Derivatives (Tables)

9 Months Ended

Sep. 30, 2011

Derivatives

Gain (loss) on derivative instruments designated as cash flow hedges

Three months ended September 30, 2011 (Millions)	Pretax Gain (Loss) Recognized in Other Comprehensive Income on Effective Portion of Derivative			Pretax Gain (Loss) Recognized in Income on Effective Portion of Derivative as a Result of Reclassification from Accumulated Other Comprehensive Income				Ineffective Portion of Gain (Loss) on Derivative and Amount Excluded from Effectiveness Testing Recognized in Income
Derivatives in Cash Flow Hedging Relationships	Amount			Location	Amount			Location	Amount
Foreign currency forward/option contracts	$	49		Cost of sales	$	(41	)	Cost of sales	$	—
Foreign currency forward contracts	(56		)	Interest expense	(56		)	Interest expense	—
Commodity price swap contracts	2			Cost of sales	—			Cost of sales	—
Interest rate swap contracts	(7		)	Interest expense	—			Interest expense	—
Total	$	(12	)		$	(97	)		$	—

Nine months ended September 30, 2011 (Millions)	Pretax Gain (Loss) Recognized in Other Comprehensive Income on Effective Portion of Derivative			Pretax Gain (Loss) Recognized in Income on Effective Portion of Derivative as a Result of Reclassification from Accumulated Other Comprehensive Income				Ineffective Portion of Gain (Loss) on Derivative and Amount Excluded from Effectiveness Testing Recognized in Income
Derivatives in Cash Flow Hedging Relationships	Amount			Location	Amount			Location	Amount
Foreign currency forward/option contracts	$	(12	)	Cost of sales	$	(75	)	Cost of sales	$	—
Foreign currency forward contracts	(55		)	Interest expense	(54		)	Interest expense	—
Commodity price swap contracts	—			Cost of sales	(4		)	Cost of sales	—
Interest rate swap contracts	(7		)	Interest expense	—			Interest expense	—
Total	$	(74	)		$	(133	)		$	—

Three months ended September 30, 2010 (Millions)	Pretax Gain (Loss) Recognized in Other Comprehensive Income on Effective Portion of Derivative			Pretax Gain (Loss) Recognized in Income on Effective Portion of Derivative as a Result of Reclassification from Accumulated Other Comprehensive Income				Ineffective Portion of Gain (Loss) on Derivative and Amount Excluded from Effectiveness Testing Recognized in Income
Derivatives in Cash Flow Hedging Relationships	Amount			Location	Amount			Location	Amount
Foreign currency forward/option contracts	$	(76	)	Cost of sales	$	5		Cost of sales	$	—
Foreign currency forward contracts	108			Interest expense	108			Interest expense	—
Commodity price swap contracts	(6		)	Cost of sales	(3		)	Cost of sales	—
Total	$	26			$	110			$	—

Nine months ended September 30, 2010 (Millions)	Pretax Gain (Loss) Recognized in Other Comprehensive Income on Effective Portion of Derivative			Pretax Gain (Loss) Recognized in Income on Effective Portion of Derivative as a Result of Reclassification from Accumulated Other Comprehensive Income				Ineffective Portion of Gain (Loss) on Derivative and Amount Excluded from Effectiveness Testing Recognized in Income
Derivatives in Cash Flow Hedging Relationships	Amount			Location	Amount			Location	Amount
Foreign currency forward/option contracts	$	(25	)	Cost of sales	$	(48	)	Cost of sales	$	—
Foreign currency forward contracts	41			Interest expense	41			Interest expense	—
Commodity price swap contracts	(13		)	Cost of sales	(6		)	Cost of sales	—
Total	$	3			$	(13	)

Gain (loss) on derivative instruments designated as fair value hedges

Three months ended September 30, 2011 (Millions)	Gain (Loss) on Derivative Recognized in Income			Gain (Loss) on Hedged Item Recognized in Income
Derivatives in Fair Value Hedging Relationships	Location	Amount		Location	Amount
Interest rate swap contracts	Interest expense	$	1	Interest expense	$	(1	)
Total		$	1		$	(1	)

Nine months ended September 30, 2011 (Millions)	Gain (Loss) on Derivative Recognized in Income				Gain (Loss) on Hedged Item Recognized in Income
Derivatives in Fair Value Hedging Relationships	Location	Amount			Location	Amount
Interest rate swap contracts	Interest expense	$	(7	)	Interest expense	$	7
Total		$	(7	)		$	7

Three months ended September 30, 2010 (Millions)	Gain (Loss) on Derivative Recognized in Income				Gain (Loss) on Hedged Item Recognized in Income
Derivatives in Fair Value Hedging Relationships	Location	Amount			Location	Amount
Interest rate swap contracts	Interest expense	$	(16	)	Interest expense	$	16
Total		$	(16	)		$	16

