XML 185 R98.htm IDEA: XBRL DOCUMENT v3.24.0.1
FINANCING AND FINANCIAL INSTRUMENTS - Derivative Financial Instruments - Classified as Level 2 (Details) - Level 2 - USD ($)
$ in Millions
Dec. 31, 2023
Dec. 31, 2022
Disclosure of detailed information about financial instruments [line items]    
Derivative assets, fair value $ 806 $ 1,572
Derivative liabilities, fair value (354) (424)
Total interest rate instruments    
Disclosure of detailed information about financial instruments [line items]    
Derivative assets, fair value 0  
Derivative liabilities, fair value 0  
Other interest rate instruments    
Disclosure of detailed information about financial instruments [line items]    
Derivative asset, notional amount 221  
Derivative assets, fair value 0  
Derivative liabilities, notional amount 453  
Derivative liabilities, fair value 0  
Total foreign exchange rate instruments    
Disclosure of detailed information about financial instruments [line items]    
Derivative assets, fair value 166 154
Derivative liabilities, fair value (142) (61)
Forward purchase contracts    
Disclosure of detailed information about financial instruments [line items]    
Derivative asset, notional amount 1,198 657
Derivative assets, fair value 60 58
Derivative liabilities, notional amount 4,114 3,678
Derivative liabilities, fair value (82) (19)
Forward sale contracts    
Disclosure of detailed information about financial instruments [line items]    
Derivative asset, notional amount 2,510 1,478
Derivative assets, fair value 53 38
Derivative liabilities, notional amount 825 753
Derivative liabilities, fair value (11) (6)
Exchange option purchases    
Disclosure of detailed information about financial instruments [line items]    
Derivative asset, notional amount 619 1,462
Derivative assets, fair value 34 17
Derivative liabilities, notional amount 760 2,536
Derivative liabilities, fair value (3) (16)
Exchange options sales    
Disclosure of detailed information about financial instruments [line items]    
Derivative asset, notional amount 920 2,222
Derivative assets, fair value 19 41
Derivative liabilities, notional amount 608 2,055
Derivative liabilities, fair value (46) (20)
Total raw materials (base metals), freight, energy, emission rights    
Disclosure of detailed information about financial instruments [line items]    
Derivative assets, fair value 640 1,418
Derivative liabilities, fair value (212) (363)
Term contracts sales    
Disclosure of detailed information about financial instruments [line items]    
Derivative asset, notional amount 1,350 1,128
Derivative assets, fair value 373 263
Derivative liabilities, notional amount 486 316
Derivative liabilities, fair value (46) (52)
Term contracts purchases    
Disclosure of detailed information about financial instruments [line items]    
Derivative asset, notional amount 1,538 1,755
Derivative assets, fair value 267 1,150
Derivative liabilities, notional amount 1,235 785
Derivative liabilities, fair value (166) (306)
Options sales/purchases    
Disclosure of detailed information about financial instruments [line items]    
Derivative asset, notional amount 18 207
Derivative assets, fair value 0 5
Derivative liabilities, notional amount 0 197
Derivative liabilities, fair value $ 0 $ (5)