v3.25.2
FINANCIAL INSTRUMENTS - Schedule of derivatives instruments performance (Details) - USD ($)
$ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2025
Jun. 30, 2024
Jun. 30, 2025
Jun. 30, 2024
Derivatives, Fair Value [Line Items]        
Unrealized gains / (losses) on foreign currency derivatives - net $ 33 $ 4 $ 21 $ 0
Currency commercial derivatives | Derivatives that do not qualify for hedge accounting        
Derivatives, Fair Value [Line Items]        
Realized gains / (losses) on foreign currency derivatives - net 3 (2) 0 (4)
Unrealized gains / (losses) on foreign currency derivatives - net 23 (2) 38 (12)
Currency commercial derivatives | Derivatives that qualify for hedge accounting        
Derivatives, Fair Value [Line Items]        
Realized gains / (losses) on foreign currency derivatives - net (1) (3) (4) (5)
Unrealized gains / (losses) on foreign currency derivatives - net 1 (1) 3 (1)
Unrealized gains / (losses) on foreign currency derivatives - net 26 (6) 37 (10)
(Losses) / gains reclassified from cash flow hedge reserve to the Consolidated Income Statement (1) 4 0 6
Currency net debt derivatives | Derivatives that do not qualify for hedge accounting        
Derivatives, Fair Value [Line Items]        
Realized (losses) / gains on foreign currency derivatives - net (16) (1) (25) 1
Unrealized (losses) / gains on foreign currency derivatives - net (1) 1 (1) (2)
Total (17) 0 (26) (1)
Commodity | Derivatives that do not qualify for hedge accounting        
Derivatives, Fair Value [Line Items]        
Realized gains / (losses) on foreign currency derivatives - net (28) 26 (19) 17
Unrealized gains / (losses) on foreign currency derivatives - net $ 10 $ 6 $ (17) $ 12