Nine months ended September 30, 2010 (Millions)	Gain (Loss) on Derivative Recognized in Income				Gain (Loss) on Hedged Item Recognized in Income
Derivatives in Fair Value Hedging Relationships	Location	Amount			Location	Amount
Interest rate swap contracts	Interest expense	$	(6	)	Interest expense	$	6
Total		$	(6	)		$	6

Gain (loss) on derivative and non-derivative instruments designated as net investment hedges

Three months ended September 30, 2011 (Millions) Derivative and Nonderivative Instruments in	Pretax Gain (Loss) Recognized as Cumulative Translation within Other Comprehensive Income on Effective Portion of Instrument		Ineffective Portion of Gain (Loss) on Instrument and Amount Excluded from Effectiveness Testing Recognized in Income
Net Investment Hedging Relationships	Amount		Location	Amount
Foreign currency denominated debt	$	85	N/A	$	—
Total	$	85		$	—

Nine months ended September 30, 2011 (Millions) Derivative and Nonderivative Instruments in	Pretax Gain (Loss) Recognized as Cumulative Translation within Other Comprehensive Income on Effective Portion of Instrument			Ineffective Portion of Gain (Loss) on Instrument and Amount Excluded from Effectiveness Testing Recognized in  Income
Net Investment Hedging Relationships	Amount			Location	Amount
Foreign currency denominated debt	$	(35	)	N/A	$	—
Total	$	(35	)		$	—

Three months ended September 30, 2010 (Millions) Derivative and Nonderivative Instruments in	Pretax Gain (Loss) Recognized as Cumulative Translation within Other Comprehensive Income on Effective Portion of Instrument			Ineffective Portion of Gain (Loss) on Instrument and Amount Excluded from Effectiveness Testing Recognized in Income
Net Investment Hedging Relationships	Amount			Location	Amount
Foreign currency denominated debt	$	(148	)	N/A	$	—
Total	$	(148	)		$	—

Nine months ended September 30, 2010 (Millions) Derivative and Nonderivative Instruments in	Pretax Gain (Loss) Recognized as Cumulative Translation within Other Comprehensive Income on Effective Portion of Instrument		Ineffective Portion of Gain (Loss) on Instrument and Amount Excluded from Effectiveness Testing Recognized in Income
Net Investment Hedging Relationships	Amount		Location	Amount
Foreign currency denominated debt	$	77	N/A	$	—
Total	$	77		$	—

Gain (loss) on derivative instruments not designated as hedging instruments

(Millions)	Three months ended Sept. 30, 2011 Gain (Loss) on Derivative Recognized in Income			Nine months ended Sept. 30, 2011 Gain (Loss) on Derivative Recognized in Income
Derivatives Not Designated as Hedging Instruments	Location	Amount		Location	Amount
Foreign currency forward/option contracts	Cost of sales	$	32	Cost of sales	$	4
Foreign currency forward contracts	Interest expense	6		Interest expense	18
Total		$	38		$	22

(Millions)	Three months ended Sept. 30, 2010 Gain (Loss) on Derivative Recognized in Income				Nine months ended Sept. 30, 2010 Gain (Loss) on Derivative Recognized in Income
Derivatives Not Designated as Hedging Instruments	Location	Amount			Location	Amount
Foreign currency forward/option contracts	Cost of sales	$	(38	)	Cost of sales	$	(12	)
Foreign currency forward contracts	Interest expense	(7		)	Interest expense	(18		)
Total		$	(45	)		$	(30	)

Location and Fair Value of Derivative Instruments

September 30, 2011 (Millions)	Assets			Liabilities
Fair Value of Derivative Instruments	Location	Amount		Location	Amount
Derivatives designated as hedging instruments
Foreign currency forward/option contracts	Other current assets	$	65	Other current liabilities	$	31
Commodity price swap contracts	Other current assets	—		Other current liabilities	4
Interest rate swap contracts	Other assets	31		Other liabilities	—
Total derivatives designated as hedging instruments		$	96		$	35
Derivatives not designated as hedging instruments
Foreign currency forward/option contracts	Other current assets	$	18	Other current liabilities	$	11
Total derivatives not designated as hedging instruments		$	18		$	11
Total derivative instruments		$	114		$	46

December 31, 2010 (Millions)	Assets			Liabilities
Fair Value of Derivative Instruments	Location	Amount		Location	Amount
Derivatives designated as hedging instruments
Foreign currency forward/option contracts	Other current assets	$	26	Other current liabilities	$	48
Commodity price swap contracts	Other current assets	—		Other current liabilities	5
Interest rate swap contracts	Other assets	39		Other liabilities	—
Total derivatives designated as hedging instruments		$	65		$	53
Derivatives not designated as hedging instruments
Foreign currency forward/option contracts	Other current assets	$	12	Other current liabilities	$	34
Total derivatives not designated as hedging instruments		$	12		$	34
Total derivative instruments		$	77		$	87