XML 95 R81.htm IDEA: XBRL DOCUMENT v3.24.2
Fair Value Measurements - Recurring Basis (Details) - USD ($)
$ in Millions
Jun. 30, 2024
Dec. 31, 2023
Assets and Liabilities Measured on Recurring Basis    
Available-for-sale marketable securities $ 289 $ 70
Derivative assets, fair value 86 84
Fair value on a recurring basis    
Assets and Liabilities Measured on Recurring Basis    
Solventum common stock 1,817 0
Fair value on a recurring basis | Foreign currency forward/option contracts    
Assets and Liabilities Measured on Recurring Basis    
Derivative assets, fair value 86 84
Derivative liability, fair value 11 39
Fair value on a recurring basis | Interest rate contracts    
Assets and Liabilities Measured on Recurring Basis    
Derivative liability, fair value 96 88
Fair value on a recurring basis | Asset backed securities    
Assets and Liabilities Measured on Recurring Basis    
Available-for-sale marketable securities 8 0
Fair value on a recurring basis | Foreign corporate debt    
Assets and Liabilities Measured on Recurring Basis    
Available-for-sale marketable securities 6 0
Fair value on a recurring basis | U.S. government securities    
Assets and Liabilities Measured on Recurring Basis    
Available-for-sale marketable securities 27 0
Fair value on a recurring basis | Corporate debt securities    
Assets and Liabilities Measured on Recurring Basis    
Available-for-sale marketable securities 80 0
Fair value on a recurring basis | Commercial paper    
Assets and Liabilities Measured on Recurring Basis    
Available-for-sale marketable securities 40 0
Fair value on a recurring basis | Certificates of deposit/time deposits    
Assets and Liabilities Measured on Recurring Basis    
Available-for-sale marketable securities 91 46
Fair value on a recurring basis | U.S. treasury securities    
Assets and Liabilities Measured on Recurring Basis    
Available-for-sale marketable securities 13 0
Fair value on a recurring basis | U.S. municipal securities    
Assets and Liabilities Measured on Recurring Basis    
Available-for-sale marketable securities 24 24
Fair value on a recurring basis | Level 1    
Assets and Liabilities Measured on Recurring Basis    
Solventum common stock 1,817 0
Fair value on a recurring basis | Level 1 | Foreign currency forward/option contracts    
Assets and Liabilities Measured on Recurring Basis    
Derivative assets, fair value 0 0
Derivative liability, fair value 0 0
Fair value on a recurring basis | Level 1 | Interest rate contracts    
Assets and Liabilities Measured on Recurring Basis    
Derivative liability, fair value 0 0
Fair value on a recurring basis | Level 1 | Asset backed securities    
Assets and Liabilities Measured on Recurring Basis    
Available-for-sale marketable securities 0 0
Fair value on a recurring basis | Level 1 | Foreign corporate debt    
Assets and Liabilities Measured on Recurring Basis    
Available-for-sale marketable securities 0 0
Fair value on a recurring basis | Level 1 | U.S. government securities    
Assets and Liabilities Measured on Recurring Basis    
Available-for-sale marketable securities 27 0
Fair value on a recurring basis | Level 1 | Corporate debt securities    
Assets and Liabilities Measured on Recurring Basis    
Available-for-sale marketable securities 0 0
Fair value on a recurring basis | Level 1 | Commercial paper    
Assets and Liabilities Measured on Recurring Basis    
Available-for-sale marketable securities 0 0
Fair value on a recurring basis | Level 1 | Certificates of deposit/time deposits    
Assets and Liabilities Measured on Recurring Basis    
Available-for-sale marketable securities 0 0
Fair value on a recurring basis | Level 1 | U.S. treasury securities    
Assets and Liabilities Measured on Recurring Basis    
Available-for-sale marketable securities 13 0
Fair value on a recurring basis | Level 1 | U.S. municipal securities    
Assets and Liabilities Measured on Recurring Basis    
Available-for-sale marketable securities 0 0
Fair value on a recurring basis | Level 2    
Assets and Liabilities Measured on Recurring Basis    
Solventum common stock 0 0
Fair value on a recurring basis | Level 2 | Foreign currency forward/option contracts    
Assets and Liabilities Measured on Recurring Basis    
Derivative assets, fair value 86 84
Derivative liability, fair value 11 39
Fair value on a recurring basis | Level 2 | Interest rate contracts    
Assets and Liabilities Measured on Recurring Basis    
Derivative liability, fair value 96 88
Fair value on a recurring basis | Level 2 | Asset backed securities    
Assets and Liabilities Measured on Recurring Basis    
Available-for-sale marketable securities 8 0
Fair value on a recurring basis | Level 2 | Foreign corporate debt    
Assets and Liabilities Measured on Recurring Basis    
Available-for-sale marketable securities 6 0
Fair value on a recurring basis | Level 2 | U.S. government securities    
Assets and Liabilities Measured on Recurring Basis    
Available-for-sale marketable securities 0 0
Fair value on a recurring basis | Level 2 | Corporate debt securities    
Assets and Liabilities Measured on Recurring Basis    
Available-for-sale marketable securities 80 0
Fair value on a recurring basis | Level 2 | Commercial paper    
Assets and Liabilities Measured on Recurring Basis    
Available-for-sale marketable securities 40 0
Fair value on a recurring basis | Level 2 | Certificates of deposit/time deposits    
Assets and Liabilities Measured on Recurring Basis    
Available-for-sale marketable securities 91 46
Fair value on a recurring basis | Level 2 | U.S. treasury securities    
Assets and Liabilities Measured on Recurring Basis    
Available-for-sale marketable securities 0 0
Fair value on a recurring basis | Level 2 | U.S. municipal securities    
Assets and Liabilities Measured on Recurring Basis    
Available-for-sale marketable securities 0 0
Fair value on a recurring basis | Level 3    
Assets and Liabilities Measured on Recurring Basis    
Solventum common stock 0 0
Fair value on a recurring basis | Level 3 | Foreign currency forward/option contracts    
Assets and Liabilities Measured on Recurring Basis    
Derivative assets, fair value 0 0
Derivative liability, fair value 0 0
Fair value on a recurring basis | Level 3 | Interest rate contracts    
Assets and Liabilities Measured on Recurring Basis    
Derivative liability, fair value 0 0
Fair value on a recurring basis | Level 3 | Asset backed securities    
Assets and Liabilities Measured on Recurring Basis    
Available-for-sale marketable securities 0 0
Fair value on a recurring basis | Level 3 | Foreign corporate debt    
Assets and Liabilities Measured on Recurring Basis    
Available-for-sale marketable securities 0 0
Fair value on a recurring basis | Level 3 | U.S. government securities    
Assets and Liabilities Measured on Recurring Basis    
Available-for-sale marketable securities 0 0
Fair value on a recurring basis | Level 3 | Corporate debt securities    
Assets and Liabilities Measured on Recurring Basis    
Available-for-sale marketable securities 0 0
Fair value on a recurring basis | Level 3 | Commercial paper    
Assets and Liabilities Measured on Recurring Basis    
Available-for-sale marketable securities 0 0
Fair value on a recurring basis | Level 3 | Certificates of deposit/time deposits    
Assets and Liabilities Measured on Recurring Basis    
Available-for-sale marketable securities 0 0
Fair value on a recurring basis | Level 3 | U.S. treasury securities    
Assets and Liabilities Measured on Recurring Basis    
Available-for-sale marketable securities 0 0
Fair value on a recurring basis | Level 3 | U.S. municipal securities    
Assets and Liabilities Measured on Recurring Basis    
Available-for-sale marketable securities $ 24 $ 24