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HEDGING TRANSACTIONS AND DERIVATIVE FINANCIAL INSTRUMENTS - Cash Flow Hedges Included in OCI, AOCI and Earnings (Details) - USD ($) $ in Millions | 12 Months Ended
--- | ---
Dec. 31, 2024 | Dec. 31, 2023 | Dec. 31, 2022
Fair Value, Derivatives Designated and Not Designated as Hedges |  |  |
Gains (losses) arising during the year | $ 405 | $ (194) | $ 165
Derivatives reclassification adjustments recognized in net income | 50 | 10 | 161
Cash Flow Hedges |  |  |
Fair Value, Derivatives Designated and Not Designated as Hedges |  |  |
Gains (losses) arising during the year | 428 | (89) | 127
Derivatives reclassification adjustments recognized in net income | 50 | 10 | 161
Net operating revenues |  |  |
Fair Value, Derivatives Designated and Not Designated as Hedges |  |  |
Derivatives reclassification adjustments recognized in net income | 84 |  |
Net operating revenues | Foreign currency contracts | Cash Flow Hedges |  |  |
Fair Value, Derivatives Designated and Not Designated as Hedges |  |  |
Gains (losses) arising during the year | 457 | (128) | 205
Derivatives reclassification adjustments recognized in net income | 84 | (3) | 218
Cost of goods sold |  |  |
Fair Value, Derivatives Designated and Not Designated as Hedges |  |  |
Derivatives reclassification adjustments recognized in net income | 17 |  |
Cost of goods sold | Foreign currency contracts | Cash Flow Hedges |  |  |
Fair Value, Derivatives Designated and Not Designated as Hedges |  |  |
Gains (losses) arising during the year | 37 | 19 | 17
Derivatives reclassification adjustments recognized in net income | 16 | 14 | 28
Cost of goods sold | Commodity contracts | Cash Flow Hedges |  |  |
Fair Value, Derivatives Designated and Not Designated as Hedges |  |  |
Gains (losses) arising during the year | 6 | (15) | (4)
Derivatives reclassification adjustments recognized in net income | 1 | (14) | (2)
Interest expense |  |  |
Fair Value, Derivatives Designated and Not Designated as Hedges |  |  |
Derivatives reclassification adjustments recognized in net income | (6) |  |
Interest expense | Foreign currency contracts | Cash Flow Hedges |  |  |
Fair Value, Derivatives Designated and Not Designated as Hedges |  |  |
Gains (losses) arising during the year | 0 | 0 | 0
Derivatives reclassification adjustments recognized in net income | (4) | (4) | (4)
Interest expense | Interest rate contracts | Cash Flow Hedges |  |  |
Fair Value, Derivatives Designated and Not Designated as Hedges |  |  |
Gains (losses) arising during the year | (54) |  |
Derivatives reclassification adjustments recognized in net income | (2) |  |
Other income (loss) - net |  |  |
Fair Value, Derivatives Designated and Not Designated as Hedges |  |  |
Derivatives reclassification adjustments recognized in net income | (45) |  |
Other income (loss) - net | Foreign currency contracts | Cash Flow Hedges |  |  |
Fair Value, Derivatives Designated and Not Designated as Hedges |  |  |
Gains (losses) arising during the year | (18) | 35 | (91)
Derivatives reclassification adjustments recognized in net income | $ (45) | $ 17 | $ (79)

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