XML 22 R73.htm IDEA: XBRL DOCUMENT v3.20.1
Financial Instruments and Risk Management - Impact on Earnings (Details) - USD ($)
$ in Millions
3 Months Ended
Mar. 31, 2020
Mar. 31, 2019
Impact on Earnings from Derivative Instruments    
Cash Flow Hedge - Reclassified Amount from Accumulated Other Comprehensive Earnings (Loss) $ 20 $ 24
Gain (Loss) on Derivatives not Designated as Hedge Instruments 21 89
Amounts reclassified into earnings:    
Commodity contracts (4) 3
Interest rate contracts 1  
Cross currency swap contracts 1 (27)
Currency exchange contracts (18)  
Change in fair value of cash flow hedges:    
Derivative, Gain (Loss) on Derivative, Net 20 24
Stranded tax effects reclassified into retained earnings:    
Changes in accumulated other comprehensive earnings (loss) for effective derivatives 5 19
Commodity contracts    
Impact on Earnings from Derivative Instruments    
Cash Flow Hedge - Reclassified Amount from Accumulated Other Comprehensive Earnings (Loss) (30) 14
Change in fair value of cash flow hedges:    
Derivative, Gain (Loss) on Derivative, Net (30) 14
Stranded tax effects reclassified into retained earnings:    
Reclassification of stranded tax effects   2
Commodity contracts | Net sales    
Impact on Earnings from Derivative Instruments    
Cash Flow Hedge - Reclassified Amount from Accumulated Other Comprehensive Earnings (Loss)   2
Gain (Loss) on Derivatives not Designated as Hedge Instruments 1  
Change in fair value of cash flow hedges:    
Derivative, Gain (Loss) on Derivative, Net   2
Commodity contracts | Cost of sales    
Impact on Earnings from Derivative Instruments    
Cash Flow Hedge - Reclassified Amount from Accumulated Other Comprehensive Earnings (Loss) 4 (5)
Gain (Loss) on Derivatives not Designated as Hedge Instruments (1) 1
Change in fair value of cash flow hedges:    
Derivative, Gain (Loss) on Derivative, Net 4 (5)
Interest rate contracts    
Impact on Earnings from Derivative Instruments    
Cash Flow Hedge - Reclassified Amount from Accumulated Other Comprehensive Earnings (Loss) (2)  
Change in fair value of cash flow hedges:    
Derivative, Gain (Loss) on Derivative, Net (2)  
Interest rate contracts | Interest expense.    
Impact on Earnings from Derivative Instruments    
Cash Flow Hedge - Reclassified Amount from Accumulated Other Comprehensive Earnings (Loss) (1)  
Gain (Loss) on Derivatives not Designated as Hedge Instruments 1  
Change in fair value of cash flow hedges:    
Derivative, Gain (Loss) on Derivative, Net (1)  
Foreign currency contracts | Selling, general and administrative    
Impact on Earnings from Derivative Instruments    
Cash Flow Hedge - Reclassified Amount from Accumulated Other Comprehensive Earnings (Loss) 18  
Gain (Loss) on Derivatives not Designated as Hedge Instruments 22 58
Change in fair value of cash flow hedges:    
Derivative, Gain (Loss) on Derivative, Net 18  
Equity contracts | Selling, general and administrative    
Impact on Earnings from Derivative Instruments    
Gain (Loss) on Derivatives not Designated as Hedge Instruments (2) 30
Cross-currency swap    
Impact on Earnings from Derivative Instruments    
Cash Flow Hedge - Reclassified Amount from Accumulated Other Comprehensive Earnings (Loss) 1 43
Change in fair value of cash flow hedges:    
Derivative, Gain (Loss) on Derivative, Net 1 43
Stranded tax effects reclassified into retained earnings:    
Reclassification of stranded tax effects   (5)
Cross-currency swap | Interest expense.    
Impact on Earnings from Derivative Instruments    
Cash Flow Hedge - Reclassified Amount from Accumulated Other Comprehensive Earnings (Loss)   4
Change in fair value of cash flow hedges:    
Derivative, Gain (Loss) on Derivative, Net   4
Cross-currency swap | Selling, general and administrative    
Impact on Earnings from Derivative Instruments    
Cash Flow Hedge - Reclassified Amount from Accumulated Other Comprehensive Earnings (Loss) (1) 23
Change in fair value of cash flow hedges:    
Derivative, Gain (Loss) on Derivative, Net (1) 23
Currency exchange contracts    
Impact on Earnings from Derivative Instruments    
Cash Flow Hedge - Reclassified Amount from Accumulated Other Comprehensive Earnings (Loss) 58 (2)
Change in fair value of cash flow hedges:    
Derivative, Gain (Loss) on Derivative, Net 58 (2)
Foreign currency and tax impacts    
Impact on Earnings from Derivative Instruments    
Cash Flow Hedge - Reclassified Amount from Accumulated Other Comprehensive Earnings (Loss) (2) (9)
Change in fair value of cash flow hedges:    
Derivative, Gain (Loss) on Derivative, Net $ (2) $ (9)