XML 80 R69.htm IDEA: XBRL DOCUMENT
v3.24.3

FINANCIAL INSTRUMENTS AND FAIR VALUE MEASUREMENTS - Derivative Instruments, Gain (Loss) (Details) - USD ($) $ in Millions | 3 Months Ended | 9 Months Ended
--- | --- | ---
Sep. 30, 2024 | Sep. 30, 2023 | Sep. 30, 2024 | Sep. 30, 2023
Foreign currency exchange contracts | Cost of products sold |  |  |  |
Derivative Instruments, Gain (Loss) [Line Items] |  |  |  |
Gain (loss) on derivative, net | $ (3) | $ (51) | $ (77) | $ (261)
Foreign currency exchange contracts | Other (income)/expense, net |  |  |  |
Derivative Instruments, Gain (Loss) [Line Items] |  |  |  |
Gain (loss) on derivative, net | 7 | (40) | (46) | (100)
Cross-currency swap contracts | Cost of products sold |  |  |  |
Derivative Instruments, Gain (Loss) [Line Items] |  |  |  |
Gain (loss) on derivative, net | 0 | 0 | 0 | 0
Cross-currency swap contracts | Other (income)/expense, net |  |  |  |
Derivative Instruments, Gain (Loss) [Line Items] |  |  |  |
Gain (loss) on derivative, net | (55) | 26 | (19) | (2)
Interest rate swap contracts | Cost of products sold |  |  |  |
Derivative Instruments, Gain (Loss) [Line Items] |  |  |  |
Gain (loss) on derivative, net | 0 | 0 | 0 | 0
Interest rate swap contracts | Other (income)/expense, net |  |  |  |
Derivative Instruments, Gain (Loss) [Line Items] |  |  |  |
Gain (loss) on derivative, net | 4 | $ 0 | 11 | $ (7)
Forward interest rate contracts | Cost of products sold |  |  |  |
Derivative Instruments, Gain (Loss) [Line Items] |  |  |  |
Gain (loss) on derivative, net | 0 |  | 0 |
Forward interest rate contracts | Other (income)/expense, net |  |  |  |
Derivative Instruments, Gain (Loss) [Line Items] |  |  |  |
Gain (loss) on derivative, net | $ (1) |  | $ (3) |

X
- Definition Amount of increase (decrease) in the fair value of derivatives recognized in the income statement. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 815 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 4A -Subparagraph (b)(1) -Publisher FASB -URI https://asc.fasb.org/1943274/2147480434/815-10-50-4A + Details
Name: | us-gaap_DerivativeGainLossOnDerivativeNet
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | duration

X
- Definition Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Topic 815 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 4E -Publisher FASB -URI https://asc.fasb.org/1943274/2147480434/815-10-50-4E + Details
Name: | us-gaap_DerivativeInstrumentsGainLossLineItems
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Details
Name: | us-gaap_DerivativeInstrumentRiskAxis=us-gaap_ForeignExchangeForwardMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_IncomeStatementLocationAxis=us-gaap_CostOfSalesMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_IncomeStatementLocationAxis=us-gaap_OtherIncomeMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_DerivativeInstrumentRiskAxis=us-gaap_CrossCurrencyInterestRateContractMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_DerivativeInstrumentRiskAxis=us-gaap_InterestRateSwapMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_DerivativeInstrumentRiskAxis=us-gaap_InterestRateContractMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |