XML 68 R55.htm IDEA: XBRL DOCUMENT v3.24.2.u1
Equity - Amounts Reclassified Out Of Accumulated Other Comprehensive Loss (Details) - USD ($)
$ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2024
Jun. 30, 2023
Jun. 30, 2024
Jun. 30, 2023
Significant amounts reclassified out of each component of AOCI        
Gains on derivative amount excluded from effectiveness testing $ 506 $ 454 $ 959 $ 908
Foreign Currency Transaction Gain (Loss), before Tax 1 37 5 72
Tax expense (benefit) 773 583 1,156 817
Total reclassifications, net of tax (1,370) (2,024) (2,739) (2,263)
Losses (gains) on foreign currency forward exchange contracts 4,202 4,240 8,296 8,226
Pension and post-employment benefits        
Significant amounts reclassified out of each component of AOCI        
Amortization of actuarial losses and other [1] 9 (1) 17 (3)
Tax benefit (3) 0 (4) 0
Total reclassifications, net of tax 6 (1) 13 (3)
Cash flow hedging activities        
Significant amounts reclassified out of each component of AOCI        
Total reclassifications, net of tax     (26) (62)
Reclassification out of accumulated other comprehensive loss | Cash flow hedging activities        
Significant amounts reclassified out of each component of AOCI        
Tax expense (benefit) 4 9 8 14
Total reclassifications, net of tax (12) (31) (26) (62)
Reclassification out of accumulated other comprehensive loss | Net investment hedges | Net investment hedging activities        
Significant amounts reclassified out of each component of AOCI        
Gains on derivative amount excluded from effectiveness testing [2] (31) (29) (58) (57)
Tax expense (benefit) 7 6 13 12
Total reclassifications, net of tax (24) (23) (45) (45)
Foreign currency forward exchange contracts | Reclassification out of accumulated other comprehensive loss | Cash flow hedging activities        
Significant amounts reclassified out of each component of AOCI        
Losses (gains) on foreign currency forward exchange contracts [3] (10) (26) (22) (56)
Treasury rate lock agreements | Reclassification out of accumulated other comprehensive loss | Cash flow hedging activities        
Significant amounts reclassified out of each component of AOCI        
Gains on derivative amount excluded from effectiveness testing [2] (6) (6) (12) (12)
Cross Currency Swap Contract | Reclassification out of accumulated other comprehensive loss | Cash flow hedging activities        
Significant amounts reclassified out of each component of AOCI        
Foreign Currency Transaction Gain (Loss), before Tax $ 0 $ (8) $ 0 $ (8)
[1]
(b) Amounts are included in the computation of net periodic benefit cost (see Note 9).
[2] (a) Amounts are included in interest expense, net (see Note 8)
[3]
(c) Amounts are included in cost of products sold (see Note 8).