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Derivative Financial Instruments (Tables)
 3 Months Ended
Mar. 31, 2015
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
  
March 31
2015

December 31
2014

March 31
2015

December 31
2014

March 31
2015

December 31
2014

Derivatives designated as hedging instruments:
 
 
 
 
 
 
Foreign exchange contracts

$2,585


$2,586


$10


$9


($317
)

($204
)
Interest rate contracts
125

125

11

10




Commodity contracts
21

31

1

1

(22
)
(24
)
Derivatives not receiving hedge accounting treatment:
 
 
 
 
 
 
Foreign exchange contracts
338

319

18

21

(9
)
(5
)
Commodity contracts
1,188

3





 
 
Total derivatives

$4,257


$3,064

40

41

(348
)
(233
)
Netting arrangements
 
 
(16
)
(16
)
16

16

Net recorded balance
 
 

$24


$25


($332
)

($217
)
(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: 
  
Three months ended March 31
  
2015

 
2014

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

($90
)
 

($12
)
Commodity contracts
(1
)
 
1

Effective portion reclassified out of Accumulated other comprehensive loss into earnings, net of taxes:
 
 
 
Foreign exchange contracts
(9
)
 
(2
)
Commodity contracts
(3
)
 
(3
)
Forward points recognized in Other income, net:
 
 
 
Foreign exchange contracts
5

 
7

Undesignated derivatives recognized in Other income, net:
 
 
 
Foreign exchange contracts
(1
)
 
(4
)