v3.26.1
Financial Instruments - Fair Value of Derivative Instruments (Details) - USD ($)
$ in Millions
Jun. 30, 2026
Dec. 31, 2025
Derivatives, Fair Value [Line Items]    
Asset Derivatives $ 1,470 $ 826
Liability Derivatives 1,767 1,780
Derivatives designated as accounting hedges    
Derivatives, Fair Value [Line Items]    
Asset Derivatives [1] 202 242
Liability Derivatives [1] 470 673
Derivatives designated as accounting hedges | Foreign currency contracts    
Derivatives, Fair Value [Line Items]    
Asset Derivatives [1] 18 3
Liability Derivatives [1] 89 300
Derivatives designated as accounting hedges | Interest rate contracts    
Derivatives, Fair Value [Line Items]    
Asset Derivatives [1] 6 1
Liability Derivatives [1] 14 3
Derivatives designated as accounting hedges | Cross-currency swap contracts    
Derivatives, Fair Value [Line Items]    
Asset Derivatives [1] 178 238
Liability Derivatives [1] 367 370
Derivatives not designated as accounting hedges    
Derivatives, Fair Value [Line Items]    
Asset Derivatives 1,268 584
Liability Derivatives 1,297 1,107
Derivatives not designated as accounting hedges | Foreign currency contracts    
Derivatives, Fair Value [Line Items]    
Asset Derivatives 178 161
Liability Derivatives 221 182
Derivatives not designated as accounting hedges | Commodity contracts    
Derivatives, Fair Value [Line Items]    
Asset Derivatives 1,089 422
Liability Derivatives 1,076 924
Derivatives not designated as accounting hedges | Interest rate contracts    
Derivatives, Fair Value [Line Items]    
Asset Derivatives 1 1
Liability Derivatives $ 0 $ 1
[1] We designate some of our non-U.S. dollar denominated debt to hedge a portion of our net investments in our non-U.S. operations. This debt is not reflected in the table above, but is included in long-term debt discussed in Note 5, Debt and Borrowing Arrangements. Non-U.S. dollar denominated debt designated as net investment hedges is also disclosed in the Notional Amounts of Derivatives and Other Hedging Instruments table and the Hedges of Net Investments in International Operations section appearing later in this footnote.