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Financial Instruments - Fair Value of Derivative Instruments (Details) - USD ($)
$ in Millions
Dec. 31, 2020
Dec. 31, 2019
Derivatives, Fair Value [Line Items]    
Asset Derivatives $ 465 $ 599
Liability Derivatives 716 425
Derivatives designated as accounting hedges    
Derivatives, Fair Value [Line Items]    
Asset Derivatives 126 331
Liability Derivatives 469 255
Derivatives designated as accounting hedges | Interest rate contracts    
Derivatives, Fair Value [Line Items]    
Asset Derivatives 12 19
Liability Derivatives 340 190
Derivatives designated as accounting hedges | Net investment hedge contracts    
Derivatives, Fair Value [Line Items]    
Asset Derivatives [1] 114 312
Liability Derivatives [1] 129 65
Derivatives not designated as accounting hedges    
Derivatives, Fair Value [Line Items]    
Asset Derivatives 339 268
Liability Derivatives 247 170
Derivatives not designated as accounting hedges | Currency exchange contracts    
Derivatives, Fair Value [Line Items]    
Asset Derivatives 134 67
Liability Derivatives 119 50
Derivatives not designated as accounting hedges | Commodity contracts    
Derivatives, Fair Value [Line Items]    
Asset Derivatives 205 201
Liability Derivatives $ 128 $ 120
[1] Net investment hedge contracts consist of cross-currency interest rate swaps and forward contracts. We also designate some of our non-U.S. dollar denominated debt to hedge a portion of our net investments in our non-U.S. operations. This debt is not reflected in the table above, but is included in long-term debt discussed in Note 9, Debt and Borrowing Arrangements. Both net investment hedge derivative contracts and non-U.S. dollar denominated debt acting as net investment hedges are also disclosed in the Derivative Volume table and the Hedges of Net Investments in International Operations section appearing later in this footnote.