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DERIVATIVE INSTRUMENTS AND HEDGING TRANSACTIONS 3 (Details) - USD ($) | 3 Months Ended
--- | ---
Mar. 31, 2021 | Mar. 31, 2020
Derivative Instruments and Hedging Activities Disclosures [Line Items] |  |
Revenue | $ 8,454,000,000 | $ 8,463,000,000
Cost of products and services sold | 5,709,000,000 | 5,534,000,000
SG&A | 1,236,000,000 | 1,238,000,000
Other (income) expense | (442,000,000) | (317,000,000)
Interest and other financial charges | 90,000,000 | 73,000,000
Foreign currency exchange contracts [Member] | Revenue [Member] |  |
Derivative Instruments and Hedging Activities Disclosures [Line Items] |  |
Gain or (loss) on derivates not designated as hedging instruments | 0 | 0
Foreign currency exchange contracts [Member] | Cost of Products Sold [Member] |  |
Derivative Instruments and Hedging Activities Disclosures [Line Items] |  |
Gain or (loss) on derivates not designated as hedging instruments | 0 | 0
Foreign currency exchange contracts [Member] | SG&A [Member] |  |
Derivative Instruments and Hedging Activities Disclosures [Line Items] |  |
Gain or (loss) on derivates not designated as hedging instruments | 0 | 0
Foreign currency exchange contracts [Member] | Other (income) Expense [Member] |  |
Derivative Instruments and Hedging Activities Disclosures [Line Items] |  |
Gain or (loss) on derivates not designated as hedging instruments | 60,000,000 | 284,000,000
Foreign currency exchange contracts [Member] | Interest and Other Financial Charges [Member] |  |
Derivative Instruments and Hedging Activities Disclosures [Line Items] |  |
Gain or (loss) on derivates not designated as hedging instruments | 0 | 0
Designated as Hedging Instrument [Member] | Foreign currency exchange contracts [Member] |  |
Derivative Instruments and Hedging Activities Disclosures [Line Items] |  |
Gain or (loss) on net investment hedges recognized in Accumulated other comprehensive income (loss) | (2,000,000) | 84,000,000
Designated as Hedging Instrument [Member] | Gain or (loss) on cash flow hedges [Member] | Foreign currency exchange contracts [Member] | Revenue [Member] |  |
Derivative Instruments and Hedging Activities Disclosures [Line Items] |  |
Amount reclassified from accumulated other comprehensive income into income | 1,000,000 | 0
Amount excluded from effectiveness testing recognized in earnings using an amortization approach | 0 | 0
Designated as Hedging Instrument [Member] | Gain or (loss) on cash flow hedges [Member] | Foreign currency exchange contracts [Member] | Cost of Products Sold [Member] |  |
Derivative Instruments and Hedging Activities Disclosures [Line Items] |  |
Amount reclassified from accumulated other comprehensive income into income | 1,000,000 | 27,000,000
Amount excluded from effectiveness testing recognized in earnings using an amortization approach | 0 | 4,000,000
Designated as Hedging Instrument [Member] | Gain or (loss) on cash flow hedges [Member] | Foreign currency exchange contracts [Member] | SG&A [Member] |  |
Derivative Instruments and Hedging Activities Disclosures [Line Items] |  |
Amount reclassified from accumulated other comprehensive income into income | 2,000,000 | 0
Amount excluded from effectiveness testing recognized in earnings using an amortization approach | 0 | 0
Designated as Hedging Instrument [Member] | Gain or (loss) on cash flow hedges [Member] | Foreign currency exchange contracts [Member] | Other (income) Expense [Member] |  |
Derivative Instruments and Hedging Activities Disclosures [Line Items] |  |
Amount reclassified from accumulated other comprehensive income into income | 0 | 40,000,000
Amount excluded from effectiveness testing recognized in earnings using an amortization approach | 0 | 8,000,000
Designated as Hedging Instrument [Member] | Gain or (loss) on cash flow hedges [Member] | Foreign currency exchange contracts [Member] | Interest and Other Financial Charges [Member] |  |
Derivative Instruments and Hedging Activities Disclosures [Line Items] |  |
Amount reclassified from accumulated other comprehensive income into income | 0 | 0
Amount excluded from effectiveness testing recognized in earnings using an amortization approach | 0 | 0
