XML 65 R52.htm IDEA: XBRL DOCUMENT v3.24.2.u1
Fair Value of Financial Instruments - Assets and Liabilities Measured and Recorded at Fair Value (Details) - USD ($)
$ in Millions
Jun. 30, 2024
Dec. 31, 2023
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Investments in securities (classified within other current and non-current assets) $ 25 $ 21
Measured using net asset value practical expedient:    
Total assets 6,176 6,182
Derivative liabilities:    
Derivative contracts 4,099 5,507
Interest rate contracts    
Derivative assets:    
Derivative contracts 26 12
Derivative liabilities:    
Derivative contracts 4 8
Foreign exchange    
Derivative assets:    
Derivative contracts 9 5
Derivative liabilities:    
Derivative contracts   9
Commodity contracts    
Derivative assets:    
Derivative contracts 6,110 6,138
Derivative liabilities:    
Derivative contracts 3,944 5,356
Consumer Financing Program    
Derivative liabilities:    
Derivative contracts 151 134
Level 1    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Investments in securities (classified within other current and non-current assets) 0 0
Measured using net asset value practical expedient:    
Total assets 764 1,334
Derivative liabilities:    
Derivative contracts 729 1,413
Level 1 | Equity Securities    
Measured using net asset value practical expedient:    
Equity securities
Level 1 | Interest rate contracts    
Derivative assets:    
Derivative contracts 0 0
Derivative liabilities:    
Derivative contracts 0 0
Level 1 | Foreign exchange    
Derivative assets:    
Derivative contracts 0 0
Derivative liabilities:    
Derivative contracts   0
Level 1 | Commodity contracts    
Derivative assets:    
Derivative contracts 764 1,334
Derivative liabilities:    
Derivative contracts 729 1,413
Level 1 | Consumer Financing Program    
Derivative liabilities:    
Derivative contracts 0 0
Level 2    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Investments in securities (classified within other current and non-current assets) 25 21
Measured using net asset value practical expedient:    
Total assets 5,111 4,508
Derivative liabilities:    
Derivative contracts 3,045 3,745
Level 2 | Equity Securities    
Measured using net asset value practical expedient:    
Equity securities
Level 2 | Interest rate contracts    
Derivative assets:    
Derivative contracts 26 12
Derivative liabilities:    
Derivative contracts 4 8
Level 2 | Foreign exchange    
Derivative assets:    
Derivative contracts 9 5
Derivative liabilities:    
Derivative contracts   9
Level 2 | Commodity contracts    
Derivative assets:    
Derivative contracts 5,051 4,470
Derivative liabilities:    
Derivative contracts 3,041 3,728
Level 2 | Consumer Financing Program    
Derivative liabilities:    
Derivative contracts 0 0
Level 3    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Investments in securities (classified within other current and non-current assets) 0 0
Derivative assets:    
Derivative contracts 295 334
Measured using net asset value practical expedient:    
Total assets 295 334
Derivative liabilities:    
Derivative contracts 325 349
Level 3 | Equity Securities    
Measured using net asset value practical expedient:    
Equity securities
Level 3 | Interest rate contracts    
Derivative assets:    
Derivative contracts 0 0
Derivative liabilities:    
Derivative contracts 0 0
Level 3 | Foreign exchange    
Derivative assets:    
Derivative contracts 0 0
Derivative liabilities:    
Derivative contracts   0
Level 3 | Commodity contracts    
Derivative assets:    
Derivative contracts 295 334
Derivative liabilities:    
Derivative contracts 174 215
Level 3 | Consumer Financing Program    
Derivative liabilities:    
Derivative contracts 151 134
Net Asset Value | Equity Securities    
Measured using net asset value practical expedient:    
Equity securities $ 6 $ 6