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DERIVATIVE FINANCIAL INSTRUMENTS AND HEDGING ACTIVITIES - Impact of Derivative on Consolidated Statement of Income (Details) - USD ($) $ in Millions | 12 Months Ended
--- | ---
Dec. 31, 2022 | Dec. 31, 2021 | Dec. 31, 2020
Derivative [Line Items] |  |  |
Net sales | $ 20,752 | $ 19,628 | $ 17,858
Cost of products sold | 13,865 | 13,293 | 12,408
Interest expense - net | 144 | 144 | 149
Cash flow hedging | Net sales | Forward starting floating-to-fixed interest rate swaps |  |  |
Derivative [Line Items] |  |  |
Gain (loss) on hedged item | 0 |  |
Gain (loss) on hedging instrument | 0 |  |
Cash flow hedging | Net sales | Currency exchange contracts |  |  |
Derivative [Line Items] |  |  |
Gain (loss) on hedged item | 17 | 6 | 13
Gain (loss) on hedging instrument | (17) | (6) | (13)
Cash flow hedging | Net sales | Commodity contracts |  |  |
Derivative [Line Items] |  |  |
Gain (loss) on hedged item | 0 | 0 | 0
Gain (loss) on hedging instrument | 0 | 0 | 0
Cash flow hedging | Cost of products sold | Forward starting floating-to-fixed interest rate swaps |  |  |
Derivative [Line Items] |  |  |
Gain (loss) on hedged item | 0 |  |
Gain (loss) on hedging instrument | 0 |  |
Cash flow hedging | Cost of products sold | Currency exchange contracts |  |  |
Derivative [Line Items] |  |  |
Gain (loss) on hedged item | (26) | 0 | 5
Gain (loss) on hedging instrument | 26 | 0 | (5)
Cash flow hedging | Cost of products sold | Commodity contracts |  |  |
Derivative [Line Items] |  |  |
Gain (loss) on hedged item | 4 | (9) | (1)
Gain (loss) on hedging instrument | (4) | 9 | 1
Cash flow hedging | Interest expense - net | Forward starting floating-to-fixed interest rate swaps |  |  |
Derivative [Line Items] |  |  |
Gain (loss) on hedged item | (4) |  |
Gain (loss) on hedging instrument | 4 |  |
Cash flow hedging | Interest expense - net | Currency exchange contracts |  |  |
Derivative [Line Items] |  |  |
Gain (loss) on hedged item | 0 | 0 | 0
Gain (loss) on hedging instrument | 0 | 0 | 0
Cash flow hedging | Interest expense - net | Commodity contracts |  |  |
Derivative [Line Items] |  |  |
Gain (loss) on hedged item | 0 | 0 | 0
Gain (loss) on hedging instrument | 0 | 0 | 0
Fair value hedging | Net sales | Fixed-to-floating interest rate swaps |  |  |
Derivative [Line Items] |  |  |
Gain (loss) on hedged item | 0 | 0 | 0
Gain (loss) on hedging instrument | 0 | 0 | 0
Fair value hedging | Cost of products sold | Fixed-to-floating interest rate swaps |  |  |
Derivative [Line Items] |  |  |
Gain (loss) on hedged item | 0 | 0 | 0
Gain (loss) on hedging instrument | 0 | 0 | 0
Fair value hedging | Interest expense - net | Fixed-to-floating interest rate swaps |  |  |
Derivative [Line Items] |  |  |
Gain (loss) on hedged item | 8 | 51 | (45)
Gain (loss) on hedging instrument | $ (8) | $ (51) | $ 45

X
- Definition Amount of gain (loss) from the increase (decrease) in fair value of derivative and nonderivative instruments designated as fair value hedging instruments recognized in the income statement. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 815 -SubTopic 25 -Section 50 -Paragraph 1 -Subparagraph (a)(1) -URI https://asc.fasb.org/extlink&oid=121577467&loc=d3e76258-113986 + Details
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