v3.26.1
HEDGES AND DERIVATIVE FINANCIAL INSTRUMENTS - Schedule of Effects of Derivative Instruments on Consolidated Condensed Statements of Income (Details) - USD ($)
$ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2026
Jun. 30, 2025
Jun. 30, 2026
Jun. 30, 2025
Derivative Instruments, Gain (Loss) [Line Items]        
Gain (Loss) Recognized in OCI (Effective Portion) $ 8 $ (108) $ 53 $ (145)
Gain (Loss) Reclassified from OCI into Earnings (Effective Portion) 13 (56) 19 (38)
Foreign exchange forwards/options | Income Statement Location [Axis]: us-gaap:NonoperatingIncomeExpense        
Derivative Instruments, Gain (Loss) [Line Items]        
Gain (Loss) Recognized on Derivatives not Accounted for as Hedges 19 (25) 18 (36)
Cash flow hedges        
Derivative Instruments, Gain (Loss) [Line Items]        
Tax impact of cash flow hedges 2 14 (7) 30
Cash flow hedges | Commodity swaps/options        
Derivative Instruments, Gain (Loss) [Line Items]        
Gain (Loss) Recognized in OCI (Effective Portion) 9 (1) 50 4
Cash flow hedges | Commodity swaps/options | Income Statement Location [Axis]: us-gaap:CostOfGoodsAndServicesSold        
Derivative Instruments, Gain (Loss) [Line Items]        
Gain (Loss) Reclassified from OCI into Earnings (Effective Portion) 18 (2) 26 (1)
Cash flow hedges | Foreign exchange forwards/options        
Derivative Instruments, Gain (Loss) [Line Items]        
Gain (Loss) Recognized in OCI (Effective Portion) (1) (47) (12) (72)
Cash flow hedges | Foreign exchange forwards/options | Income Statement Location [Axis]: us-gaap:CostOfGoodsAndServicesSold        
Derivative Instruments, Gain (Loss) [Line Items]        
Gain (Loss) Reclassified from OCI into Earnings (Effective Portion) (18) 3 (34) 8
Cash flow hedges | Foreign exchange forwards/options | Income Statement Location [Axis]: us-gaap:NonoperatingIncomeExpense        
Derivative Instruments, Gain (Loss) [Line Items]        
Gain (Loss) Reclassified from OCI into Earnings (Effective Portion) 0 3 (3) 13
Cash flow hedges | Foreign exchange forwards/options | Income Statement Location [Axis]: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax        
Derivative Instruments, Gain (Loss) [Line Items]        
Gain (Loss) Reclassified from OCI into Earnings (Effective Portion) 4 (1) 7 (1)
Cash flow hedges | Cross-currency swaps        
Derivative Instruments, Gain (Loss) [Line Items]        
Gain (Loss) Recognized in OCI (Effective Portion) 0 (60) 15 (77)
Cash flow hedges | Cross-currency swaps | Income Statement Location [Axis]: us-gaap:NonoperatingIncomeExpense        
Derivative Instruments, Gain (Loss) [Line Items]        
Gain (Loss) Reclassified from OCI into Earnings (Effective Portion) $ 9 $ (59) 22 (87)
Cash flow hedges | Interest rate derivatives | Income Statement Location [Axis]: us-gaap:NonoperatingIncomeExpense        
Derivative Instruments, Gain (Loss) [Line Items]        
Gain (Loss) Reclassified from OCI into Earnings (Effective Portion)     $ 1 $ 30