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FINANCIAL INSTRUMENTS - Schedule of Income Statement (Details) - USD ($) $ in Millions | 3 Months Ended | 6 Months Ended
--- | --- | ---
Jun. 30, 2024 | Jun. 30, 2023 | Jun. 30, 2024 | Jun. 30, 2023
Derivative Instruments, Gain (Loss) |  |  |  |
Net sales | $ 3,603 | $ 3,671 | $ 7,198 | $ 7,054
Cost of sales | 2,918 | 2,991 | 5,869 | 5,797
Selling, general and administrative expenses | 341 | 334 | 670 | 633
Other comprehensive loss | (55) | (74) | (110) | (22)
Gain (loss) recognized in other comprehensive income | (14) | 35 | 4 | 48
Foreign currency | Cash flow hedging | Gain (loss) reclassified from AOCI to income |  |  |  |
Derivative Instruments, Gain (Loss) |  |  |  |
Net sales | 0 | 0 | 0 | 0
Cost of sales | 12 | 0 | 22 | 0
Selling, general and administrative expenses | $ 0 | $ 11 | $ 0 | $ 10

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