v3.25.2
Derivative Financial Instruments - Gains and Losses (Details) - USD ($)
$ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2025
Jun. 30, 2024
Jun. 30, 2025
Jun. 30, 2024
Derivative Instruments, Gain (Loss)        
Derivative, Gain (Loss), Statement of Income or Comprehensive Income [Extensible Enumeration] Cost, Interest expense, Selling, general and administrative, Other (income) and expense Cost, Interest expense, Selling, general and administrative, Other (income) and expense Cost, Interest expense, Selling, general and administrative, Other (income) and expense Cost, Interest expense, Selling, general and administrative, Other (income) and expense
Gains/(losses) recognized in earnings on derivatives $ 295 $ (207) $ 451 $ (509)
Gains/(losses) recognized in earnings attributable to risk being hedged (33) 12 (119) 143
Gains/(Losses) Recognized in Earnings and Other Comprehensive Income - Recognized in OCI (1,668) 372 (2,535) 1,160
Gains/(Losses) Recognized in Earnings and Other Comprehensive Income - Reclassified from AOCI 449 61 798 9
Gains/(Losses) Recognized in Earnings and Other Comprehensive Income - Amounts Excluded from Effectiveness Testing (2) 6 (3) 14
Interest rate contracts | Cash Flow Hedging        
Derivative Instruments, Gain (Loss)        
Gains/(Losses) Recognized in Earnings and Other Comprehensive Income - Recognized in OCI - Cash flow hedges 0 0 0 0
Foreign exchange contracts | Not Designated as Hedging Instrument, Economic Hedge        
Derivative Instruments, Gain (Loss)        
Gains/(losses) recognized in earnings on derivatives 165 (161) 285 (368)
Foreign exchange contracts | Cash Flow Hedging        
Derivative Instruments, Gain (Loss)        
Gains/(Losses) Recognized in Earnings and Other Comprehensive Income - Recognized in OCI - Cash flow hedges (25) 134 17 300
Gains/(Losses) Recognized in Earnings and Other Comprehensive Income - Recognized in OCI - Amount excluded from the assessment of effectiveness (57) (31) (158) (21)
Gains/(Losses) Recognized in Earnings and Other Comprehensive Income - Amounts Excluded from Effectiveness Testing (30) (18) (56) (37)
Foreign exchange contracts | Net Investment Hedging        
Derivative Instruments, Gain (Loss)        
Gains/(Losses) Recognized in Earnings and Other Comprehensive Income - Recognized in OCI - Amount excluded from the assessment of effectiveness 0 0 11 0
Gains/(Losses) Recognized in Earnings and Other Comprehensive Income - Recognized in OCI - Net investment hedges (1,585) 269 (2,406) 881
Equity contracts | Not Designated as Hedging Instrument, Economic Hedge        
Derivative Instruments, Gain (Loss)        
Gains/(losses) recognized in earnings on derivatives 115 4 81 75
Cost of financing | Interest rate contracts | Fair Value Hedging        
Derivative Instruments, Gain (Loss)        
Gains/(losses) recognized in earnings on derivatives 2 (8) 13 (35)
Gains/(losses) recognized in earnings attributable to risk being hedged (5) 2 (18) 23
Cost of financing | Interest rate contracts | Cash Flow Hedging        
Derivative Instruments, Gain (Loss)        
Gains/(Losses) Recognized in Earnings and Other Comprehensive Income - Reclassified from AOCI 0 (1) (1) (1)
Cost of financing | Foreign exchange contracts | Cash Flow Hedging        
Derivative Instruments, Gain (Loss)        
Gains/(Losses) Recognized in Earnings and Other Comprehensive Income - Reclassified from AOCI (1) (1) (1) (2)
Cost of financing | Foreign exchange contracts | Net Investment Hedging        
Derivative Instruments, Gain (Loss)        
Gains/(Losses) Recognized in Earnings and Other Comprehensive Income - Amounts Excluded from Effectiveness Testing 4 4 8 8
Interest expense | Interest rate contracts | Fair Value Hedging        
Derivative Instruments, Gain (Loss)        
Gains/(losses) recognized in earnings on derivatives 13 (42) 72 (180)
Gains/(losses) recognized in earnings attributable to risk being hedged (28) 10 (101) 120
Interest expense | Interest rate contracts | Cash Flow Hedging        
Derivative Instruments, Gain (Loss)        
Gains/(Losses) Recognized in Earnings and Other Comprehensive Income - Reclassified from AOCI (3) (3) (6) (7)
Interest expense | Foreign exchange contracts | Cash Flow Hedging        
Derivative Instruments, Gain (Loss)        
Gains/(Losses) Recognized in Earnings and Other Comprehensive Income - Reclassified from AOCI (3) (5) (6) (10)
Interest expense | Foreign exchange contracts | Net Investment Hedging        
Derivative Instruments, Gain (Loss)        
Gains/(Losses) Recognized in Earnings and Other Comprehensive Income - Amounts Excluded from Effectiveness Testing 24 21 45 43
Cost of services | Foreign exchange contracts | Cash Flow Hedging        
Derivative Instruments, Gain (Loss)        
Gains/(Losses) Recognized in Earnings and Other Comprehensive Income - Reclassified from AOCI (4) 9 (5) 14
Cost of sales | Foreign exchange contracts | Cash Flow Hedging        
Derivative Instruments, Gain (Loss)        
Gains/(Losses) Recognized in Earnings and Other Comprehensive Income - Reclassified from AOCI (5) 15 2 27
SG&A expense | Foreign exchange contracts | Cash Flow Hedging        
Derivative Instruments, Gain (Loss)        
Gains/(Losses) Recognized in Earnings and Other Comprehensive Income - Reclassified from AOCI (2) 7 2 10
Other (income) and expense | Foreign exchange contracts | Cash Flow Hedging        
Derivative Instruments, Gain (Loss)        
Gains/(Losses) Recognized in Earnings and Other Comprehensive Income - Reclassified from AOCI $ 466 $ 39 $ 814 $ (22)