Derivative Financial Instruments (Tables)

6 Months Ended

Jun. 30, 2013

Derivative Instruments and Hedging Activities Disclosure [Abstract]

Schedule of Derivative Instruments in Statement of Financial Position, Fair Value [Table Text Block]

The notional amounts and fair values of derivative instruments in the Condensed Consolidated Statements of Financial Position were as follows:



	Notional amounts⁽¹⁾				Other assets						Accrued liabilities
	June 30 2013		December 31 2012		June 30 2013			December 31 2012			June 30 2013			December 31 2012
Derivatives designated as hedging instruments:
Foreign exchange contracts		$2,388		$2,310		$111			$202			($65	)		($16	)
Interest rate contracts	313		388		17			26
Commodity contracts	92		99								(57		)	(71		)
Derivatives not receiving hedge accounting treatment:
Foreign exchange contracts	323		412		18			3			(36		)	(42		)
Commodity contracts	15		15								(7		)	(8		)
Total derivatives	3,131		3,224		146			231			(165		)	(137		)
Netting arrangements					(53		)	(53		)	53			53
Net recorded balance						$93			$178			($112	)		($84	)


⁽¹⁾	Notional amounts represent the gross contract/notional amount of the derivatives outstanding.

Schedule Of Derivative Instruments, Gains/(Losses) In Statement Of Financial Performance [Table Text Block]

Gains/(losses) associated with our cash flow and undesignated hedging transactions and their effect on Other comprehensive income/(loss) and Net earnings were as follows:



	Six months ended June 30						Three months ended June 30
	2013			2012			2013			2012
Effective portion recognized in Other comprehensive income/(loss), net of taxes:
Foreign exchange contracts		($87	)		($1	)		($61	)		($33	)
Commodity contracts	(2		)	(11		)	(2		)	3
Effective portion reclassified out of Accumulated other comprehensive loss into earnings, net of taxes:
Foreign exchange contracts	14			10			11			3
Commodity contracts	(11		)	(18		)	(6		)	(11		)
Forward points recognized in Other income/(expense), net:
Foreign exchange contracts	22			12			14			16
Undesignated derivatives recognized in Other income/(expense), net:
Foreign exchange contracts	14			(10		)	15			(14		)

- Definition

Tabular disclosure of the location and amount of gains and losses reported in the statement of financial performance, or when applicable, the statement of financial position. For example, (a) gains and losses recognized in the income statement on derivative instruments designated and qualifying as hedging instruments in fair value hedges and related hedged items designated and qualifying in fair value hedges and (b) gains and losses initially recognized in other comprehensive income on derivative instruments designated and qualifying as cash flow hedges.

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- Definition

Tabular disclosure of the location and fair value amounts of derivative instruments (and nonderivative instruments that are designated and qualify as hedging instruments) reported in the statement of financial position.

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