v3.25.3
FINANCIAL INSTRUMENTS - Schedule of Fair Value of Derivatives (Details) - USD ($)
$ in Millions
Sep. 30, 2025
Dec. 31, 2024
Derivative [Line Items]    
Gross Notional $ 40,858 $ 40,469
All other current assets    
All other current assets    
Gross derivatives 518 552
Netting adjustment (291) (383)
Net derivatives recognized in the Consolidated and Combined Statement of Financial Position $ 227 $ 168
Derivative Asset, Statement of Financial Position [Extensible Enumeration] All other current assets (Note 10) All other current assets (Note 10)
All other assets    
All other current assets    
Gross derivatives $ 317 $ 323
Netting adjustment (152) (166)
Net derivatives recognized in the Consolidated and Combined Statement of Financial Position $ 165 $ 158
Derivative Asset, Statement of Financial Position [Extensible Enumeration] All other assets (Note 10) All other assets (Note 10)
All other current liabilities    
All other current liabilities    
Gross derivatives $ 391 $ 552
Netting adjustment (289) (381)
Net derivatives recognized in the Consolidated and Combined Statement of Financial Position $ 102 $ 171
Derivative Liability, Statement of Financial Position [Extensible Enumeration] All other current liabilities (Note 14) All other current liabilities (Note 14)
All other liabilities    
All other current liabilities    
Gross derivatives $ 230 $ 211
Netting adjustment (152) (166)
Net derivatives recognized in the Consolidated and Combined Statement of Financial Position $ 78 $ 46
Derivative Liability, Statement of Financial Position [Extensible Enumeration] All other liabilities (Note 14) All other liabilities (Note 14)
Derivatives accounted for as hedges    
Derivative [Line Items]    
Gross Notional $ 6,718 $ 5,789
Derivatives accounted for as hedges | All other current assets    
All other current assets    
Gross derivatives 89 61
Derivatives accounted for as hedges | All other assets    
All other current assets    
Gross derivatives 122 144
Derivatives accounted for as hedges | All other current liabilities    
All other current liabilities    
Gross derivatives 35 58
Derivatives accounted for as hedges | All other liabilities    
All other current liabilities    
Gross derivatives 56 65
Derivatives not accounted for as hedges    
Derivative [Line Items]    
Gross Notional 34,140 34,681
Derivatives not accounted for as hedges | All other current assets    
All other current assets    
Gross derivatives 429 491
Derivatives not accounted for as hedges | All other assets    
All other current assets    
Gross derivatives 195 179
Derivatives not accounted for as hedges | All other current liabilities    
All other current liabilities    
Gross derivatives 356 495
Derivatives not accounted for as hedges | All other liabilities    
All other current liabilities    
Gross derivatives 175 146
Derivatives not accounted for as hedges | Foreign currency exchange contracts    
Derivative [Line Items]    
Gross Notional 33,745 34,244
Derivatives not accounted for as hedges | Foreign currency exchange contracts | All other current assets    
All other current assets    
Gross derivatives 400 479
Derivatives not accounted for as hedges | Foreign currency exchange contracts | All other assets    
All other current assets    
Gross derivatives 174 159
Derivatives not accounted for as hedges | Foreign currency exchange contracts | All other current liabilities    
All other current liabilities    
Gross derivatives 351 483
Derivatives not accounted for as hedges | Foreign currency exchange contracts | All other liabilities    
All other current liabilities    
Gross derivatives 170 144
Derivatives not accounted for as hedges | Commodity and other contracts    
Derivative [Line Items]    
Gross Notional 395 436
Derivatives not accounted for as hedges | Commodity and other contracts | All other current assets    
All other current assets    
Gross derivatives 30 12
Derivatives not accounted for as hedges | Commodity and other contracts | All other assets    
All other current assets    
Gross derivatives 21 20
Derivatives not accounted for as hedges | Commodity and other contracts | All other current liabilities    
All other current liabilities    
Gross derivatives 5 12
Derivatives not accounted for as hedges | Commodity and other contracts | All other liabilities    
All other current liabilities    
Gross derivatives $ 5 $ 2