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Derivative Financial instruments and Risk Management- Effect of derivatives designated as hedging instruments (Details) - USD ($)
$ in Millions
3 Months Ended
Mar. 31, 2020
Mar. 31, 2019
Derivative Instruments, Gain (Loss)    
Sales of Machinery, Energy & Transportation $ 10,635 $ 13,466
Interest Expense Excluding Financial Products 113 103
Other income (expense) 222 160
Cost of goods sold 7,266 9,003
Interest expense of Financial Products 175 190
Financial Products    
Derivative Instruments, Gain (Loss)    
Sales of Machinery, Energy & Transportation 721 742
Designated Derivatives | Cash Flow Hedges    
Derivative Instruments, Gain (Loss)    
Amount of gains (losses) recognized in AOCI (8) 13
Amount of gain (losses) reclassified from AOCI 70 11
Designated Derivatives | Cash Flow Hedges | Foreign exchange contracts | Financial Products    
Derivative Instruments, Gain (Loss)    
Amount of gains (losses) recognized in AOCI 101 22
Designated Derivatives | Cash Flow Hedges | Foreign exchange contracts | Financial Products | Other Nonoperating Income (Expense)    
Derivative Instruments, Gain (Loss)    
Amount of gain (losses) reclassified from AOCI 71 6
Designated Derivatives | Cash Flow Hedges | Foreign exchange contracts | Financial Products | Interest Expense    
Derivative Instruments, Gain (Loss)    
Amount of gain (losses) reclassified from AOCI 11 7
Designated Derivatives | Cash Flow Hedges | Foreign exchange contracts | Machinery, Energy & Transportation    
Derivative Instruments, Gain (Loss)    
Amount of gains (losses) recognized in AOCI (90) 17
Designated Derivatives | Cash Flow Hedges | Foreign exchange contracts | Machinery, Energy & Transportation | Sales    
Derivative Instruments, Gain (Loss)    
Amount of gain (losses) reclassified from AOCI 5 1
Designated Derivatives | Cash Flow Hedges | Foreign exchange contracts | Machinery, Energy & Transportation | Cost of Sales    
Derivative Instruments, Gain (Loss)    
Amount of gain (losses) reclassified from AOCI (11) (3)
Designated Derivatives | Cash Flow Hedges | Interest rate contracts | Financial Products    
Derivative Instruments, Gain (Loss)    
Amount of gains (losses) recognized in AOCI (15) (26)
Designated Derivatives | Cash Flow Hedges | Interest rate contracts | Financial Products | Interest Expense    
Derivative Instruments, Gain (Loss)    
Amount of gain (losses) reclassified from AOCI (5) 1
Designated Derivatives | Cash Flow Hedges | Interest rate contracts | Machinery, Energy & Transportation    
Derivative Instruments, Gain (Loss)    
Amount of gains (losses) recognized in AOCI (4) 0
Designated Derivatives | Cash Flow Hedges | Interest rate contracts | Machinery, Energy & Transportation | Interest Expense    
Derivative Instruments, Gain (Loss)    
Amount of gain (losses) reclassified from AOCI (1) (1)
Machinery, Energy & Transportation    
Derivative Instruments, Gain (Loss)    
Sales of Machinery, Energy & Transportation $ 9,914 $ 12,724