XML 59 R49.htm IDEA: XBRL DOCUMENT v3.22.2.2
DERIVATIVE FINANCIAL INSTRUMENTS - Gain (Loss) on Derivative Financial Instruments (Details) - USD ($)
$ in Millions
3 Months Ended
Sep. 30, 2022
Sep. 30, 2021
Gain (loss) on derivative financial instruments    
Amount of Gain or (Loss) Recognized in OCI on Derivatives, Cash Flow Hedging $ 135 $ 51
Amounts reclassified to earnings during the year 15 (6)
Cash flow hedges    
Gain (loss) on derivative financial instruments    
Amount of Gain or (Loss) Recognized in OCI on Derivatives, Cash Flow Hedging 64 15
Amounts reclassified to earnings during the year 15 (6)
Net sales    
Gain (loss) on derivative financial instruments    
Total amounts of income and expense line items presented in the consolidated statements of earnings in which the effects of fair value and cash flow hedges are recorded 3,930 4,392
Interest expense    
Gain (loss) on derivative financial instruments    
Total amounts of income and expense line items presented in the consolidated statements of earnings in which the effects of fair value and cash flow hedges are recorded 46 42
Foreign currency forward contracts | Cash flow hedges    
Gain (loss) on derivative financial instruments    
Amount of Gain or (Loss) Recognized in OCI on Derivatives, Cash Flow Hedging 57 15
Foreign currency forward contracts | Net investment hedges    
Gain (loss) on derivative financial instruments    
Amount of Gain or (Loss) Recognized in OCI on Derivatives, Cash Flow Hedging 71 36
Amounts reclassified to earnings during the year 0 0
Foreign currency forward contracts | Net sales | Cash flow hedges    
Gain (loss) on derivative financial instruments    
Amounts reclassified to earnings during the year 15 (6)
Interest rate-related derivatives | Cash flow hedges    
Gain (loss) on derivative financial instruments    
Amount of Gain or (Loss) Recognized in OCI on Derivatives, Cash Flow Hedging 7 0
Interest rate-related derivatives | Interest expense | Cash flow hedges    
Gain (loss) on derivative financial instruments    
Amounts reclassified to earnings during the year 0 0
Interest rate-related derivatives | Interest expense | Derivatives in fair value hedging relationships    
Gain (loss) on derivative financial instruments    
Amount of gain (loss) reclassified from AOCI to earnings 39 10
Net investment hedges    
Gain (loss) on derivative financial instruments    
Gain recognized in earnings related to the amount excluded from effectiveness testing 6 2
Derivatives Designated as Hedging Instruments: | Interest rate-related derivatives | Interest expense | Derivatives in fair value hedging relationships    
Gain (loss) on derivative financial instruments    
Amount of gain (loss) reclassified from AOCI to earnings (39) (10)
Derivatives Not Designated as Hedging Instruments: | Foreign currency forward contracts | Selling, general and administrative    
Gain (loss) on derivative financial instruments    
Amount of gain (loss) reclassified from AOCI to earnings $ 11 $ (11)