v3.24.3
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, 2024
Sep. 30, 2023
Sep. 30, 2024
Sep. 30, 2023
Derivative [Line Items]        
Net Sales $ 6,345 $ 5,880 $ 18,638 $ 17,229
Cost of products sold 3,899 3,684 11,564 11,030
Interest expense - net 29 33 88 124
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 1 (3) 1 (2)
Gain (loss) on hedging instrument (1) 3 (1) 2
Cash flow hedging | Net Sales | Commodity contracts        
Derivative [Line Items]        
Gain (loss) on hedged item 0 0 0  
Gain (loss) on hedging instrument 0 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 4 (16) (8) (46)
Gain (loss) on hedging instrument (4) 16 8 46
Cash flow hedging | Cost of products sold | Commodity contracts        
Derivative [Line Items]        
Gain (loss) on hedged item (2)   (3) (1)
Gain (loss) on hedging instrument 2   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) (3) (10) (9)
Gain (loss) on hedging instrument 3 3 10 9
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 0  
Gain (loss) on hedging instrument $ 0 $ 0 $ 0