v3.25.4
FINANCIAL INSTRUMENTS AND FAIR VALUE MEASUREMENTS - Gain/(Loss) on Hedging Activity (Details)
12 Months Ended
Dec. 31, 2025
USD ($)
Dec. 31, 2024
USD ($)
Dec. 31, 2023
USD ($)
Dec. 31, 2023
EUR (€)
Foreign exchange contracts gains/(losses):        
Recognized in Other comprehensive income/(loss) $ (340,000,000) $ 495,000,000 $ 70,000,000  
Reclassified to net earnings, pretax (88,000,000) (33,000,000) (334,000,000)  
Non-U.S. dollar borrowings gains/(losses):        
Recognized in Other comprehensive (loss)/income (60,000,000) (136,000,000) 84,000,000  
Principal Value 44,323,000,000 48,937,000,000    
Designated as cash flow hedges        
Non-U.S. dollar borrowings gains/(losses):        
Recognized in Other comprehensive (loss)/income 0 0 (10,000,000)  
Principal Value | €       € 375,000,000
Foreign exchange contracts        
Foreign exchange contracts gains/(losses):        
Recognized in Other comprehensive income/(loss) (426,000,000) 418,000,000 13,000,000  
Derivatives designated as net investment hedges        
Recognized in Other comprehensive income/(loss) (113,000,000) 35,000,000 (15,000,000)  
Foreign exchange contracts | Cost of products sold        
Foreign exchange contracts gains/(losses):        
Reclassified to net earnings, pretax 63,000,000 (100,000,000) (303,000,000)  
Cross-currency swap contracts        
Foreign exchange contracts gains/(losses):        
Recognized in Other comprehensive income/(loss) 85,000,000 (54,000,000) 57,000,000  
Derivatives designated as net investment hedges        
Recognized in Other comprehensive income/(loss) (24,000,000) 51,000,000 52,000,000  
Cross-currency swap contracts | Other (income)/expense, net        
Foreign exchange contracts gains/(losses):        
Reclassified to net earnings, pretax (123,000,000) 75,000,000 (31,000,000)  
Interest rate swap contracts        
Foreign exchange contracts gains/(losses):        
Recognized in Other comprehensive income/(loss) 0 131,000,000 0  
Interest rate swap contracts | Other (income)/expense, net        
Foreign exchange contracts gains/(losses):        
Reclassified to net earnings, pretax $ (28,000,000) $ (5,000,000) $ 0