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HEDGES AND DERIVATIVE FINANCIAL INSTRUMENTS - Schedule of Effects of Derivative Instruments on Consolidated Condensed Statements of Income (Details) - USD ($)
$ in Millions
3 Months Ended 9 Months Ended
Sep. 30, 2022
Sep. 30, 2021
Sep. 30, 2022
Sep. 30, 2021
Derivative Instruments, Gain (Loss) [Line Items]        
Gain (Loss) Recognized in OCI (Effective Portion) $ 24 $ 119 $ 238 $ 241
Gain (Loss) Reclassified from OCI into Earnings (Effective Portion) 5 61 235 178
Foreign exchange        
Derivative Instruments, Gain (Loss) [Line Items]        
Gain (Loss) Recognized on Derivatives not Accounted for as Hedges     1 70
Foreign exchange | Interest and sundry (income) expense        
Derivative Instruments, Gain (Loss) [Line Items]        
Gain (Loss) Recognized on Derivatives not Accounted for as Hedges 6 38    
Cash flow hedges        
Derivative Instruments, Gain (Loss) [Line Items]        
Tax impact of cash flow hedges 8 (14) 9 (20)
Cash flow hedges | Commodity swaps/options        
Derivative Instruments, Gain (Loss) [Line Items]        
Gain (Loss) Recognized in OCI (Effective Portion) (20) 9 (18) 63
Cash flow hedges | Commodity swaps/options | Cost of products sold        
Derivative Instruments, Gain (Loss) [Line Items]        
Gain (Loss) Reclassified from OCI into Earnings (Effective Portion) 5 21 39 50
Cash flow hedges | Foreign exchange        
Derivative Instruments, Gain (Loss) [Line Items]        
Gain (Loss) Recognized in OCI (Effective Portion) 109 62 189 69
Cash flow hedges | Foreign exchange | Cost of products sold        
Derivative Instruments, Gain (Loss) [Line Items]        
Gain (Loss) Reclassified from OCI into Earnings (Effective Portion) (3) (9) (19) (3)
Cash flow hedges | Foreign exchange | Net sales        
Derivative Instruments, Gain (Loss) [Line Items]        
Gain (Loss) Reclassified from OCI into Earnings (Effective Portion) (1) (2) 0 0
Cash flow hedges | Foreign exchange | Interest and sundry (income) expense        
Derivative Instruments, Gain (Loss) [Line Items]        
Gain (Loss) Reclassified from OCI into Earnings (Effective Portion) 66 14 162 43
Cash flow hedges | Cross-currency swaps        
Derivative Instruments, Gain (Loss) [Line Items]        
Gain (Loss) Recognized in OCI (Effective Portion) (61) 40 37 84
Cash flow hedges | Cross-currency swaps | Interest and sundry (income) expense        
Derivative Instruments, Gain (Loss) [Line Items]        
Gain (Loss) Reclassified from OCI into Earnings (Effective Portion) (62) 37 53 88
Cash flow hedges | Interest rate derivatives        
Derivative Instruments, Gain (Loss) [Line Items]        
Gain (Loss) Recognized in OCI (Effective Portion) 4 1 56 21
Cash flow hedges | Interest rate derivatives | Interest expense        
Derivative Instruments, Gain (Loss) [Line Items]        
Gain (Loss) Reclassified from OCI into Earnings (Effective Portion) 0 0    
Net Investment hedges        
Derivative Instruments, Gain (Loss) [Line Items]        
Tax impact of net investment hedges 2 (2) 6 (1)
Net Investment hedges | Foreign exchange        
Derivative Instruments, Gain (Loss) [Line Items]        
Gain (Loss) Recognized in OCI (Effective Portion) $ (8) $ 7 $ (26) $ 4