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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, 2024
Sep. 30, 2023
Sep. 30, 2024
Sep. 30, 2023
Derivative Instruments, Gain (Loss) [Line Items]        
Gain (Loss) Recognized in OCI (Effective Portion) $ (37) $ 74 $ 47 $ (31)
Gain (Loss) Reclassified from OCI into Earnings (Effective Portion) (18) 22 (7) 8
Foreign exchange forwards/options        
Derivative Instruments, Gain (Loss) [Line Items]        
Gain (Loss) Recognized on Derivatives not Accounted for as Hedges     8 15
Foreign exchange forwards/options | Interest and sundry (income) expense        
Derivative Instruments, Gain (Loss) [Line Items]        
Gain (Loss) Recognized on Derivatives not Accounted for as Hedges 0 (11)    
Cash flow hedges        
Derivative Instruments, Gain (Loss) [Line Items]        
Tax impact of cash flow hedges 6 (13) (17) 9
Cash flow hedges | Commodity swaps/options        
Derivative Instruments, Gain (Loss) [Line Items]        
Gain (Loss) Recognized in OCI (Effective Portion) (4) 17 14 (5)
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) 0 (5) 0 (10)
Cash flow hedges | Foreign exchange forwards/options        
Derivative Instruments, Gain (Loss) [Line Items]        
Gain (Loss) Recognized in OCI (Effective Portion) (10) 25 34 (38)
Cash flow hedges | Foreign exchange forwards/options | Cost of products sold        
Derivative Instruments, Gain (Loss) [Line Items]        
Gain (Loss) Reclassified from OCI into Earnings (Effective Portion) 4 (15) (12) (30)
Cash flow hedges | Foreign exchange forwards/options | Net sales        
Derivative Instruments, Gain (Loss) [Line Items]        
Gain (Loss) Reclassified from OCI into Earnings (Effective Portion) 0 (1) 2 (2)
Cash flow hedges | Foreign exchange forwards/options | Interest and sundry (income) expense        
Derivative Instruments, Gain (Loss) [Line Items]        
Gain (Loss) Reclassified from OCI into Earnings (Effective Portion) 3 2 6 21
Cash flow hedges | Cross-currency swaps        
Derivative Instruments, Gain (Loss) [Line Items]        
Gain (Loss) Recognized in OCI (Effective Portion) (23) 32 (1) 12
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) $ (25) $ 41 (3) 29
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