v3.25.2
FINANCIAL INSTRUMENTS AND DERIVATIVES - GAIN (LOSS) RECORDED IN AOCI IN THE CONSOLIDATED STATEMENTS OF OPERATIONS (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) [Line Items]        
Cost of products sold $ 446 $ 473 $ 859 $ 920
Interest expense, net 24 17 43 35
Other expense (income), net 1 (1) 1 (8)
Interest rate swaps | Cash Flow Hedges | Designated as Hedging Instrument        
Derivative Instruments, Gain (Loss) [Line Items]        
Amount of Gain or (Loss) Reclassified from AOCI into Income (1) (1) (2) (2)
Amount of Gain or (Loss) Recognized in AOCI 0 0 0 0
Interest rate swaps | Cash Flow Hedges | Designated as Hedging Instrument | Cost of products sold        
Derivative Instruments, Gain (Loss) [Line Items]        
Amount of Gain or (Loss) Reclassified from AOCI into Income 0 0 0 0
Interest rate swaps | Cash Flow Hedges | Designated as Hedging Instrument | Interest expense, net        
Derivative Instruments, Gain (Loss) [Line Items]        
Amount of Gain or (Loss) Reclassified from AOCI into Income 1 1 2 2
Interest rate swaps | Cash Flow Hedges | Designated as Hedging Instrument | Other expense (income), net        
Derivative Instruments, Gain (Loss) [Line Items]        
Amount of Gain or (Loss) Reclassified from AOCI into Income 0 0 0 0
Interest rate swaps | Fair Value Hedges | Designated as Hedging Instrument | Cost of products sold        
Derivative Instruments, Gain (Loss) [Line Items]        
(Gain) loss on hedges of net investment and fair value hedges 0 0 0 0
Interest rate swaps | Fair Value Hedges | Designated as Hedging Instrument | Interest expense, net        
Derivative Instruments, Gain (Loss) [Line Items]        
(Gain) loss on hedges of net investment and fair value hedges 2 2 3 4
Interest rate swaps | Fair Value Hedges | Designated as Hedging Instrument | Other expense (income), net        
Derivative Instruments, Gain (Loss) [Line Items]        
(Gain) loss on hedges of net investment and fair value hedges 0 0 0 0
Cross currency basis swaps | Hedges of Net Investments | Designated as Hedging Instrument        
Derivative Instruments, Gain (Loss) [Line Items]        
Amount of Gain or (Loss) Reclassified from AOCI into Income 0 0 0 0
Amount of Gain or (Loss) Recognized in AOCI (24) 4 (29) 8
Cross currency basis swaps | Hedges of Net Investments | Designated as Hedging Instrument | Cost of products sold        
Derivative Instruments, Gain (Loss) [Line Items]        
(Gain) loss on hedges of net investment and fair value hedges 0 0 0 0
Cross currency basis swaps | Hedges of Net Investments | Designated as Hedging Instrument | Interest expense, net        
Derivative Instruments, Gain (Loss) [Line Items]        
(Gain) loss on hedges of net investment and fair value hedges 0 0 0 0
Cross currency basis swaps | Hedges of Net Investments | Designated as Hedging Instrument | Other expense (income), net        
Derivative Instruments, Gain (Loss) [Line Items]        
(Gain) loss on hedges of net investment and fair value hedges (2) (1) (2) (2)
Foreign exchange forward contracts | Hedges of Net Investments | Designated as Hedging Instrument        
Derivative Instruments, Gain (Loss) [Line Items]        
Amount of Gain or (Loss) Reclassified from AOCI into Income 0 0 0 0
Amount of Gain or (Loss) Recognized in AOCI (91) (6) (107) 32
Foreign exchange forward contracts | Hedges of Net Investments | Designated as Hedging Instrument | Cost of products sold        
Derivative Instruments, Gain (Loss) [Line Items]        
(Gain) loss on hedges of net investment and fair value hedges 0 0 0 0
Foreign exchange forward contracts | Hedges of Net Investments | Designated as Hedging Instrument | Interest expense, net        
Derivative Instruments, Gain (Loss) [Line Items]        
(Gain) loss on hedges of net investment and fair value hedges 0 0 0 0
Foreign exchange forward contracts | Hedges of Net Investments | Designated as Hedging Instrument | Other expense (income), net        
Derivative Instruments, Gain (Loss) [Line Items]        
(Gain) loss on hedges of net investment and fair value hedges (6) (6) (12) (12)
Foreign exchange forward contracts | Fair Value Hedges | Designated as Hedging Instrument | Cost of products sold        
Derivative Instruments, Gain (Loss) [Line Items]        
(Gain) loss on hedges of net investment and fair value hedges 0 0 0 0
Foreign exchange forward contracts | Fair Value Hedges | Designated as Hedging Instrument | Interest expense, net        
Derivative Instruments, Gain (Loss) [Line Items]        
(Gain) loss on hedges of net investment and fair value hedges 0 0 0 0
Foreign exchange forward contracts | Fair Value Hedges | Designated as Hedging Instrument | Other expense (income), net        
Derivative Instruments, Gain (Loss) [Line Items]        
(Gain) loss on hedges of net investment and fair value hedges 0 0 0 (1)
Foreign exchange forward contracts | Fair Value Hedges | Derivative Instruments not Designated as Hedges | Cost of products sold        
Derivative Instruments, Gain (Loss) [Line Items]        
(Gain) loss on hedges of net investment and fair value hedges 0 0 0 0
Foreign exchange forward contracts | Fair Value Hedges | Derivative Instruments not Designated as Hedges | Interest expense, net        
Derivative Instruments, Gain (Loss) [Line Items]        
(Gain) loss on hedges of net investment and fair value hedges 0 0 0 0
Foreign exchange forward contracts | Fair Value Hedges | Derivative Instruments not Designated as Hedges | Other expense (income), net        
Derivative Instruments, Gain (Loss) [Line Items]        
(Gain) loss on hedges of net investment and fair value hedges $ 13 $ 0 $ 12 $ 0