XML 73 R53.htm IDEA: XBRL DOCUMENT v3.22.2.2
HEDGES AND DERIVATIVE FINANCIAL INSTRUMENTS - Schedule of Outstanding Derivative Contracts (Details) - USD ($)
$ in Millions
9 Months Ended 12 Months Ended
Sep. 30, 2022
Dec. 31, 2021
Derivatives, Fair Value [Line Items]    
Hedge Assets $ 191 $ 182
Hedge Liabilities 85 116
Derivative asset at fair value, current 180 170
Derivative asset at fair value, noncurrent 11 12
Total derivatives, hedge assets at fair value 191 182
Derivative liability at fair value, current 74 93
Derivative liability at fair value, noncurrent 11 23
Total derivatives, hedge liabilities at fair value 85 116
Derivatives accounted for as hedges    
Derivatives, Fair Value [Line Items]    
Hedge Assets 139 162
Hedge Liabilities 57 98
Derivatives accounted for as hedges | Commodity swaps/options    
Derivatives, Fair Value [Line Items]    
Notional Amount 230 297
Hedge Assets 14 40
Hedge Liabilities $ 39 $ 13
Maximum term of commodity swaps/options 26 months 21 months
Derivatives accounted for as hedges | Foreign exchange forwards/options    
Derivatives, Fair Value [Line Items]    
Notional Amount $ 2,045 $ 2,872
Hedge Assets 112 91
Hedge Liabilities $ 16 $ 64
Maximum term of foreign exchange forwards/options 113 months 122 months
Derivatives accounted for as hedges | Cross-currency swaps    
Derivatives, Fair Value [Line Items]    
Notional Amount $ 1,193 $ 1,275
Hedge Assets 13 31
Hedge Liabilities $ 2 $ 7
Maximum term of cross-currency swaps 77 months 86 months
Derivatives accounted for as hedges | Interest rate derivatives    
Derivatives, Fair Value [Line Items]    
Notional Amount $ 0 $ 300
Hedge Assets 0 0
Hedge Liabilities $ 0 $ 14
Maximum term of interest rate derivatives 0 months 41 months
Derivatives not accounted for as hedges    
Derivatives, Fair Value [Line Items]    
Hedge Assets $ 52 $ 20
Hedge Liabilities 28 18
Derivatives not accounted for as hedges | Commodity swaps/options    
Derivatives, Fair Value [Line Items]    
Notional Amount 1 2
Hedge Assets 0 0
Hedge Liabilities $ 0 $ 0
Maximum term of commodity swaps/options 5 months 14 months
Derivatives not accounted for as hedges | Foreign exchange forwards/options    
Derivatives, Fair Value [Line Items]    
Notional Amount $ 3,362 $ 2,240
Hedge Assets 52 20
Hedge Liabilities $ 28 $ 18
Maximum term of foreign exchange forwards/options 11 months 12 months