v3.26.1
Financial Instruments and Risk Management - Impact on Earnings (Details) - USD ($)
$ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2026
Jun. 30, 2025
Jun. 30, 2026
Jun. 30, 2025
Impact on Earnings from Derivative Instruments        
Cash Flow Hedge - Reclassified Amount from Accumulated Other Comprehensive Earnings (Loss) $ 6 $ (54) $ 4 $ (84)
Gain (Loss) on Derivatives not Designated as Hedge Instruments (14) (89) (9) (165)
Amounts reclassified into earnings:        
Commodity contracts 20 (16) 34 (14)
Interest rate contracts   (3) (1) (3)
Change in fair value of hedges:        
Changes in accumulated other comprehensive earnings (loss) for derivatives designated as hedges 41 (111) 76 (136)
Commodity contracts        
Impact on Earnings from Derivative Instruments        
Gain (Loss) on Derivatives not Designated as Hedge Instruments (21) 6 (33) 6
Change in fair value of hedges:        
Gain (Loss) on Derivative 42 (19) 48 (19)
Commodity contracts | Location, Statement of Income, Balance [Axis]: us-gaap:CostOfGoodsAndServiceExcludingDepreciationDepletionAndAmortization        
Impact on Earnings from Derivative Instruments        
Cash Flow Hedge - Reclassified Amount from Accumulated Other Comprehensive Earnings (Loss) 48 (1) 76 2
Commodity contracts | Location, Statement of Income, Balance [Axis]: us-gaap:RevenueFromContractWithCustomerIncludingAssessedTax        
Impact on Earnings from Derivative Instruments        
Cash Flow Hedge - Reclassified Amount from Accumulated Other Comprehensive Earnings (Loss) (68)   (110) 12
Commodity contracts | Location, Statement of Income, Balance [Axis]: us-gaap:Sales        
Impact on Earnings from Derivative Instruments        
Cash Flow Hedge - Reclassified Amount from Accumulated Other Comprehensive Earnings (Loss)   17    
Interest rate contracts        
Impact on Earnings from Derivative Instruments        
Cash Flow Hedge - Reclassified Amount from Accumulated Other Comprehensive Earnings (Loss)   $ 3 $ 1 $ 3
Derivative, Gain (Loss), Statement of Income or Comprehensive Income [Extensible Enumeration]   Interest Expense, Debt Interest Expense, Debt Interest Expense, Debt
Change in fair value of hedges:        
Gain (Loss) on Derivative 1 $ (2) $ 4 $ (6)
Currency contract        
Impact on Earnings from Derivative Instruments        
Cash Flow Hedge - Reclassified Amount from Accumulated Other Comprehensive Earnings (Loss)   (73)   (101)
Currency contract | Location, Statement of Income, Balance [Axis]: us-gaap:CostOfGoodsAndServiceExcludingDepreciationDepletionAndAmortization        
Impact on Earnings from Derivative Instruments        
Cash Flow Hedge - Reclassified Amount from Accumulated Other Comprehensive Earnings (Loss) 2   2  
Currency contract | Location, Statement of Income, Balance [Axis]: us-gaap:SellingGeneralAndAdministrativeExpense        
Impact on Earnings from Derivative Instruments        
Cash Flow Hedge - Reclassified Amount from Accumulated Other Comprehensive Earnings (Loss) 24   35  
Gain (Loss) on Derivatives not Designated as Hedge Instruments 5 (99) 14 (170)
Equity contracts | Location, Statement of Income, Balance [Axis]: us-gaap:SellingGeneralAndAdministrativeExpense        
Impact on Earnings from Derivative Instruments        
Gain (Loss) on Derivatives not Designated as Hedge Instruments 2 4 10 (1)
Currency exchange contracts        
Amounts reclassified into earnings:        
Currency exchange contracts (26) 73 (37) 101
Change in fair value of hedges:        
Gain (Loss) on Derivative 25 (69) 34 (97)
Net investment hedge        
Change in fair value of hedges:        
Gain (Loss) on Derivative (3) (84) 16 (106)
Currency and tax impacts        
Change in fair value of hedges:        
Gain (Loss) on Derivative $ (18) $ 9 $ (22) $ 8