v3.23.1

DERIVATIVE INSTRUMENTS AND HEDGING ACTIVITIES - EFFECT OF DERIVATIVE INSTRUMENTS (Details) - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2023	Mar. 31, 2022
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	$ (21)	$ (149)
Cost of goods sold
Derivative Instruments, Gain (Loss)
Gain (loss) recognized in income on derivative instruments	472	(682)
Interest expense
Derivative Instruments, Gain (Loss)
Gain (loss) recognized in income on derivative instruments	(31)	(6)
Foreign exchange (losses) gains
Derivative Instruments, Gain (Loss)
Gain (loss) recognized in income on derivative instruments	31	47
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	0	0
Foreign currency | Cash flow hedges
Derivative Instruments, Gain (Loss)
Gains and losses on derivatives used as cash flow hedges of foreign currency risk included in other comprehensive income (loss) during the period	(5)	32
Cash flow hedge of foreign currency risk	(1)	(2)
Hedge accounting | Foreign currency | Net sales
Derivative Instruments, Gain (Loss)
Gain (loss) on hedge accounting	1	2
Hedge accounting | Foreign currency | Cost of goods sold
Derivative Instruments, Gain (Loss)
Gain (loss) on hedge accounting	1	0
Hedge accounting | Foreign currency | Selling, general & administrative
Derivative Instruments, Gain (Loss)
Gain (loss) on hedge accounting	0	0
Hedge accounting | Foreign currency | Foreign exchange (losses) gains
Derivative Instruments, Gain (Loss)
Gain (loss) on hedge accounting	(2)	(12)
Hedge accounting | Interest rate | Interest expense
Derivative Instruments, Gain (Loss)
Gain (loss) on hedge accounting	(33)	(6)
Economic hedges | Foreign currency | Cost of goods sold
Derivative Instruments, Gain (Loss)
Gain (loss) on economic hedges	84	493
Economic hedges | Foreign currency | Foreign exchange (losses) gains
Derivative Instruments, Gain (Loss)
Gain (loss) on economic hedges	33	59
Economic hedges | Commodities | Cost of goods sold
Derivative Instruments, Gain (Loss)
Gain (loss) on economic hedges	396	(1,255)
Economic hedges | Other | Cost of goods sold
Derivative Instruments, Gain (Loss)
Gain (loss) on economic hedges	(9)	80
Economic hedges | Interest rate | Interest expense
Derivative Instruments, Gain (Loss)
Gain (loss) on economic hedges	2	0
Economic hedges | Interest rate | Other income (expense)
Derivative Instruments, Gain (Loss)
Gain (loss) on economic hedges	$ 1	$ 0

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