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Financial Instruments - Net Investment Hedge Derivative Contracts (Details) - Net Investment Hedging - Net investment hedge contracts - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2024
Dec. 31, 2023
Dec. 31, 2022
Derivative [Line Items]      
After-tax gain/(loss) on NIH contracts [1] $ 301 $ (185) $ 396
Amounts excluded from the assessment of hedge effectiveness [2] $ 186 $ 148 $ 116
[1] Amounts recorded for unsettled and settled NIH derivative contracts are recorded in the cumulative translation adjustment within other comprehensive earnings. The cash flows from the settled contracts are reported within proceeds from derivative settlements and payments for derivative settlements in the consolidated statement of cash flows.
[2] We elected to record changes in the fair value of amounts excluded from the assessment of effectiveness in net earnings within interest and other expense, net.