v3.25.2
Financial Instruments - Fair Value of Derivative Instruments (Details) - USD ($)
$ in Millions
Jun. 30, 2025
Dec. 31, 2024
Derivatives, Fair Value [Line Items]    
Asset Derivatives $ 1,199 $ 2,899
Liability Derivatives 1,811 1,725
Derivatives designated as accounting hedges    
Derivatives, Fair Value [Line Items]    
Asset Derivatives [1] 212 389
Liability Derivatives [1] 901 85
Derivatives designated as accounting hedges | Foreign currency contracts    
Derivatives, Fair Value [Line Items]    
Asset Derivatives [1] 0 5
Liability Derivatives [1] 344 5
Derivatives designated as accounting hedges | Interest rate contracts    
Derivatives, Fair Value [Line Items]    
Asset Derivatives [1] 0 2
Liability Derivatives [1] 3 11
Derivatives designated as accounting hedges | Cross-currency swap contracts    
Derivatives, Fair Value [Line Items]    
Asset Derivatives [1] 212 382
Liability Derivatives [1] 554 69
Derivatives not designated as accounting hedges    
Derivatives, Fair Value [Line Items]    
Asset Derivatives 987 2,510
Liability Derivatives 910 1,640
Derivatives not designated as accounting hedges | Foreign currency contracts    
Derivatives, Fair Value [Line Items]    
Asset Derivatives 190 302
Liability Derivatives 192 118
Derivatives not designated as accounting hedges | Commodity contracts    
Derivatives, Fair Value [Line Items]    
Asset Derivatives 794 2,205
Liability Derivatives 718 1,522
Derivatives not designated as accounting hedges | Interest rate contracts    
Derivatives, Fair Value [Line Items]    
Asset Derivatives 3 3
Liability Derivatives $ 0 $ 0
[1] We designate some of our non-U.S. dollar denominated debt to hedge a portion of our net investments in our non-U.S. operations. This debt is not reflected in the table above, but is included in long-term debt discussed in Note 7, Debt and Borrowing Arrangements. Non-U.S. dollar denominated debt designated as net investment hedges is also disclosed in the Notional Amounts of Derivatives and Other Hedging Instruments table and the Hedges of Net Investments in International Operations section appearing later in this footnote.