XML 87 R70.htm IDEA: XBRL DOCUMENT v3.24.0.1
Derivative Instruments - Effects of Derivative Instruments (Details) - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2023
Dec. 31, 2022
Dec. 31, 2021
Derivatives not designated as hedging instruments | Foreign exchange contracts      
Derivatives and Hedges      
Amount of Gain (Loss) Recognized in Other income (expense), net $ (12) $ (20) $ 4
Derivatives designated as hedging instruments      
Derivatives and Hedges      
Gain (Loss) Recognized in OCI (Effective Portion) (51) 43 115
Gain (Loss) Reclassified from Accumulated OCI into Income (Effective Portion) (20) 27 80
Derivatives designated as hedging instruments | Net Investment Hedges      
Derivatives and Hedges      
Gain (Loss) Recognized in OCI (Effective Portion) (21) 30 40
Gain (Loss) Reclassified from Accumulated OCI into Income (Effective Portion) 5 6 3
Derivatives designated as hedging instruments | Commodity forward contracts and collars | Cash Flow Hedges | Cost of goods sold      
Derivatives and Hedges      
Gain (Loss) Recognized in OCI (Effective Portion) (27) (1)  
Gain (Loss) Reclassified from Accumulated OCI into Income (Effective Portion) (21) 6  
Derivatives designated as hedging instruments | Foreign exchange risk | Cash Flow Hedges | Other income (expense), net      
Derivatives and Hedges      
Gain (Loss) Recognized in OCI (Effective Portion) (3) 14 75
Gain (Loss) Reclassified from Accumulated OCI into Income (Effective Portion) $ (4) $ 15 $ 77