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, 2023
Dec. 31, 2022
Dec. 31, 2021
Fair Value, Derivatives Designated and Not Designated as Hedges      
Gains (losses) arising during the year $ (194) $ 165 $ 160
Derivatives reclassification adjustments recognized in net income 10 161 (124)
Cash Flow Hedges      
Fair Value, Derivatives Designated and Not Designated as Hedges      
Gains (losses) arising during the year (89) 127 162
Derivatives reclassification adjustments recognized in net income 10 161 (116)
Net operating revenues      
Fair Value, Derivatives Designated and Not Designated as Hedges      
Derivatives reclassification adjustments recognized in net income (3)    
Net operating revenues | Foreign currency contracts | Cash Flow Hedges      
Fair Value, Derivatives Designated and Not Designated as Hedges      
Gains (losses) arising during the year (128) 205 36
Derivatives reclassification adjustments recognized in net income (3) 218 (77)
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 19 17 (2)
Derivatives reclassification adjustments recognized in net income 14 28 (10)
Cost of goods sold | Commodity contracts | Cash Flow Hedges      
Fair Value, Derivatives Designated and Not Designated as Hedges      
Gains (losses) arising during the year (15) (4) (1)
Derivatives reclassification adjustments recognized in net income (14) (2) 0
Interest expense      
Fair Value, Derivatives Designated and Not Designated as Hedges      
Derivatives reclassification adjustments recognized in net income (4)    
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) (13)
Interest expense | Interest rate contracts | Cash Flow Hedges      
Fair Value, Derivatives Designated and Not Designated as Hedges      
Gains (losses) arising during the year     110
Derivatives reclassification adjustments recognized in net income     (90)
Other income (loss) - net      
Fair Value, Derivatives Designated and Not Designated as Hedges      
Derivatives reclassification adjustments recognized in net income 17    
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 35 (91) 19
Derivatives reclassification adjustments recognized in net income $ 17 $ (79) $ 74