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Financial Instruments (Tables)
 9 Months Ended
Sep. 30, 2019
Derivative Instruments and Hedging Activities Disclosure [Abstract]  
Schedule of Notional Amounts of Outstanding Derivative Positions [Table Text Block]
Notional Amounts
(In millions)
September 30, 2019
December 31, 2018
September 30, 2018
Derivatives designated as hedging instruments:
 
 
 
Commodity contracts
$
73

$
525

$
125

Derivatives not designated as hedging instruments:




 
Foreign currency contracts
$
1,313

$
2,057

$
3,159

Commodity contracts
$
—

$
9

$
12
After-Tax Effect of Cash Flow Hedges Included in Accumulated Other Comprehensive Income (Loss)
 
Three Months Ended
September 30,
Nine Months Ended
September 30,
(In millions)
2019
2018
2019
2018
Beginning balance
$
(3
)
$
(7
)
$
(26
)
$
(2
)
Additions and revaluations of derivatives designated as cash flow hedges
(1
)
(3
)
11

(3
)
Clearance of hedge results to earnings
1

—

12

(5
)
Ending balance
$
(3
)
$
(10
)
$
(3
)
$
(10
)
Schedule of Derivatives Instruments Statements of Financial Performance and Financial Position, Location [Table Text Block]
 
 
September 30, 2019
(In millions)
Balance Sheet Location
Gross
Counterparty and Cash Collateral Netting1
Net Amounts Included in the Condensed Consolidated Balance Sheet
Asset derivatives:
 
 
 
 
Derivatives not designated as hedging instruments:
 
 

 
 
Foreign currency contracts
Other current assets
$
74

$
(6
)
$
68

Total asset derivatives
 
$
74

$
(6
)
$
68

 
 
 
 
 
Liability derivatives:
 
 

 
 
Derivatives not designated as hedging instruments:
 
 

 
 

Foreign currency contracts
Accrued and other current liabilities
$
20

$
7

$
27

Total liability derivatives
 
$
20

$
7

$
27


1. 
Counterparty and cash collateral amounts represent the estimated net settlement amount when applying netting and set-off rights included in master netting arrangements between the company and its counterparties and the payable or receivable for cash collateral held or placed with the same counterparty.
 
 
December 31, 2018
(In millions)
Balance Sheet Location
Gross
Counterparty and Cash Collateral Netting1
Net Amounts Included in the Condensed Consolidated Balance Sheet
Asset derivatives:
 
 
 
 
Derivatives not designated as hedging instruments:
 
 

 
 
Foreign currency contracts
Other current assets
$
72

$
(35
)
$
37

Total asset derivatives
 
$
72

$
(35
)
$
37

 
 
 
 
 
Liability derivatives:
 
 

 
 
Derivatives not designated as hedging instruments:
 
 

 
 

Foreign currency contracts
Accrued and other current liabilities
$
21

$
(15
)
$
6

Total liability derivatives
 
$
21

$
(15
)
$
6

1. 
Counterparty and cash collateral amounts represent the estimated net settlement amount when applying netting and set-off rights included in master netting arrangements between the company and its counterparties and the payable or receivable for cash collateral held or placed with the same counterparty.

 
 
September 30, 2018
(In millions)
Balance Sheet Location
Gross
Counterparty and Cash Collateral Netting1
Net Amounts Included in the Condensed Consolidated Balance Sheet
Asset derivatives:
 
 
 
 
Derivatives not designated as hedging instruments:
 
 

 
 
Foreign currency contracts
Other current assets
$
55

$
(39
)
$
16

Total asset derivatives
 
$
55

$
(39
)
$
16

 
 
 
 
 
Liability derivatives:
 
 

 
 
Derivatives not designated as hedging instruments:
 
 

 
 

Foreign currency contracts
Accrued and other current liabilities
$
54

$
(18
)
$
36

Total liability derivatives
 
$
54

$
(18
)
$
36

1. 
Counterparty and cash collateral amounts represent the estimated net settlement amount when applying netting and set-off rights included in master netting arrangements between the company and its counterparties and the payable or receivable for cash collateral held or placed with the same counterparty.

Derivative Instruments, Gain (Loss) [Table Text Block]
 
Amount of (Loss) Gain Recognized in OCI1 - Pre-Tax
 
Three Months Ended
September 30,
Nine Months Ended
September 30,
(In millions)
2019
2018
2019
2018
Derivatives designated as hedging instruments:
 
 
 
 
Cash flow hedges:
 
 
 
 
Commodity contracts
$
(2
)
$
(5
)
$
16

$
(4
)
Total derivatives designated as hedging instruments
(2
)
(5
)
16

(4
)
Total derivatives
$
(2
)
$
(5
)
$
16

$
(4
)

1. 
OCI is defined as other comprehensive income (loss).

 
Amount of Gain (Loss) Recognized in Income - Pre-Tax1
(In millions)
Three Months Ended
September 30,
Nine Months Ended
September 30,
 
2019
2018
2019
2018
Derivatives designated as hedging instruments:
 
 
 
 
Cash flow hedges:
 
 
 
 
Commodity contracts2
$
(1
)
$
(1
)
$
(13
)
$
6

Total derivatives designated as hedging instruments
(1
)
(1
)
(13
)
6

Derivatives not designated as hedging instruments:
 
 
 
 
Foreign currency contracts3
55

31

(11
)
27

Commodity contracts2
1

—

9

5

Total derivatives not designated as hedging instruments
56

31

(2
)
32

Total derivatives
$
55

$
30

$
(15
)
$
38


1. 
For cash flow hedges, this represents the portion of the gain (loss) reclassified from accumulated OCI into income during the period.
2. 
Recorded in cost of goods sold.
3. 
Gain recognized in other income - net was partially offset by the related gain on the foreign currency-denominated monetary assets and liabilities of the company's operations. See Note 9 - Supplementary Information, for additional information.