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BORROWINGS Part 1 (Details) Schedule of Long-term Debt Instruments
€ in Millions, $ in Millions

3 Months Ended

Mar. 31, 2018

USD ($)

Mar. 31, 2017

USD ($)

Jan. 31, 2018

USD ($)

Jan. 31, 2018

EUR (€)

Dec. 31, 2017

USD ($)

Debt Instrument [Line Items]

Change in cumulative translation adjustment, before tax

$ 27

$ 7

Total Borrowings

6,900

$ 6,540

Borrowings due within one year

589

393

5.5% notes due November 2019 [Member]

Debt Instrument [Line Items]

Long-term Debt

$ 250

250

Debt Instrument, Interest Rate, Stated Percentage

5.50%

Debt Instrument, Maturity Date

Nov. 30, 2019

2.7% notes due January 2020 [Member]

Debt Instrument [Line Items]

Long-term Debt

$ 798

797

Debt Instrument, Interest Rate, Stated Percentage

2.70%

Debt Instrument, Maturity Date

Jan. 31, 2020

4.5% notes due January 2021 [Member]

Debt Instrument [Line Items]

Long-term Debt

^[1]

$ 192

185

Debt Instrument, Interest Rate, Stated Percentage

4.50%

Debt Instrument, Maturity Date

Jan. 31, 2021

3.6% notes due August 2022 [Member]

Debt Instrument [Line Items]

Long-term Debt

^[1]

$ 753

738

Debt Instrument, Interest Rate, Stated Percentage

3.60%

Debt Instrument, Maturity Date

Aug. 31, 2022

1.5% notes due May 2023 [Member]

Debt Instrument [Line Items]

Long-term Debt

^[2]

$ 920

895

Debt Instrument, Interest Rate, Stated Percentage

1.50%

Debt Instrument, Maturity Date

May 31, 2023

7 1/4% debentures due January 2024 [Member]

Debt Instrument [Line Items]

Long-term Debt

$ 197

197

Debt Instrument, Interest Rate, Stated Percentage

7.25%

Debt Instrument, Maturity Date

Jan. 31, 2024

7 5/8% debentures due June 2024 [Member]

Debt Instrument [Line Items]

Long-term Debt

$ 43

43

Debt Instrument, Interest Rate, Stated Percentage

7.625%

Debt Instrument, Maturity Date

Jun. 30, 2024

3.8% notes due March 2025 [Member]

Debt Instrument [Line Items]

Long-term Debt

$ 689

690

Debt Instrument, Interest Rate, Stated Percentage

3.80%

Debt Instrument, Maturity Date

Mar. 31, 2025

1.875% notes due 2026 [Member]

Debt Instrument [Line Items]

Long-term Debt

^[2]

$ 609

592

Debt Instrument, Interest Rate, Stated Percentage

1.875%

Debt Instrument, Maturity Date

Nov. 30, 2026

7.60% debentures due February 2027 [Member]

Debt Instrument [Line Items]

Long-term Debt

$ 195

195

Debt Instrument, Interest Rate, Stated Percentage

7.60%

Debt Instrument, Maturity Date

Feb. 28, 2027

4.8% notes due September 2042 [Member]

Debt Instrument [Line Items]

Long-term Debt

$ 493

493

Debt Instrument, Interest Rate, Stated Percentage

4.80%

Debt Instrument, Maturity Date

Sep. 30, 2042

4.65% notes due October 2044 [Member]

Debt Instrument [Line Items]

Long-term Debt

$ 871

871

Debt Instrument, Interest Rate, Stated Percentage

4.65%

Debt Instrument, Maturity Date

Oct. 31, 2044

Commercial paper and short-term borrowings [Member]

Debt Instrument [Line Items]

Borrowings due within one year

$ 588

389

Credit Facility

Debt Instrument [Line Items]

Long-term Debt

300

200

Capital Lease Obligations [Member]

Debt Instrument [Line Items]

Long-term Debt

2

$ 5

Cross Currency Interest Rate Contract [Member] | Net Investment Hedging [Member]

Debt Instrument [Line Items]

Change in cumulative translation adjustment, before tax

(11)

0

Foreign Exchange [Member] | Net Investment Hedging [Member]

Debt Instrument [Line Items]

Change in cumulative translation adjustment, before tax

$ (42)

$ (18)

Euro Member Countries, Euro | Designated as Hedging Instrument [Member] | Cross Currency Interest Rate Contract [Member] | Net Investment Hedging [Member] | Notes Due January 2021 [Member]

Debt Instrument [Line Items]

Debt Instrument, Face Amount

$ 180

€ 150

Euro Member Countries, Euro | Designated as Hedging Instrument [Member] | Cross Currency Interest Rate Contract [Member] | Net Investment Hedging [Member] | Notes Due August 2022 [Member] [Member]

Debt Instrument [Line Items]

Debt Instrument, Face Amount

$ 320

€ 266

[1]

In January 2018, the Company entered into fixed-to-fixed cross-currency swaps with $180 million maturing 2021 and $320 million maturing 2022 and designated these swaps to hedge a portion of its net investment in a euro functional currency denominated subsidiary against foreign currency fluctuations. The hedged portion of the carrying value of the U.S. denominated 4.5% notes due January 2021 and 3.6% notes due August 2022 will fluctuate with changes in the euro exchange rate. During the three months ended March 31, 2018, pre-tax losses of $11 million were recognized in "Other comprehensive income (loss)" ("OCI") for revaluation of the hedged portion of these notes.

[2]

The carrying value of the euro-denominated 1.50% notes due May 2023 and 1.875% notes due November 2026 will fluctuate with changes in the euro exchange rate. The carrying value of these euro-denominated borrowings have been designated as non-derivative net investment hedges of a portion of the Company's net investments in euro functional-currency denominated subsidiaries to offset foreign currency fluctuations. During the three months ended March 31, 2018, pre-tax losses of $42 million were recognized in OCI for revaluation of these notes.

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