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Derivative Instruments and Hedging Activities (Tables) | 9 Months Ended
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Sep. 30, 2016
Derivative Instruments and Hedging Activities Disclosure [Abstract] |
Schedule of Derivatives Instruments Statements of Financial Performance and Financial Position, Location [Table Text Block] | The following table sets forth the fair value of derivatives not designated as hedging instruments as of September 30, 2016 and December 31, 2015.
| September 30, 2016 |  | December 31, 2015
| Assets |  | Liabilities |  | Assets |  | Liabilities
| (In millions)
FX Contracts | $ | 55 |  |  | $ | 99 |  |  | $ | 93 |  |  | $ | 186 |
Commodity Contracts | 699 |  |  | 675 |  |  | 646 |  |  | 419 |
Total | $ | 754 |  |  | $ | 774 |  |  | $ | 739 |  |  | $ | 605 |
The following tables set forth the pre-tax gains (losses) on derivatives not designated as hedging instruments that have been included in the consolidated statements of earnings for the three and nine months ended September 30, 2016 and 2015.
| Three months ended September 30,
| 2016 |  | 2015
| (In millions)
FX Contracts |  |  |  |  |
Revenues | $ | (19 | ) |  | $ | 18 |
Cost of products sold | 1 |  |  | (200 | )
Other income (expense) – net | (3 | ) |  | 59 |
Commodity Contracts |  |  |  |  |
Cost of products sold | 369 |  |  | 586 |
Total gain (loss) recognized in earnings | $ | 348 |  |  | $ | 463 |
| Nine months ended September 30,
| 2016 |  | 2015
| (In millions)
FX Contracts |  |  |  |  |
Revenues | $ | (32 | ) |  | $ | 26 |
Cost of products sold | 263 |  |  | (263 | )
Other income (expense) – net | (108 | ) |  | 67 |
Commodity Contracts |  |  |  |  |
Cost of products sold | (266 | ) |  | 573 |
Total gain (loss) recognized in earnings | $ | (143 | ) |  | $ | 403 |
The following table sets forth the fair value of derivatives designated as hedging instruments as of September 30, 2016 and December 31, 2015.
| September 30, 2016 |  | December 31, 2015
| Assets |  | Liabilities |  | Assets |  | Liabilities
| (In millions)
Interest Contracts | $ | 28 |  |  | $ | — |  |  | $ | 19 |  |  | $ | — |
Total | $ | 28 |  |  | $ | — |  |  | $ | 19 |  |  | $ | — |
The following tables set forth the pre-tax gains (losses) on derivatives designated as hedging instruments that have been included in the consolidated statements of earnings for the three and nine months ended September 30, 2016 and 2015.
|  |  | Three months ended
| Consolidated Statement of Earnings Locations |  | September 30,
|  | 2016 |  | 2015
|  |  | (In millions)
Effective amounts recognized in earnings |  |  |  |  |
FX Contracts | Other income/expense – net |  | $ | (3 | ) |  | $ | 6 |
Interest Contracts | Interest expense |  | (2 | ) |  | — |
Commodity Contracts | Cost of products sold |  | (37 | ) |  | 2 |
| Revenues |  | (9 | ) |  | 4 |
Ineffective amount recognized in earnings |  |  |  |  |
Commodity Contracts | Revenues |  | (1 | ) |  | (1 | )
| Cost of products sold |  | 1 |  |  | 1 |
Total amount recognized in earnings |  |  | $ | (51 | ) |  | $ | 12 |
|  |  | Nine months ended
| Consolidated Statement of Earnings Locations |  | September 30,
|  | 2016 |  | 2015
|  |  | (In millions)
Effective amounts recognized in earnings |  |  |  |  |
FX Contracts | Other income/expense – net |  | $ | (25 | ) |  | $ | 28 |
Interest Contracts | Interest expense |  | (2 | ) |  | — |
Commodity Contracts | Cost of products sold |  | (61 | ) |  | (16 | )
| Revenues |  | (14 | ) |  | 49 |
Ineffective amount recognized in earnings |  |  |  |  |
Commodity Contracts | Revenues |  | — |  |  | 6 |
| Cost of products sold |  | 5 |  |  | (3 | )
Interest Contracts | Other income/expense – net |  | — |  |  | 1 |
Total amount recognized in earnings |  |  | $ | (97 | ) |  | $ | 65 |

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- Definition Tabular disclosure of derivative instruments (including nonderivative instruments that are designated and qualify as hedging instruments) of (a) the location and amount of gains and losses reported in the statement of financial performance and (b) the location and fair value amounts of the instruments reported in the statement of financial position. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 815 -SubTopic 10 -Section 50 -Paragraph 4A -URI http://asc.fasb.org/extlink&oid=56946850&loc=SL5618551-113959 + Details
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