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Derivative Financial Instruments (Tables)
 9 Months Ended
Sep. 30, 2014
Derivative Instruments and Hedging Activities Disclosure [Abstract]  
Schedule of Derivative Instruments, Notional Amounts and Fair Values
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
  
September 30
2014

December 31
2013

September 30
2014

December 31
2013

September 30
2014

December 31
2013

Derivatives designated as hedging instruments:
 
 
 
 
 
 
Foreign exchange contracts

$2,830


$2,524


$22


$122


($120
)

($64
)
Interest rate contracts
313

313

10

13




Commodity contracts
39

72

1

2

(26
)
(39
)
Derivatives not receiving hedge accounting treatment:
 
 
 
 
 
 
Foreign exchange contracts
470

259

28

12

(9
)
(35
)
Commodity contracts
4

9





(1
)
(4
)
Total derivatives

$3,656


$3,177

61

149

(156
)
(142
)
Netting arrangements
 
 
(23
)
(63
)
23

63

Net recorded balance
 
 

$38


$86


($133
)

($79
)
(1) 
Notional amounts represent the gross contract/notional amount of the derivatives outstanding.
Schedule Of Derivative Instruments, Gains/(Losses)
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: 
  
Nine months ended September 30
 
Three months ended September 30
  
2014

 
2013

 
2014

 
2013

Effective portion recognized in Other comprehensive income/(loss), net of taxes:
 
 
 
 
 
 
 
Foreign exchange contracts

($65
)
 

($51
)
 

($85
)
 

$36

Commodity contracts
1

 
(3
)
 
(4
)
 
(1
)
Effective portion reclassified out of Accumulated other comprehensive loss into earnings, net of taxes:
 
 
 
 
 
 
 
Foreign exchange contracts
14

 
28

 
7

 
14

Commodity contracts
(12
)
 
(15
)
 
(4
)
 
(4
)
Forward points recognized in Other income, net:
 
 
 
 
 
 
 
Foreign exchange contracts
25

 
24

 
9

 
2

Undesignated derivatives recognized in Other income, net:
 
 
 
 
 
 
 
Foreign exchange contracts
(5
)
 
13

 
1

 
(1
)