v3.24.3
Income Effect of Derivative Financial Instruments (Details) - USD ($)
$ in Millions
3 Months Ended 9 Months Ended
Sep. 30, 2024
Sep. 30, 2023
Sep. 30, 2024
Sep. 30, 2023
Dec. 31, 2023
Derivative [Line Items]          
Gain/(Loss) Recognized in Income $ 107 $ (259) $ (126) $ (460)  
Held collateral 35   $ 35   $ 40
Derivative Instrument, Gain (Loss) Reclassified from AOCI into Income, Effective Portion, Statement of Income or Comprehensive Income [Extensible Enumeration]     Cost of sales    
Designated as Hedging Instrument [Member] | Cash Flow Hedging [Member] | Foreign currency exchange contracts [Member]          
Derivative [Line Items]          
Gain/(Loss) Reclassified from AOCI to Income 16 21 $ 80 111  
Gains/(losses) on derivative instruments (388) 372 (51) (19)  
Designated as Hedging Instrument [Member] | Cash Flow Hedging [Member] | Commodity Contract [Member]          
Derivative [Line Items]          
Gain/(Loss) Reclassified from AOCI to Income (11) (18) (40) (42)  
Gains/(losses) on derivative instruments 11 58 33 (42)  
Designated as Hedging Instrument [Member] | Fair Value Hedging [Member] | Cross-currency interest rate swap contracts [Member]          
Derivative [Line Items]          
Net interest settlements and accruals on hedging instruments (33) (23) (97) (56)  
Fair value changes on hedging instruments 266 (46) 155 (48)  
Fair value changes on hedged debt (261) 44 (159) 47  
Designated as Hedging Instrument [Member] | Fair Value Hedging [Member] | Interest rate contracts [Member]          
Derivative [Line Items]          
Net interest settlements and accruals on hedging instruments (92) (137) (294) (407)  
Fair value changes on hedging instruments 585 (219) 316 (285)  
Fair value changes on hedged debt (553) 210 (316) 223  
Not Designated as Hedging Instrument [Member] | Foreign currency exchange contracts [Member]          
Derivative [Line Items]          
Gain/(Loss) Recognized in Income 133 22 328 44  
Not Designated as Hedging Instrument [Member] | Foreign currency exchange contracts [Member] | Nonoperating Income (Expense) [Member]          
Derivative [Line Items]          
Gain/(Loss) Recognized in Income (5) 59 132 30  
Not Designated as Hedging Instrument [Member] | Foreign currency exchange contracts [Member] | Cost of Sales          
Derivative [Line Items]          
Gain/(Loss) Recognized in Income 138 (37) 196 14  
Not Designated as Hedging Instrument [Member] | Commodity Contract [Member]          
Derivative [Line Items]          
Gain/(Loss) Recognized in Income 0 (4) (11) (60)  
Not Designated as Hedging Instrument [Member] | Cross-currency interest rate swap contracts [Member]          
Derivative [Line Items]          
Gain/(Loss) Recognized in Income 210 (137) 14 (112)  
Not Designated as Hedging Instrument [Member] | Interest rate contracts [Member]          
Derivative [Line Items]          
Gain/(Loss) Recognized in Income $ (153) $ 28 $ (102) $ 125