FINANCIAL INSTRUMENTS - Schedule of Financial Statement Effects - Economic Hedges (Details) - Not Designated as Hedging Instrument - USD ($) $ in Millions |
3 Months Ended | 6 Months Ended | ||
---|---|---|---|---|
Jun. 30, 2017 |
Jun. 30, 2016 |
Jun. 30, 2017 |
Jun. 30, 2016 |
|
Derivative Instruments and Hedging Activities Disclosures [Line Items] | ||||
Change in fair value of economic hedge increase (decrease) | $ 979 | $ 157 | $ 641 | $ (122) |
Change in carrying amount of item being hedged increase (decrease) | (1,180) | (286) | (956) | (198) |
Earnings (loss) effect | $ (200) | $ (130) | $ (315) | $ (321) |