XML 136 R123.htm IDEA: XBRL DOCUMENT v3.20.4
FINANCIAL INSTRUMENTS AND DERIVATIVES - DERIVATIVE INSTRUMENTS - GAIN (LOSS) RECORDED IN AOCI IN THE CONSOLIDATED BALANCE SHEETS (Details) - USD ($)
$ in Millions
12 Months Ended
Apr. 07, 2020
Dec. 31, 2020
Dec. 31, 2019
Dec. 31, 2018
Derivative Instruments, Gain (Loss) [Line Items]        
Effective Portion Reclassified from AOCI into Income (Expense) $ 48      
Designated as Hedging Instrument | Cross currency basis swaps        
Derivative Instruments, Gain (Loss) [Line Items]        
Gain (Loss) in AOCI   $ (3)    
Designated as Hedging Instrument | Cash Flow Hedges        
Derivative Instruments, Gain (Loss) [Line Items]        
Gain (Loss) in AOCI   (18) $ (17) $ 5
Effective Portion Reclassified from AOCI into Income (Expense)   (2) (1) (11)
Ineffective Portion Recognized in Income (Expense)   4 2 1
Derivative, Gain (Loss) on Derivative, Net   0 0 0
Designated as Hedging Instrument | Cash Flow Hedges | Interest rate swaps | Interest expense        
Derivative Instruments, Gain (Loss) [Line Items]        
Gain (Loss) in AOCI   (16) (11) 0
Effective Portion Reclassified from AOCI into Income (Expense)   (4) (2) (2)
Ineffective Portion Recognized in Income (Expense)   0   0
Derivative, Gain (Loss) on Derivative, Net   0 0 0
Designated as Hedging Instrument | Cash Flow Hedges | Interest rate swaps | Other expense (income), net        
Derivative Instruments, Gain (Loss) [Line Items]        
Effective Portion Reclassified from AOCI into Income (Expense)       0
Ineffective Portion Recognized in Income (Expense)       1
Derivative, Gain (Loss) on Derivative, Net       0
Designated as Hedging Instrument | Cash Flow Hedges | Foreign exchange forward contracts | Cost of products sold        
Derivative Instruments, Gain (Loss) [Line Items]        
Gain (Loss) in AOCI   (2) (6) 5
Effective Portion Reclassified from AOCI into Income (Expense)   2 1 (9)
Ineffective Portion Recognized in Income (Expense)   4 2 0
Derivative, Gain (Loss) on Derivative, Net   0 0 0
Designated as Hedging Instrument | Hedges of Net Investments        
Derivative Instruments, Gain (Loss) [Line Items]        
Gain (Loss) in AOCI   (20) 18 36
Effective Portion Reclassified from AOCI into Income (Expense)   0 0 (3)
Ineffective Portion Recognized in Income (Expense)   6 22 16
Derivative, Gain (Loss) on Derivative, Net   9 8 7
Designated as Hedging Instrument | Hedges of Net Investments | Cross currency basis swaps | Interest expense        
Derivative Instruments, Gain (Loss) [Line Items]        
Gain (Loss) in AOCI   (26) 9 15
Effective Portion Reclassified from AOCI into Income (Expense)   0 0 0
Ineffective Portion Recognized in Income (Expense)   0 0 0
Derivative, Gain (Loss) on Derivative, Net   9 8 7
Designated as Hedging Instrument | Hedges of Net Investments | Cross currency basis swaps | Other expense (income), net        
Derivative Instruments, Gain (Loss) [Line Items]        
Effective Portion Reclassified from AOCI into Income (Expense)       (3)
Ineffective Portion Recognized in Income (Expense)       0
Derivative, Gain (Loss) on Derivative, Net       0
Designated as Hedging Instrument | Hedges of Net Investments | Foreign exchange forward contracts | Other expense (income), net        
Derivative Instruments, Gain (Loss) [Line Items]        
Gain (Loss) in AOCI   6 9 21
Effective Portion Reclassified from AOCI into Income (Expense)   0 0 0
Ineffective Portion Recognized in Income (Expense)   6 22 16
Derivative, Gain (Loss) on Derivative, Net   0 0 0
Designated as Hedging Instrument | Fair Value Hedges        
Derivative Instruments, Gain (Loss) [Line Items]        
Gain (Loss) in AOCI   (3) 3  
Effective Portion Reclassified from AOCI into Income (Expense)   0 0  
Ineffective Portion Recognized in Income (Expense)   3 3  
Derivative, Gain (Loss) on Derivative, Net   0 0  
Designated as Hedging Instrument | Fair Value Hedges | Foreign exchange forward contracts | Interest expense        
Derivative Instruments, Gain (Loss) [Line Items]        
Gain (Loss) in AOCI   (3) 3  
Effective Portion Reclassified from AOCI into Income (Expense)   0 0  
Ineffective Portion Recognized in Income (Expense)   3 3  
Derivative, Gain (Loss) on Derivative, Net   0 0  
Not Designated as Hedging Instrument        
Derivative Instruments, Gain (Loss) [Line Items]        
Derivative, Gain (Loss) on Derivative, Net   7 (3) (6)
Not Designated as Hedging Instrument | Foreign exchange forward contracts | Other expense (income), net        
Derivative Instruments, Gain (Loss) [Line Items]        
Derivative, Gain (Loss) on Derivative, Net   $ 7 $ (3) $ (6)