|
HEDGING TRANSACTIONS AND DERIVATIVE FINANCIAL INSTRUMENTS (Details 2) (USD $)
In Millions, unless otherwise specified
|
12 Months Ended |
|
Dec. 31, 2013
|
Dec. 31, 2012
|
Dec. 31, 2011
|
|
Cash Flow Hedges
|
|
|
|
| Gains and (losses) related to derivative instruments |
|
|
|
| Gain (Loss) Recognized in OCI |
$ 441
|
$ 90
|
$ (9)
|
| Gain (Loss) Reclassified from AOCI into Income (Effective Portion) |
167
|
(82)
|
(243)
|
| Gain (Loss) Recognized in Income (Ineffective Portion and Amount Excluded from Effectiveness Testing) |
(2)
|
2
|
(1)
|
|
Cash Flow Hedges | Interest rate contracts | Interest expense
|
|
|
|
| Gains and (losses) related to derivative instruments |
|
|
|
| Gain (Loss) Recognized in OCI |
169
|
1
|
(11)
|
| Gain (Loss) Reclassified from AOCI into Income (Effective Portion) |
(12)
|
(12)
|
(12)
|
| Gain (Loss) Recognized in Income (Ineffective Portion and Amount Excluded from Effectiveness Testing) |
(3)
|
0
|
(1)
|
|
Cash Flow Hedges | Foreign currency contracts | Net operating revenues
|
|
|
|
| Gains and (losses) related to derivative instruments |
|
|
|
| Gain (Loss) Recognized in OCI |
218
|
59
|
3
|
| Gain (Loss) Reclassified from AOCI into Income (Effective Portion) |
149
|
(46)
|
(231)
|
| Gain (Loss) Recognized in Income (Ineffective Portion and Amount Excluded from Effectiveness Testing) |
1
|
2
|
0
|
|
Cash Flow Hedges | Foreign currency contracts | Cost of goods sold
|
|
|
|
| Gains and (losses) related to derivative instruments |
|
|
|
| Gain (Loss) Recognized in OCI |
52
|
34
|
|
| Gain (Loss) Reclassified from AOCI into Income (Effective Portion) |
32
|
(23)
|
|
| Gain (Loss) Recognized in Income (Ineffective Portion and Amount Excluded from Effectiveness Testing) |
0
|
0
|
|
|
Cash Flow Hedges | Commodity contracts | Cost of goods sold
|
|
|
|
| Gains and (losses) related to derivative instruments |
|
|
|
| Gain (Loss) Recognized in OCI |
2
|
(4)
|
(1)
|
| Gain (Loss) Reclassified from AOCI into Income (Effective Portion) |
(2)
|
(1)
|
0
|
| Gain (Loss) Recognized in Income (Ineffective Portion and Amount Excluded from Effectiveness Testing) |
0
|
0
|
0
|
|
Fair Value Hedges
|
|
|
|
| Gains and (losses) related to derivative instruments |
|
|
|
| Gain (Loss) Recognized in Income (Ineffective Portion and Amount Excluded from Effectiveness Testing) |
23
|
43
|
|
|
Fair Value Hedges | Interest expense
|
|
|
|
| Gains and (losses) related to derivative instruments |
|
|
|
| Gain (Loss) Recognized in Income (Ineffective Portion and Amount Excluded from Effectiveness Testing) |
47
|
47
|
10
|
|
Fair Value Hedges | Other income (loss) - net
|
|
|
|
| Gains and (losses) related to derivative instruments |
|
|
|
| Gain (Loss) Recognized in Income (Ineffective Portion and Amount Excluded from Effectiveness Testing) |
(24)
|
(4)
|
|
|
Fair Value Hedges | Interest rate contracts | Interest expense
|
|
|
|
| Gains and (losses) related to derivative instruments |
|
|
|
| Gain (Loss) Recognized in Income (Ineffective Portion and Amount Excluded from Effectiveness Testing) |
(193)
|
89
|
343
|
|
Fair Value Hedges | Foreign currency contracts | Other income (loss) - net
|
|
|
|
| Gains and (losses) related to derivative instruments |
|
|
|
| Gain (Loss) Recognized in Income (Ineffective Portion and Amount Excluded from Effectiveness Testing) |
24
|
42
|
|
|
Fair Value Hedges | Available-for-Sale Securities | Other income (loss) - net
|
|
|
|
| Gains and (losses) related to derivative instruments |
|
|
|
| Gain (Loss) Recognized in Income (Ineffective Portion and Amount Excluded from Effectiveness Testing) |
(48)
|
(46)
|
|
|
Fair Value Hedges | Fixed Rate Debt | Interest expense
|
|
|
|
| Gains and (losses) related to derivative instruments |
|
|
|
| Gain (Loss) Recognized in Income (Ineffective Portion and Amount Excluded from Effectiveness Testing) |
240
|
(42)
|
(333)
|
|
Net Investment Hedges | Foreign currency contracts
|
|
|
|
| Gains and (losses) related to derivative instruments |
|
|
|
| Gain (Loss) Recognized in OCI |
61
|
(61)
|
(3)
|
|
Derivatives Not Designated as Hedging Instruments
|
|
|
|
| Gains and (losses) related to derivative instruments |
|
|
|
| Derivative, Gain (Loss) on Derivative, Net |
111
|
(62)
|
(87)
|
|
Derivatives Not Designated as Hedging Instruments | Foreign currency contracts | Net operating revenues
|
|
|
|
| Gains and (losses) related to derivative instruments |
|
|
|
| Derivative, Gain (Loss) on Derivative, Net |
5
|
(7)
|
7
|
|
Derivatives Not Designated as Hedging Instruments | Foreign currency contracts | Other income (loss) - net
|
|
|
|
| Gains and (losses) related to derivative instruments |
|
|
|
| Derivative, Gain (Loss) on Derivative, Net |
162
|
24
|
(37)
|
|
Derivatives Not Designated as Hedging Instruments | Foreign currency contracts | Cost of goods sold
|
|
|
|
| Gains and (losses) related to derivative instruments |
|
|
|
| Derivative, Gain (Loss) on Derivative, Net |
2
|
0
|
(12)
|
|
Derivatives Not Designated as Hedging Instruments | Interest rate swaps | Interest expense
|
|
|
|
| Gains and (losses) related to derivative instruments |
|
|
|
| Derivative, Gain (Loss) on Derivative, Net |
(3)
|
0
|
0
|
|
Derivatives Not Designated as Hedging Instruments | Commodity contracts | Net operating revenues
|
|
|
|
| Gains and (losses) related to derivative instruments |
|
|
|
| Derivative, Gain (Loss) on Derivative, Net |
5
|
4
|
0
|
|
Derivatives Not Designated as Hedging Instruments | Commodity contracts | Cost of goods sold
|
|
|
|
| Gains and (losses) related to derivative instruments |
|
|
|
| Derivative, Gain (Loss) on Derivative, Net |
(122)
|
(110)
|
(42)
|
|
Derivatives Not Designated as Hedging Instruments | Commodity contracts | Selling, general and administrative expenses
|
|
|
|
| Gains and (losses) related to derivative instruments |
|
|
|
| Derivative, Gain (Loss) on Derivative, Net |
7
|
9
|
(11)
|
|
Derivatives Not Designated as Hedging Instruments | Other Derivative Instruments | Selling, general and administrative expenses
|
|
|
|
| Gains and (losses) related to derivative instruments |
|
|
|
| Derivative, Gain (Loss) on Derivative, Net |
$ 55
|
$ 18
|
$ 8
|