v3.25.1
Financial Instruments and Risk Management - Impact on Earnings (Details) - USD ($)
$ in Millions
3 Months Ended
Mar. 31, 2025
Mar. 31, 2024
Impact on Earnings from Derivative Instruments    
Cash Flow Hedge - Reclassified Amount from Accumulated Other Comprehensive Earnings (Loss) $ (30) $ 34
Gain (Loss) on Derivatives not Designated as Hedge Instruments (76) 44
Amounts reclassified into earnings:    
Commodity contracts 2 1
Interest rate contracts   (3)
Change in fair value of hedges:    
Changes in accumulated other comprehensive earnings (loss) for derivatives designated as hedges (25) 5
Commodity contracts    
Impact on Earnings from Derivative Instruments    
Gain (Loss) on Derivatives not Designated as Hedge Instruments   3
Change in fair value of hedges:    
Gain (Loss) on Derivative   1
Commodity contracts | Net sales    
Impact on Earnings from Derivative Instruments    
Cash Flow Hedge - Reclassified Amount from Accumulated Other Comprehensive Earnings (Loss) (5) 13
Commodity contracts | Cost of sales    
Impact on Earnings from Derivative Instruments    
Cash Flow Hedge - Reclassified Amount from Accumulated Other Comprehensive Earnings (Loss) $ 3 (14)
Interest rate contracts    
Impact on Earnings from Derivative Instruments    
Cash Flow Hedge - Reclassified Amount from Accumulated Other Comprehensive Earnings (Loss)   $ 3
Derivative, Gain (Loss), Statement of Income or Comprehensive Income [Extensible Enumeration] Interest Expense, Debt Interest Expense, Debt
Change in fair value of hedges:    
Gain (Loss) on Derivative $ (4) $ 12
Currency contract    
Impact on Earnings from Derivative Instruments    
Derivative, Gain (Loss), Statement of Income or Comprehensive Income [Extensible Enumeration] Selling, General and Administrative Expense Selling, General and Administrative Expense
Equity contracts    
Impact on Earnings from Derivative Instruments    
Derivative, Gain (Loss), Statement of Income or Comprehensive Income [Extensible Enumeration] Selling, General and Administrative Expense Selling, General and Administrative Expense
Equity contracts | Selling, general and administrative    
Impact on Earnings from Derivative Instruments    
Gain (Loss) on Derivatives not Designated as Hedge Instruments $ (5) $ 14
Currency exchange contracts    
Amounts reclassified into earnings:    
Currency exchange contracts 28 (32)
Change in fair value of hedges:    
Gain (Loss) on Derivative (28) 29
Net investment hedge    
Change in fair value of hedges:    
Gain (Loss) on Derivative (30)  
Currency and tax impacts    
Impact on Earnings from Derivative Instruments    
Cash Flow Hedge - Reclassified Amount from Accumulated Other Comprehensive Earnings (Loss) (28) 32
Change in fair value of hedges:    
Gain (Loss) on Derivative 7 (3)
Currency and tax impacts | Selling, general and administrative    
Impact on Earnings from Derivative Instruments    
Gain (Loss) on Derivatives not Designated as Hedge Instruments $ (71) $ 27