v3.26.3
HEDGES AND DERIVATIVE FINANCIAL INSTRUMENTS - Schedule of Effects of Derivative Instruments on Consolidated Condensed Statements of Income (Details) - USD ($)
$ in Millions
3 Months Ended 9 Months Ended
Sep. 30, 2026
Sep. 30, 2025
Sep. 30, 2026
Sep. 30, 2025
Derivative Instruments, Gain (Loss) [Line Items]        
Gain (Loss) Recognized in OCI (Effective Portion) $ 32 $ 12 $ 85 $ (133)
Gain (Loss) Reclassified from OCI into Earnings (Effective Portion) 18 1 35 (37)
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 (2) (2) 17 (38)
Cash flow hedges        
Derivative Instruments, Gain (Loss) [Line Items]        
Tax impact of cash flow hedges (4) (1) (11) 30
Cash flow hedges | Commodity swaps/options        
Derivative Instruments, Gain (Loss) [Line Items]        
Gain (Loss) Recognized in OCI (Effective Portion) 30 8 80 12
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) 19 2 45 0
Cash flow hedges | Foreign exchange forwards/options        
Derivative Instruments, Gain (Loss) [Line Items]        
Gain (Loss) Recognized in OCI (Effective Portion) (5) (3) (17) (75)
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) (14) (5) (48) 3
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) 4 0 1 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) 2 0 8 0
Cash flow hedges | Cross-currency swaps        
Derivative Instruments, Gain (Loss) [Line Items]        
Gain (Loss) Recognized in OCI (Effective Portion) 7 7 22 (70)
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) $ 7 $ 4 28 (83)
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