|
DERIVATIVES (Details)
In Millions, unless otherwise specified |
12 Months Ended | 12 Months Ended | 1 Months Ended | 12 Months Ended | ||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
|
Dec. 31, 2011
Foreign currency forward contracts
USD ($)
Y
|
Dec. 31, 2010
Foreign currency forward contracts
|
Dec. 31, 2011
Commodity swap contracts
USD ($)
Y
|
Nov. 30, 2005
Interest rate contracts
USD ($)
|
Dec. 31, 2011
Interest rate contracts
USD ($)
|
Dec. 31, 2010
Interest rate contracts
USD ($)
|
Dec. 31, 2011
United States Dollar (USD)
Foreign currency forward contracts
USD ($)
|
Dec. 31, 2010
United States Dollar (USD)
Foreign currency forward contracts
USD ($)
|
Dec. 31, 2011
British Pound Sterling (GBP)
Foreign currency forward contracts
GBP (£)
|
Dec. 31, 2010
British Pound Sterling (GBP)
Foreign currency forward contracts
GBP (£)
|
Dec. 31, 2011
Euro (EUR)
Foreign currency forward contracts
EUR (€)
|
Dec. 31, 2010
Euro (EUR)
Foreign currency forward contracts
EUR (€)
|
Dec. 31, 2011
Singapore Dollar (SGD)
Foreign currency forward contracts
SGD
|
Dec. 31, 2010
Singapore Dollar (SGD)
Foreign currency forward contracts
SGD
|
Dec. 31, 2011
Indian Rupee (INR)
Foreign currency forward contracts
INR
|
Dec. 31, 2010
Indian Rupee (INR)
Foreign currency forward contracts
INR
|
Dec. 31, 2011
Japanese Yen (JPY)
Foreign currency forward contracts
JPY (¥)
|
Dec. 31, 2010
Japanese Yen (JPY)
Foreign currency forward contracts
JPY (¥)
|
Dec. 31, 2011
Canadian Dollar (CAD)
Foreign currency forward contracts
CAD
|
Dec. 31, 2010
Canadian Dollar (CAD)
Foreign currency forward contracts
CAD
|
Dec. 31, 2011
South Korea Won (KRW)
Foreign currency forward contracts
KRW
|
Dec. 31, 2010
South Korea Won (KRW)
Foreign currency forward contracts
KRW
|
Dec. 31, 2011
Chinese Renmimbi (CNY)
Foreign currency forward contracts
CNY
|
Dec. 31, 2010
Chinese Renmimbi (CNY)
Foreign currency forward contracts
CNY
|
Dec. 31, 2011
Copper (in metric tons)
Commodity swap contracts
USD ($)
T
|
Dec. 31, 2010
Copper (in metric tons)
Commodity swap contracts
USD ($)
T
|
Dec. 31, 2011
Platinum (in troy ounces)
Commodity swap contracts
USD ($)
ozt
|
Dec. 31, 2010
Platinum (in troy ounces)
Commodity swap contracts
USD ($)
ozt
|
Dec. 31, 2011
Palladium (in troy ounces)
Commodity swap contracts
USD ($)
ozt
|
Dec. 31, 2010
Palladium (in troy ounces)
Commodity swap contracts
USD ($)
ozt
|
|
| Derivatives | ||||||||||||||||||||||||||||||
| Internal policy for managing derivative cash flows, time period (in years) | 1 | 3 | ||||||||||||||||||||||||||||
| Reclassification of unrealized net gain (loss) on foreign exchange forward contracts from AOCL to income | $ 6 | |||||||||||||||||||||||||||||
| Notional percent of foreign currency derivatives (as a percent) | 98.00% | 97.00% | ||||||||||||||||||||||||||||
| Notional amount for foreign currency forward contracts | 181 | 142 | 347 | 87 | 47 | 46 | 20 | 17 | 1,701 | 1,275 | 3,348 | 3,722 | 39 | 39 | 36,833 | 28,028 | 61 | 60 | ||||||||||||
| Reclassification of unrealized net gain (loss) from AOCL to income over the next year | 11 | |||||||||||||||||||||||||||||
| Notional amount for commodities | 78 | 55 | 84 | 11 | 5 | 1 | ||||||||||||||||||||||||
| Non-monetary notional amount (in units) | 9,220 | 7,560 | 50,750 | 9,157 | 7,141 | 1,763 | ||||||||||||||||||||||||
| Amount of hedged item | 250 | |||||||||||||||||||||||||||||
| Fixed rate on debt issue, due in 2028 (as a percent) | 7.125% | |||||||||||||||||||||||||||||
| Basis of variable rate | LIBOR | |||||||||||||||||||||||||||||
| Income Statement Classification | Interest expense | Interest expense | ||||||||||||||||||||||||||||
| Gain/(Loss) on Swaps | 41 | 16 | ||||||||||||||||||||||||||||
| Gain/(Loss) on Borrowings | $ (41) | $ (16) | ||||||||||||||||||||||||||||