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Fair Value Disclosures (Details 2) - USD ($)
$ in Millions
Mar. 31, 2021
Dec. 31, 2020
Assets    
Cash and short-term investments $ 11,342 $ 9,352
Machinery, Energy & Transportation    
Liabilities    
Short-term borrowings 0 10
Financial Products    
Liabilities    
Short-term borrowings 3,625 2,005
Carrying Amount    
Assets    
Cash and short-term investments 11,342 9,352
Restricted cash and short-term investments 9 14
Investments in debt and equity securities 2,124 2,088
Finance receivables-net (excluding finance leases) 13,687 14,028
Wholesale inventory receivables-net (excluding finance leases) 832 929
Foreign currency contracts-net 70 0
Interest rate contracts asset-net 31 58
Commodity contracts-net 41 37
Liabilities    
Short-term borrowings 3,625 2,015
Foreign currency contracts-net 0 112
Guarantees 4 5
Carrying Amount | Machinery, Energy & Transportation    
Liabilities    
Long-term debt (including amounts due within one year) 11,052 11,169
Carrying Amount | Financial Products    
Liabilities    
Long-term debt (including amounts due within one year) 23,503 23,979
Carrying amount of assets excluded from measurement at fair value    
Liabilities    
Excluded items: Finance leases and failed sale leasebacks, Carrying Value 7,895 7,961
Level 1 | Fair Value    
Assets    
Cash and short-term investments 11,342 9,352
Restricted cash and short-term investments 9 14
Liabilities    
Short-term borrowings 3,625 2,015
Level 2 | Fair Value    
Assets    
Foreign currency contracts-net 70 0
Interest rate contracts asset-net 31 58
Commodity contracts-net 41 37
Liabilities    
Foreign currency contracts-net 0 112
Level 2 | Fair Value | Machinery, Energy & Transportation    
Liabilities    
Long-term debt (including amounts due within one year) 13,339 14,549
Level 2 | Fair Value | Financial Products    
Liabilities    
Long-term debt (including amounts due within one year) 23,960 24,614
Level 3 | Fair Value    
Assets    
Finance receivables-net (excluding finance leases) 13,968 14,357
Wholesale inventory receivables-net (excluding finance leases) 815 911
Liabilities    
Guarantees 4 5
Level1 and 2 | Fair Value    
Assets    
Investments in debt and equity securities $ 2,124 $ 2,088