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DERIVATIVE INSTRUMENTS AND HEDGING ACTIVITIES - Summary of Gains and Losses on Hedging Instruments (Details) - USD ($) $ in Millions | 3 Months Ended
--- | ---
Mar. 31, 2024 | Mar. 31, 2023
Derivative Instruments, Gain (Loss) [Line Items] |  |
Other comprehensive income (loss), cash flow hedge and net investment hedge, gain (loss), before reclassification, tax | $ 46 | $ (48)
Other comprehensive income (loss), reclassification adjustment from AOCI, cash flow hedges and net investment hedges, net of tax | (2) | 3
Total | (40) | (3)
Fair value hedges |  |
Derivative Instruments, Gain (Loss) [Line Items] |  |
Foreign exchange contracts | (2) | 0
Fair value hedges | Other income, net |  |
Derivative Instruments, Gain (Loss) [Line Items] |  |
Other comprehensive income (loss), derivative, excluded component, increase (decrease), adjustments, before tax | (3) | 0
Earnings, fair value hedge, gain (loss), reclassification, before tax | (23) | 0
Net Investment Hedging |  |
Derivative Instruments, Gain (Loss) [Line Items] |  |
Other comprehensive income (loss), net investment hedge, gain (loss), before reclassification and tax | 38 | (48)
Net Investment Hedging | Other income, net |  |
Derivative Instruments, Gain (Loss) [Line Items] |  |
Net investment hedges | 0 | 0
Interest rate contracts | Cash Flow Hedging |  |
Derivative Instruments, Gain (Loss) [Line Items] |  |
Other comprehensive income (loss), cash flow hedge, gain (loss), before reclassification, tax | 0 | 0
Interest rate contracts | Cash Flow Hedging | Interest expense, net |  |
Derivative Instruments, Gain (Loss) [Line Items] |  |
Other comprehensive income (loss), cash flow hedge, gain (loss), reclassification, before tax | (1) | (1)
Foreign exchange contracts | Other income, net |  |
Derivative Instruments, Gain (Loss) [Line Items] |  |
Gain (loss) recognized in income, undesignated derivative instruments | (17) | (3)
Foreign exchange contracts | Cash Flow Hedging |  |
Derivative Instruments, Gain (Loss) [Line Items] |  |
Other comprehensive income (loss), cash flow hedge, gain (loss), before reclassification, tax | 10 | 0
Foreign exchange contracts | Cash Flow Hedging | Cost of sales |  |
Derivative Instruments, Gain (Loss) [Line Items] |  |
Other comprehensive income (loss), cash flow hedge, gain (loss), reclassification, before tax | $ 2 | $ 4

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