Annual report pursuant to Section 13 and 15(d)

HEDGING TRANSACTIONS AND DERIVATIVE FINANCIAL INSTRUMENTS - Cash Flow Hedges Included in OCI, AOCI and Earnings (Details)

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HEDGING TRANSACTIONS AND DERIVATIVE FINANCIAL INSTRUMENTS - Cash Flow Hedges Included in OCI, AOCI and Earnings (Details) - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2024
Dec. 31, 2023
Dec. 31, 2022
Fair Value, Derivatives Designated and Not Designated as Hedges      
Gains (losses) arising during the year $ 405 $ (194) $ 165
Derivatives reclassification adjustments recognized in net income 50 10 161
Cash Flow Hedges      
Fair Value, Derivatives Designated and Not Designated as Hedges      
Gains (losses) arising during the year 428 (89) 127
Derivatives reclassification adjustments recognized in net income 50 10 161
Net operating revenues      
Fair Value, Derivatives Designated and Not Designated as Hedges      
Derivatives reclassification adjustments recognized in net income 84    
Net operating revenues | Foreign currency contracts | Cash Flow Hedges      
Fair Value, Derivatives Designated and Not Designated as Hedges      
Gains (losses) arising during the year 457 (128) 205
Derivatives reclassification adjustments recognized in net income 84 (3) 218
Cost of goods sold      
Fair Value, Derivatives Designated and Not Designated as Hedges      
Derivatives reclassification adjustments recognized in net income 17    
Cost of goods sold | Foreign currency contracts | Cash Flow Hedges      
Fair Value, Derivatives Designated and Not Designated as Hedges      
Gains (losses) arising during the year 37 19 17
Derivatives reclassification adjustments recognized in net income 16 14 28
Cost of goods sold | Commodity contracts | Cash Flow Hedges      
Fair Value, Derivatives Designated and Not Designated as Hedges      
Gains (losses) arising during the year 6 (15) (4)
Derivatives reclassification adjustments recognized in net income 1 (14) (2)
Interest expense      
Fair Value, Derivatives Designated and Not Designated as Hedges      
Derivatives reclassification adjustments recognized in net income (6)    
Interest expense | Foreign currency contracts | Cash Flow Hedges      
Fair Value, Derivatives Designated and Not Designated as Hedges      
Gains (losses) arising during the year 0 0 0
Derivatives reclassification adjustments recognized in net income (4) (4) (4)
Interest expense | Interest rate contracts | Cash Flow Hedges      
Fair Value, Derivatives Designated and Not Designated as Hedges      
Gains (losses) arising during the year (54)    
Derivatives reclassification adjustments recognized in net income (2)    
Other income (loss) - net      
Fair Value, Derivatives Designated and Not Designated as Hedges      
Derivatives reclassification adjustments recognized in net income (45)    
Other income (loss) - net | Foreign currency contracts | Cash Flow Hedges      
Fair Value, Derivatives Designated and Not Designated as Hedges      
Gains (losses) arising during the year (18) 35 (91)
Derivatives reclassification adjustments recognized in net income $ (45) $ 17 $ (79)