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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
Mar. 31, 2025
Mar. 31, 2024
Derivative Instruments, Gain (Loss) [Line Items]    
Gain (Loss) Recognized in OCI (Effective Portion) $ (37) $ 33
Gain (Loss) Reclassified from OCI into Earnings (Effective Portion) 17 2
Foreign exchange forwards/options    
Derivative Instruments, Gain (Loss) [Line Items]    
Gain (Loss) Recognized on Derivatives not Accounted for as Hedges (11) (3)
Cash flow hedges    
Derivative Instruments, Gain (Loss) [Line Items]    
Tax impact of cash flow hedges 16 (9)
Cash flow hedges | Commodity swaps/options    
Derivative Instruments, Gain (Loss) [Line Items]    
Gain (Loss) Recognized in OCI (Effective Portion) 5 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) 1 (2)
Cash flow hedges | Foreign exchange forwards/options    
Derivative Instruments, Gain (Loss) [Line Items]    
Gain (Loss) Recognized in OCI (Effective Portion) (25) 15
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) 5 (13)
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
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) 9 0
Cash flow hedges | Cross-currency swaps    
Derivative Instruments, Gain (Loss) [Line Items]    
Gain (Loss) Recognized in OCI (Effective Portion) (17) 13
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) (28) 16
Cash flow hedges | Interest rate derivatives | Interest and sundry (income) expense    
Derivative Instruments, Gain (Loss) [Line Items]    
Gain (Loss) Reclassified from OCI into Earnings (Effective Portion) $ 30 $ 0