Hedging Activities (Tables)

6 Months Ended

Jun. 30, 2020

Summary of Notional Amounts and Respective Fair Values of Derivative Financial Instruments

					Asset derivatives					Liability derivatives
	Notional amount				Balance	Fair value				Balance	Fair value
	June 30,		Dec. 31,		sheet	June 30,		Dec. 31,		sheet	June 30,		Dec. 31,
	2020		2019		location	2020		2019		location	2020		2019
Derivatives ‎  designated as ‎  hedging ‎  instruments
Foreign exchange ‎  contracts	$	974	$	2,123	Other current ‎assets	$	18	$	38	Other accrued ‎liabilities	$	(17)	$	(7)
					Other assets		15		37	Other liabilities		(7)		(4)
Derivatives not ‎  designated as ‎  hedging ‎  instruments
Foreign exchange ‎  and other contracts		7,169		1,815	Other current ‎assets		18		5	Other accrued ‎liabilities		(15)		(19)
					Other assets		14		21	Other liabilities		(40)
Translated earnings ‎  contracts		11,087		12,166	Other current ‎assets		87		114	Other accrued ‎liabilities		(59)		(74)
					Other assets		50		34	Other liabilities		(38)		(161)
Total derivatives	$	19,230	$	16,104		$	202	$	249		$	(176)	$	(265)

Designated as Hedging Instrument [Member]

Effect on Consolidated Financial Statements

	Effect of derivative instruments on the consolidated financial statements for the three months ended June 30,
Derivatives in hedging	Gain (loss) recognized in other				Location of gain (loss) reclassified from	Gain (loss) reclassified from
relationships for	comprehensive income (OCI)				accumulated OCI into income	accumulated OCI into income
cash flow hedges	2020		2019		effective (ineffective)	2020		2019
					Net sales	$	(3)
Foreign exchange contracts	$	22	$	(3)	Cost of sales			$	3
Total cash flow hedges	$	22	$	(3)		$	(3)	$	3
	Effect of derivative instruments on the consolidated financial statements for the six months ended June 30,
Derivatives in hedging	Gain (loss) recognized in other				Location of gain (loss) reclassified from	Gain (loss) reclassified from
relationships for	comprehensive income (OCI)				accumulated OCI into income	accumulated OCI into income
cash flow hedges	2020		2019		effective (ineffective)	2020		2019
					Net sales	$	(2)
					Cost of sales		5	$	5
Foreign exchange contracts	$	(67)	$	6	Other expense, net (1)		(14)
Total cash flow hedges	$	(67)	$	6		$	(11)	$	5

Not Designated as Hedging Instrument [Member]

Effect on Consolidated Financial Statements

		Gain (loss) recognized in income
		Three months ended				Six months ended
	Location of gains	June 30,				June 30,
Undesignated derivatives	recognized in income	2020		2019		2020		2019
Foreign exchange and other contracts ‎  – balance sheet, loans and other	Other income (expense), net (1)	$	(15)	$	21	$	(14)	$	19
Translated earnings contracts	Translated earnings ‎  contract gain, net		37		(107)		105		77
Total undesignated		$	22	$	(86)	$	91	$	96

(1)A loss of $14 million was reclassified from accumulated other comprehensive loss into other expense, net, resulting from the de-designation of certain cash flow hedges