v3.25.4
HEDGES AND DERIVATIVE FINANCIAL INSTRUMENTS - Schedule of Effects of Derivative Instruments on Consolidated Statements of Income (Loss) and Consolidated Statements of Comprehensive Income (Loss) (Details) - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2025
Dec. 31, 2024
Dec. 31, 2023
Derivative Instruments, Gain (Loss) [Line Items]      
Gain (Loss) Recognized in OCI (Effective Portion) $ (117) $ 133 $ (100)
Gain (Loss) Reclassified from OCI into Earnings (Effective Portion) (46) 52 $ (36)
Cash Flow Hedges      
Derivative Instruments, Gain (Loss) [Line Items]      
Tax impact of cash flow hedges 23 (26)  
Commodity swaps/options | Cash Flow Hedges      
Derivative Instruments, Gain (Loss) [Line Items]      
Gain (Loss) Recognized in OCI (Effective Portion) 19 4  
Commodity swaps/options | Cash Flow Hedges | Cost of products sold      
Derivative Instruments, Gain (Loss) [Line Items]      
Gain (Loss) Reclassified from OCI into Earnings (Effective Portion) (2) 1  
Foreign exchange forwards/options | Interest and sundry (income) expense      
Derivative Instruments, Gain (Loss) [Line Items]      
Gain (Loss) Recognized on Derivatives not Accounted for as Hedges (42) 28  
Foreign exchange forwards/options | Cash Flow Hedges      
Derivative Instruments, Gain (Loss) [Line Items]      
Gain (Loss) Recognized in OCI (Effective Portion) (75) 96  
Foreign exchange forwards/options | Cash Flow Hedges | Net sales      
Derivative Instruments, Gain (Loss) [Line Items]      
Gain (Loss) Reclassified from OCI into Earnings (Effective Portion) 1 1  
Foreign exchange forwards/options | Cash Flow Hedges | Cost of products sold      
Derivative Instruments, Gain (Loss) [Line Items]      
Gain (Loss) Reclassified from OCI into Earnings (Effective Portion) (6) (5)  
Foreign exchange forwards/options | Cash Flow Hedges | Interest and sundry (income) expense      
Derivative Instruments, Gain (Loss) [Line Items]      
Gain (Loss) Reclassified from OCI into Earnings (Effective Portion) 13 8  
Cross-currency swaps | Cash Flow Hedges      
Derivative Instruments, Gain (Loss) [Line Items]      
Gain (Loss) Recognized in OCI (Effective Portion) (61) 34  
Cross-currency swaps | Cash Flow Hedges | Interest and sundry (income) expense      
Derivative Instruments, Gain (Loss) [Line Items]      
Gain (Loss) Reclassified from OCI into Earnings (Effective Portion) (83) 46  
Interest rate derivatives | Cash Flow Hedges | Interest expense      
Derivative Instruments, Gain (Loss) [Line Items]      
Gain (Loss) Reclassified from OCI into Earnings (Effective Portion) $ 31 $ 1