Financial Instruments and Fair Value Measures - Effect of derivatives on Income Statement (Details) - USD ($) $ in Millions |
3 Months Ended | 6 Months Ended | ||
---|---|---|---|---|
Jun. 30, 2025 |
Jun. 30, 2024 |
Jun. 30, 2025 |
Jun. 30, 2024 |
|
Cash flow hedges | ||||
Gain (loss) recognized in other comprehensive income (loss) | $ (8) | $ (3) | $ (8) | $ 2 |
Net investment hedges | ||||
Gain (loss) recognized in other comprehensive income (loss) | (134) | 10 | (178) | 33 |
Cost of goods sold | ||||
Cash flow hedges | ||||
Gain (loss) reclassified from AOCI to income: | 0 | (2) | 0 | (4) |
Interest expense | ||||
Cash flow hedges | ||||
Gain (loss) reclassified from AOCI to income: | (4) | 1 | (4) | (1) |
Net investment hedges | ||||
Loss on derivative instruments | 3 | 3 | ||
Non-operating income | ||||
Cash flow hedges | ||||
Gain (loss) reclassified from AOCI to income: | $ 45 | (6) | $ 64 | (13) |
Net investment hedges | ||||
Loss on derivative instruments | $ 4 | $ 4 |