XML 28 R52.htm IDEA: XBRL DOCUMENT v3.20.1
Derivative and Other Financial Instruments - Cash Flow Hedges (Details) - USD ($)
$ in Millions
3 Months Ended
Mar. 31, 2020
Mar. 31, 2019
Derivative Instruments, Gain (Loss) [Line Items]    
Net sales $ 2,757 $ 2,755
Cost of products sold 2,220 2,210
Income Tax Expense (Benefit) (38) (48)
Net income 114 131
Derivatives in cash flow hedges | Interest Rate Swap    
Derivative Instruments, Gain (Loss) [Line Items]    
Amount of gain/(loss) recognized in AOCI (effective portion) (1) 0
Designated as Hedging Instrument | Derivatives in cash flow hedges    
Derivative Instruments, Gain (Loss) [Line Items]    
Amount of gain/(loss) recognized in AOCI (effective portion) (39) 6
Designated as Hedging Instrument | Derivatives in cash flow hedges | Foreign exchange    
Derivative Instruments, Gain (Loss) [Line Items]    
Amount of gain/(loss) recognized in AOCI (effective portion) 1 (4)
Designated as Hedging Instrument | Derivatives in cash flow hedges | Commodities    
Derivative Instruments, Gain (Loss) [Line Items]    
Amount of gain/(loss) recognized in AOCI (effective portion) (39) 10
Reclassification out of Accumulated Other Comprehensive Income | Designated as Hedging Instrument | Derivatives in cash flow hedges    
Derivative Instruments, Gain (Loss) [Line Items]    
Amount of gain/(loss) reclassified from AOCI into earnings, before tax (9) (8)
Income Tax Expense (Benefit) 2 2
Net income (7) (6)
Reclassification out of Accumulated Other Comprehensive Income | Designated as Hedging Instrument | Derivatives in cash flow hedges | Foreign exchange    
Derivative Instruments, Gain (Loss) [Line Items]    
Net sales (1) (1)
Cost of products sold (1) 0
Reclassification out of Accumulated Other Comprehensive Income | Designated as Hedging Instrument | Derivatives in cash flow hedges | Commodities    
Derivative Instruments, Gain (Loss) [Line Items]    
Net sales 3 3
Cost of products sold $ (10) $ (10)