Derivative Financial Instruments (Tables)

12 Months Ended

Dec. 31, 2019

Summary of Derivative Instruments [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 Consolidated Statements of Financial Position as of December 31 were as follows:



	Notional amounts⁽¹⁾				Other assets						Accrued liabilities
	2019		2018		2019			2018			2019			2018
Derivatives designated as hedging instruments:
Foreign exchange contracts		$2,590		$3,407		$29			$32			($60	)		($132	)
Interest rate contracts			125
Commodity contracts	645		57		4			9			(72		)	(2		)
Derivatives not receiving hedge accounting treatment:
Foreign exchange contracts	285		414		1			11			(6		)	(2		)
Commodity contracts	1,644		478
Total derivatives		$5,164		$4,481	34			52			(138		)	(136		)
Netting arrangements					(20		)	(24		)	20			24
Net recorded balance						$14			$28			($118	)		($112	)

⁽¹⁾

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

Schedule Of Derivative Instruments, Gains/(Losses) In Statement Of Financial Performance

Gains/(losses) associated with our hedging transactions and forward points recognized in Other comprehensive income are presented in the following table:



Years ended December 31,	2019			2018
Recognized in Other comprehensive income, net of taxes:
Foreign exchange contracts		$15			($156	)
Commodity contracts	(63		)	10

Reclassification out of Accumulated Other Comprehensive Income [Table Text Block]

Gains/(losses) associated with our hedging transactions and forward points reclassified from AOCI to earnings are presented in the following table:



Years ended December 31,	2019			2018
Foreign exchange contracts
Revenues
Costs and expenses		($26	)		($30	)
General and administrative	(9		)	(12		)
Commodity contracts
Revenues
Costs and expenses		$1			$2
General and administrative expense	1			2