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Financial Instruments - Economic Hedges (Details) $ in Millions | 3 Months Ended | 6 Months Ended |  |
--- | --- | --- | --- | ---
Jun. 30, 2024 USD ($) | Jun. 30, 2023 USD ($) | Jun. 30, 2024 USD ($) | Jun. 30, 2023 USD ($) | Dec. 31, 2021 EUR (€) | Sep. 20, 2021 EUR (€)
Derivative Instruments, Gain (Loss) [Line Items] |  |  |  |  |  |  |
Exchangeable bonds issued |  |  | $ 0 |  | $ 0 |  |
0.000% Notes Due September 2024 | Exchangeable Notes |  |  |  |  |  |  |
Derivative Instruments, Gain (Loss) [Line Items] |  |  |  |  |  |  |
Exchangeable bonds issued | € |  |  |  |  |  | € 300,000,000 | € 300,000,000
Derivatives Not Designated as Hedging Instruments |  |  |  |  |  |  |
Derivative Instruments, Gain (Loss) [Line Items] |  |  |  |  |  |  |
Pre-tax gains/(losses) recognized in earnings |  | $ (253) | 166 | $ 1,019 | 190 |  |
Derivatives Not Designated as Hedging Instruments | Currency exchange contracts | Intercompany loans and forecasted interest payments |  |  |  |  |  |  |
Derivative Instruments, Gain (Loss) [Line Items] |  |  |  |  |  |  |
Pre-tax gains/(losses) recognized in earnings |  | 12 | 25 | 68 | 47 |  |
Derivatives Not Designated as Hedging Instruments | Currency exchange contracts | Forecasted transactions | Cost of sales |  |  |  |  |  |  |
Derivative Instruments, Gain (Loss) [Line Items] |  |  |  |  |  |  |
Pre-tax gains/(losses) recognized in earnings |  | (2) | 27 | 23 | 29 |  |
Derivatives Not Designated as Hedging Instruments | Currency exchange contracts | Forecasted transactions | Interest and other expense, net |  |  |  |  |  |  |
Derivative Instruments, Gain (Loss) [Line Items] |  |  |  |  |  |  |
Pre-tax gains/(losses) recognized in earnings |  | (2) | 8 | (2) | 13 |  |
Derivatives Not Designated as Hedging Instruments | Currency exchange contracts | Forecasted transactions | Selling, general and administrative expenses |  |  |  |  |  |  |
Derivative Instruments, Gain (Loss) [Line Items] |  |  |  |  |  |  |
Pre-tax gains/(losses) recognized in earnings |  | (6) | (1) | 1 | (6) |  |
Derivatives Not Designated as Hedging Instruments | Commodity contracts |  |  |  |  |  |  |
Derivative Instruments, Gain (Loss) [Line Items] |  |  |  |  |  |  |
Pre-tax gains/(losses) recognized in earnings |  | (255) | 106 | 929 | 104 |  |
Derivatives Not Designated as Hedging Instruments | Equity method investment contracts |  |  |  |  |  |  |
Derivative Instruments, Gain (Loss) [Line Items] |  |  |  |  |  |  |
Pre-tax gains/(losses) recognized in earnings | [1] | $ 0 | $ 1 | $ 0 | $ 3 |  |
[1] | Equity method investment contracts consist of the bifurcated embedded derivative option that was a component of the September 20, 2021 €300 million exchangeable bonds issuance and terminates on September 20, 2024. Refer to Note 6, Investments.

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