets		120		134
Commodity contracts	Accounts, notes, and other receivables		1		1
Not Designated as a Hedge	Balance Sheet Classification
Foreign currency exchange contracts	Accounts, notes, and other receivables	$	1	$	8
Fair value of derivatives classified as liabilities consist of the following:
			March 31,		December 31,
Designated as a Hedge	Balance Sheet Classification		2012		2011
Foreign currency exchange contracts	Accrued liabilities	$	30	$	50
Commodity contracts	Accrued liabilities		14		10
Not Designated as a Hedge	Balance Sheet Classification
Foreign currency exchange contracts	Accrued liabilities	$	2	$	2

Gains (losses) recognized in OCI and reclassified from AOCI to income

Gains (losses) recognized in OCI (effective portion) consist of the following:
			Three Months Ended
			March 31,
	Designated Cash Flow Hedge		2012		2011
	Foreign currency exchange contracts	$	39	$	5
	Commodity contracts		(9)		3

Gains (losses) reclassified from AOCI to income consist of the following:
				Three Months Ended
	Designated			March 31,
	Cash Flow Hedge	Income Statement Location		2012		2011
	Foreign currency	Product sales	$	3	$	6
	exchange contracts	Cost of products sold		3		(5)
		Sales & general administrative		6		2
	Commodity contracts	Cost of products sold	$	(6)	$	(1)