v3.22.2.2

DERIVATIVE INSTRUMENTS AND HEDGING ACTIVITIES - EFFECT OF DERIVATIVE INSTRUMENTS (Details) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2022	Sep. 30, 2021	Sep. 30, 2022	Sep. 30, 2021
Net investment hedges
Derivative Instruments, Gain (Loss)
Gains and losses on derivatives used as fair value hedges of foreign currency risk / net investment hedges included in other comprehensive income (loss) during the period	$ (4)	$ 52	$ (110)	$ (6)
Cost of goods sold
Derivative Instruments, Gain (Loss)
Gain (loss) recognized in income on derivative instruments	362	(49)	257	(1,342)
Interest expense
Derivative Instruments, Gain (Loss)
Gain (loss) recognized in income on derivative instruments			(11)	21
Foreign exchange gains (losses)
Derivative Instruments, Gain (Loss)
Gain (loss) recognized in income on derivative instruments	16	65	95	(19)
Foreign currency | Fair value hedges
Derivative Instruments, Gain (Loss)
Gains and losses on derivatives used as fair value hedges of foreign currency risk / net investment hedges included in other comprehensive income (loss) during the period	(2)	1	0	(1)
Foreign currency | Cash flow hedges
Derivative Instruments, Gain (Loss)
Gains and losses on derivative instruments used as cash flow hedges included in other comprehensive income (loss) during the period	38	(5)	72	(2)
Amounts released from accumulated other comprehensive income (loss) during the period - Cash flow hedge of foreign currency risk	(18)	(1)	(25)	(3)
Hedge accounting | Foreign currency | Net sales
Derivative Instruments, Gain (Loss)
Gain (loss) on hedge accounting	0	1	7	2
Hedge accounting | Foreign currency | Cost of goods sold
Derivative Instruments, Gain (Loss)
Gain (loss) on hedge accounting	3	0	3	0
Hedge accounting | Foreign currency | Selling, general & administrative
Derivative Instruments, Gain (Loss)
Gain (loss) on hedge accounting	(1)	0	(1)	0
Hedge accounting | Foreign currency | Foreign exchange gains (losses)
Derivative Instruments, Gain (Loss)
Gain (loss) on hedge accounting	2	(3)	(35)	(20)
Hedge accounting | Interest rate | Interest expense
Derivative Instruments, Gain (Loss)
Gain (loss) on hedge accounting	(8)	8	(12)	21
Economic hedges | Foreign currency | Cost of goods sold
Derivative Instruments, Gain (Loss)
Gain (loss) on economic hedges	59	(207)	482	(23)
Economic hedges | Foreign currency | Foreign exchange gains (losses)
Derivative Instruments, Gain (Loss)
Gain (loss) on economic hedges	14	68	130	1
Economic hedges | Commodities | Cost of goods sold
Derivative Instruments, Gain (Loss)
Gain (loss) on economic hedges	303	242	(318)	(1,494)
Economic hedges | Other | Cost of goods sold
Derivative Instruments, Gain (Loss)
Gain (loss) on economic hedges	(3)	(84)	90	175
Economic hedges | Interest rate | Interest expense
Derivative Instruments, Gain (Loss)
Gain (loss) on economic hedges			1	0
Economic hedges | Interest rate | Other income (expense)
Derivative Instruments, Gain (Loss)
Gain (loss) on economic hedges	$ 1	$ 0	$ 2	$ 1

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