v3.23.3
DERIVATIVE FINANCIAL INSTRUMENTS AND HEDGING ACTIVITIES - Impact of Derivative on Consolidated Statement of Income (Details) - USD ($)
$ in Millions
 3 Months Ended 9 Months Ended
Sep. 30, 2023
Sep. 30, 2022
Sep. 30, 2023
Sep. 30, 2022
Derivative [Line Items]        
Net Sales $ 5,880 $ 5,313 $ 17,229 $ 15,368
Cost of products sold 3,684 3,545 11,030 10,319
Interest expense - net 33 37 124 100
Cash flow hedging | Net Sales | Forward starting floating-to-fixed interest rate swaps        
Derivative [Line Items]        
Gain (loss) on hedged item 0 0 0 0
Gain (loss) on hedging instrument 0 0 0 0
Cash flow hedging | Net Sales | Currency exchange contracts        
Derivative [Line Items]        
Gain (loss) on hedged item (3) 5 (2) 10
Gain (loss) on hedging instrument 3 (5) 2 (10)
Cash flow hedging | Net Sales | Commodity contracts        
Derivative [Line Items]        
Gain (loss) on hedged item   0 0  
Gain (loss) on hedging instrument   0 0  
Cash flow hedging | Cost of products sold | Forward starting floating-to-fixed interest rate swaps        
Derivative [Line Items]        
Gain (loss) on hedged item 0 0 0 0
Gain (loss) on hedging instrument 0 0 0 0
Cash flow hedging | Cost of products sold | Currency exchange contracts        
Derivative [Line Items]        
Gain (loss) on hedged item (16) (6) (46) (12)
Gain (loss) on hedging instrument 16 6 46 12
Cash flow hedging | Cost of products sold | Commodity contracts        
Derivative [Line Items]        
Gain (loss) on hedged item   3 (1)  
Gain (loss) on hedging instrument   (3) 1  
Cash flow hedging | Interest expense - net | Forward starting floating-to-fixed interest rate swaps        
Derivative [Line Items]        
Gain (loss) on hedged item (3) (1) (9) (1)
Gain (loss) on hedging instrument 3 1 9 1
Cash flow hedging | Interest expense - net | Currency exchange contracts        
Derivative [Line Items]        
Gain (loss) on hedged item 0 0 0 0
Gain (loss) on hedging instrument $ 0 0 0 0
Cash flow hedging | Interest expense - net | Commodity contracts        
Derivative [Line Items]        
Gain (loss) on hedged item   0 0  
Gain (loss) on hedging instrument   $ 0 $ 0  
Fair value hedging | Net Sales | Interest Rate Swap        
Derivative [Line Items]        
Gain (loss) on hedged item       0
Gain (loss) on hedging instrument       0
Fair value hedging | Cost of products sold | Interest Rate Swap        
Derivative [Line Items]        
Gain (loss) on hedged item       0
Gain (loss) on hedging instrument       0
Fair value hedging | Interest expense - net | Interest Rate Swap        
Derivative [Line Items]        
Gain (loss) on hedged item       8
Gain (loss) on hedging instrument       $ (8)