v3.24.1.u1
DERIVATIVE FINANCIAL INSTRUMENTS AND HEDGING ACTIVITIES - Amounts Recognized in Other Comprehensive Income and Accumulated Other Comprehensive Loss (Details) - USD ($)
$ in Millions
3 Months Ended
Mar. 31, 2024
Mar. 31, 2023
Gain (loss) recognized in other comprehensive income (loss)    
Total $ 92 $ (39)
Gain (loss) reclassified from Accumulated other comprehensive loss    
Total 15 15
Gain (loss) on sale of business | Net Investment Hedging    
Gain (loss) recognized in other comprehensive income (loss)    
Non-derivative designated as net investment hedges 72 (63)
Gain (loss) reclassified from Accumulated other comprehensive loss    
Non-derivative designated as net investment hedges 0 0
Forward starting floating-to-fixed interest rate swaps | Interest expense - net | Cash flow hedging    
Gain (loss) recognized in other comprehensive income (loss)    
Derivatives designated as cash flow hedges 2 0
Gain (loss) reclassified from Accumulated other comprehensive loss    
Derivatives designated as cash flow hedges 3 3
Currency exchange contracts | Interest expense - net | Net Investment Hedging | Derivatives designated as hedges    
Gain (loss) recognized in other comprehensive income (loss)    
Amount excluded from effectiveness testing 3 5
Gain (loss) reclassified from Accumulated other comprehensive loss    
Amount excluded from effectiveness testing 4 1
Currency exchange contracts | Net sales and Cost of products sold | Cash flow hedging    
Gain (loss) recognized in other comprehensive income (loss)    
Derivatives designated as cash flow hedges 3 31
Gain (loss) reclassified from Accumulated other comprehensive loss    
Derivatives designated as cash flow hedges 8 11
Currency exchange contracts | Gain (loss) on sale of business | Net Investment Hedging | Derivatives designated as hedges    
Gain (loss) recognized in other comprehensive income (loss)    
Effective portion 11 (14)
Gain (loss) reclassified from Accumulated other comprehensive loss    
Effective portion 0 0
Commodity contracts | Cost of products sold | Cash flow hedging    
Gain (loss) recognized in other comprehensive income (loss)    
Derivatives designated as cash flow hedges 1 2
Gain (loss) reclassified from Accumulated other comprehensive loss    
Derivatives designated as cash flow hedges $ (1) $ 0