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DERIVATIVE FINANCIAL INSTRUMENTS AND HEDGING ACTIVITIES - Impact of Derivatives on Consolidated Statement of Income (Details) - USD ($)
$ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2020
Jun. 30, 2019
Jun. 30, 2020
Jun. 30, 2019
Derivative Instruments and Hedging Activities Disclosure [Abstract]        
Net sales $ 3,856 $ 5,533 $ 8,645 $ 10,838
Cost of products sold 2,877 3,697 6,179 7,270
Interest expense - net 38 50 72 110
Cash Flow Hedging | Net Sales | Currency exchange contracts        
Derivative [Line Items]        
Gain (loss) on hedged item 5 2 5 5
Gain (loss) on hedging instrument (5) (2) (5) (5)
Cash Flow Hedging | Net Sales | Commodity contracts        
Derivative [Line Items]        
Gain (loss) on hedged item 0 0 0 0
Gain (loss) on hedging instrument 0 0 0 0
Cash Flow Hedging | Cost of products sold | Currency exchange contracts        
Derivative [Line Items]        
Gain (loss) on hedged item 4 (4) 1 (9)
Gain (loss) on hedging instrument (4) 4 (1) 9
Cash Flow Hedging | Cost of products sold | Commodity contracts        
Derivative [Line Items]        
Gain (loss) on hedged item 0 0 0 0
Gain (loss) on hedging instrument 0 0 0 0
Cash Flow Hedging | Interest expense - net | Currency exchange contracts        
Derivative [Line Items]        
Gain (loss) on hedged item 0 0 0 0
Gain (loss) on hedging instrument 0 0 0 0
Cash Flow Hedging | Interest expense - net | Commodity contracts        
Derivative [Line Items]        
Gain (loss) on hedged item 0 0 0 0
Gain (loss) on hedging instrument 0 0 0 0
Fair value hedging | Net Sales | Fixed-to-floating interest rate swaps        
Derivative [Line Items]        
Gain (loss) on hedged item 0 0 0 0
Gain (loss) on hedging instrument 0 0 0 0
Fair value hedging | Cost of products sold | Fixed-to-floating interest rate swaps        
Derivative [Line Items]        
Gain (loss) on hedged item 0 0 0 0
Gain (loss) on hedging instrument 0 0 0 0
Fair value hedging | Interest expense - net | Fixed-to-floating interest rate swaps        
Derivative [Line Items]        
Gain (loss) on hedged item (1) (40) (69) (63)
Gain (loss) on hedging instrument $ 1 $ 40 $ 69 $ 63