Designated as Hedging Instrument [Member] | Gain or (loss) on fair value hedges | Interest Rate Swap [Member] | Revenue [Member] |  |
Derivative Instruments and Hedging Activities Disclosures [Line Items] |  |
Hedged items | 0 | 0
Derivatives designated as hedges | 0 | 0
Designated as Hedging Instrument [Member] | Gain or (loss) on fair value hedges | Interest Rate Swap [Member] | Cost of Products Sold [Member] |  |
Derivative Instruments and Hedging Activities Disclosures [Line Items] |  |
Hedged items | 0 | 0
Derivatives designated as hedges | 0 | 0
Designated as Hedging Instrument [Member] | Gain or (loss) on fair value hedges | Interest Rate Swap [Member] | SG&A [Member] |  |
Derivative Instruments and Hedging Activities Disclosures [Line Items] |  |
Hedged items | 0 | 0
Derivatives designated as hedges | 0 | 0
Designated as Hedging Instrument [Member] | Gain or (loss) on fair value hedges | Interest Rate Swap [Member] | Other (income) Expense [Member] |  |
Derivative Instruments and Hedging Activities Disclosures [Line Items] |  |
Hedged items | 0 | 0
Derivatives designated as hedges | 0 | 0
Designated as Hedging Instrument [Member] | Gain or (loss) on fair value hedges | Interest Rate Swap [Member] | Interest and Other Financial Charges [Member] |  |
Derivative Instruments and Hedging Activities Disclosures [Line Items] |  |
Hedged items | 94,000,000 | (205,000,000)
Derivatives designated as hedges | (94,000,000) | 205,000,000
Designated as Hedging Instrument [Member] | Net Investment Hedging [Member] | Foreign currency exchange contracts [Member] | Revenue [Member] |  |
Derivative Instruments and Hedging Activities Disclosures [Line Items] |  |
Amount excluded from effectiveness testing recognized in earnings using an amortization approach | 0 | 0
Designated as Hedging Instrument [Member] | Net Investment Hedging [Member] | Foreign currency exchange contracts [Member] | Cost of Products Sold [Member] |  |
Derivative Instruments and Hedging Activities Disclosures [Line Items] |  |
Amount excluded from effectiveness testing recognized in earnings using an amortization approach | 0 | 0
Designated as Hedging Instrument [Member] | Net Investment Hedging [Member] | Foreign currency exchange contracts [Member] | SG&A [Member] |  |
Derivative Instruments and Hedging Activities Disclosures [Line Items] |  |
Amount excluded from effectiveness testing recognized in earnings using an amortization approach | 0 | 0
Designated as Hedging Instrument [Member] | Net Investment Hedging [Member] | Foreign currency exchange contracts [Member] | Other (income) Expense [Member] |  |
Derivative Instruments and Hedging Activities Disclosures [Line Items] |  |
Amount excluded from effectiveness testing recognized in earnings using an amortization approach | 0 | 0
Designated as Hedging Instrument [Member] | Net Investment Hedging [Member] | Foreign currency exchange contracts [Member] | Interest and Other Financial Charges [Member] |  |
Derivative Instruments and Hedging Activities Disclosures [Line Items] |  |
Amount excluded from effectiveness testing recognized in earnings using an amortization approach | 4,000,000 | 5,000,000
Designated as Hedging Instrument [Member] | Euro denominated long-term debt [Member] |  |
Derivative Instruments and Hedging Activities Disclosures [Line Items] |  |
Gain or (loss) on net investment hedges recognized in Accumulated other comprehensive income (loss) | 150,000,000 | 124,000,000
Designated as Hedging Instrument [Member] | Net Investment Euro Denominated Commercial Paper [Member] |  |
Derivative Instruments and Hedging Activities Disclosures [Line Items] |  |
Gain or (loss) on net investment hedges recognized in Accumulated other comprehensive income (loss) | 30,000,000 | 70,000,000
Designated as Hedging Instrument [Member] | Net Investment Cross Currency Swap [Member] |  |
Derivative Instruments and Hedging Activities Disclosures [Line Items] |  |
Gain or (loss) on net investment hedges recognized in Accumulated other comprehensive income (loss) | 44,000,000 | (26,000,000)
Products [Member] |  |
Derivative Instruments and Hedging Activities Disclosures [Line Items] |  |
Revenue | 6,409,000,000 | 6,305,000,000
Cost of products and services sold | $ 4,551,000,000 | $ 4,374,000,000

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