Quarterly report pursuant to Section 13 or 15(d)

DERIVATIVES (Details)

v3.23.2
DERIVATIVES (Details) - USD ($)
$ in Millions
3 Months Ended 6 Months Ended 12 Months Ended 15 Months Ended
Jun. 30, 2023
Mar. 31, 2023
Jun. 30, 2022
Jun. 30, 2023
Jun. 30, 2022
Dec. 31, 2022
Mar. 31, 2023
Dec. 31, 2020
Dec. 31, 2019
Derivative Instruments and Hedging Activities Disclosures [Line Items]                  
Gain (Loss) on Swaps $ (20)   $ (39) $ 7 $ (111)        
Gain (Loss) on Borrowings 16   $ 34 (6) $ 114        
Derivative Assets (Liabilities), at Fair Value, Net 44     44   $ 52      
Derivative, Net Liability Position, Aggregate Fair Value 136     136   100      
Designated as Hedging Instrument                  
Derivative Instruments and Hedging Activities Disclosures [Line Items]                  
Derivative, Notional Amount 2,908     2,908   3,051      
Derivative Asset 64     64   98      
Derivative Liability 159     159   170      
Not Designated as Hedging Instrument                  
Derivative Instruments and Hedging Activities Disclosures [Line Items]                  
Derivative, Notional Amount 3,691     3,691   2,900      
Derivative Asset 20     20   27      
Derivative Liability 17     17   3      
Prepaid Expenses and Other Current Assets | Designated as Hedging Instrument                  
Derivative Instruments and Hedging Activities Disclosures [Line Items]                  
Derivative Asset 17     17   18      
Prepaid Expenses and Other Current Assets | Not Designated as Hedging Instrument                  
Derivative Instruments and Hedging Activities Disclosures [Line Items]                  
Derivative Asset 20     20   27      
Other Noncurrent Assets | Designated as Hedging Instrument                  
Derivative Instruments and Hedging Activities Disclosures [Line Items]                  
Derivative Asset 47     47   80      
Other Noncurrent Assets | Not Designated as Hedging Instrument                  
Derivative Instruments and Hedging Activities Disclosures [Line Items]                  
Derivative Asset 0     0   0      
Other accrued expenses | Designated as Hedging Instrument                  
Derivative Instruments and Hedging Activities Disclosures [Line Items]                  
Derivative Liability 21     21   19      
Other accrued expenses | Not Designated as Hedging Instrument                  
Derivative Instruments and Hedging Activities Disclosures [Line Items]                  
Derivative Liability 17     17   3      
Other liabilities | Designated as Hedging Instrument                  
Derivative Instruments and Hedging Activities Disclosures [Line Items]                  
Derivative Liability 138     138   151      
Other liabilities | Not Designated as Hedging Instrument                  
Derivative Instruments and Hedging Activities Disclosures [Line Items]                  
Derivative Liability $ 0     $ 0   0      
Sales                  
Derivative Instruments and Hedging Activities Disclosures [Line Items]                  
Derivative Instrument, Gain (Loss) Reclassified from AOCI into Income, Effective Portion, Statement of Income or Comprehensive Income [Extensible Enumeration] Revenues   Revenues Revenues Revenues        
Cost of Sales                  
Derivative Instruments and Hedging Activities Disclosures [Line Items]                  
Derivative Instrument, Gain (Loss) Reclassified from AOCI into Income, Effective Portion, Statement of Income or Comprehensive Income [Extensible Enumeration] Cost of sales   Cost of sales Cost of sales Cost of sales        
Derivative Instruments Not Designated as Hedging Instruments, Gain (Loss), Net $ (1)   $ 3 $ (3) $ 2        
Other Nonoperating Income (Expense)                  
Derivative Instruments and Hedging Activities Disclosures [Line Items]                  
Derivative Instruments Not Designated as Hedging Instruments, Gain (Loss), Net (44)   (31) (17) (23)        
Foreign Exchange Forward                  
Derivative Instruments and Hedging Activities Disclosures [Line Items]                  
Derivative, Notional Amount 4,400     $ 4,400   $ 3,600      
Foreign Exchange Forward | Foreign currencies | Geographic Concentration Risk                  
Derivative Instruments and Hedging Activities Disclosures [Line Items]                  
Concentration Risk, Percentage       86.00%   88.00%      
Net Investment Hedging                  
Derivative Instruments and Hedging Activities Disclosures [Line Items]                  
Derivative, Notional Amount 741     $ 741          
Gain (Loss)  Recognized in AOCL (13)     (28)          
Gain (Loss) Reclassified from AOCL into Earnings 0     0          
Interest Rate Swap                  
Derivative Instruments and Hedging Activities Disclosures [Line Items]                  
Derivative, Notional Amount Settled   $ 100              
Derivative, Cash Received on Hedge   7              
Interest Rate Lock                  
Derivative Instruments and Hedging Activities Disclosures [Line Items]                  
Derivative, Notional Amount 500     500       $ 150 $ 350
Gain (Loss)  Recognized in AOCL 10   43 1 82        
Gain (Loss) Reclassified from AOCL into Earnings 0   $ 0 0 $ 0        
Derivative, Notional Amount Settled   100       $ 150      
Derivative, Cash Received on Hedge   $ 34       49 $ 83    
Senior notes, due 2025 (4)                  
Derivative Instruments and Hedging Activities Disclosures [Line Items]                  
Unsecured Debt $ 500     $ 500   500      
Debt instrument interest rate (as a percent) 0.75%     0.75%          
Senior notes, due 2025 (4) | London Interbank Offered Rate                  
Derivative Instruments and Hedging Activities Disclosures [Line Items]                  
Debt Instrument, Description of Variable Rate Basis       LIBOR          
Senior notes, due 2030 (4)                  
Derivative Instruments and Hedging Activities Disclosures [Line Items]                  
Unsecured Debt $ 850     $ 850   $ 850      
Debt instrument interest rate (as a percent) 1.50%     1.50%          
Senior notes, due 2030 (4) | Interest Rate Swap                  
Derivative Instruments and Hedging Activities Disclosures [Line Items]                  
Derivative, Notional Amount $ 765     $ 765          
Senior notes, due 2030 (4) | London Interbank Offered Rate                  
Derivative Instruments and Hedging Activities Disclosures [Line Items]                  
Debt Instrument, Description of Variable Rate Basis       LIBOR