Derivatives (Tables)

12 Months Ended

Dec. 31, 2015

Derivatives

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

Year Ended December 31, 2015

			Pretax Gain (Loss) Recognized in
	Pretax Gain (Loss)		Income on Effective Portion of			Ineffective Portion of Gain
	Recognized in Other		Derivative as a Result of			(Loss) on Derivative and
	Comprehensive		Reclassification from			Amount Excluded from
	Income on Effective		Accumulated Other			Effectiveness Testing
(Millions)	Portion of Derivative		Comprehensive Income			Recognized in Income
Derivatives in Cash Flow Hedging Relationships	Amount		Location	Amount		Location	Amount
Foreign currency forward/option contracts	$	212	Cost of sales	$	178	Cost of sales	$	—
Commodity price swap contracts		—	Cost of sales		(2)	Cost of sales		—
Interest rate swap contracts		—	Interest expense		(2)	Interest expense		—
Total	$	212		$	174		$	—

Year Ended December 31, 2014

			Pretax Gain (Loss) Recognized in
	Pretax Gain (Loss)		Income on Effective Portion of			Ineffective Portion of Gain
	Recognized in Other		Derivative as a Result of			(Loss) on Derivative and
	Comprehensive		Reclassification from			Amount Excluded from
	Income on Effective		Accumulated Other			Effectiveness Testing
(Millions)	Portion of Derivative		Comprehensive Income			Recognized in Income
Derivatives in Cash Flow Hedging Relationships	Amount		Location	Amount		Location	Amount
Foreign currency forward/option contracts	$	183	Cost of sales	$	3	Cost of sales	$	—
Commodity price swap contracts		(4)	Cost of sales		2	Cost of sales		—
Interest rate swap contracts		(8)	Interest expense		(1)	Interest expense		—
Total	$	171		$	4		$	—

Year Ended December 31, 2013

			Pretax Gain (Loss) Recognized in
	Pretax Gain (Loss)		Income on Effective Portion of			Ineffective Portion of Gain
	Recognized in Other		Derivative as a Result of			(Loss) on Derivative and
	Comprehensive		Reclassification from			Amount Excluded from
	Income on Effective		Accumulated Other			Effectiveness Testing
(Millions)	Portion of Derivative		Comprehensive Income			Recognized in Income
Derivatives in Cash Flow Hedging Relationships	Amount		Location	Amount		Location	Amount
Foreign currency forward/option contracts	$	9	Cost of sales	$	(11)	Cost of sales	$	—
Foreign currency forward contracts		(108)	Interest expense		(108)	Interest expense		—
Commodity price swap contracts		1	Cost of sales		(2)	Cost of sales		—
Interest rate swap contracts		—	Interest expense		(1)	Interest expense		—
Total	$	(98)		$	(122)		$	—

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

Year ended December 31, 2015	Gain (Loss) on Derivative			Gain (Loss) on Hedged Item
(Millions)	Recognized in Income			Recognized in Income
Derivatives in Fair Value Hedging Relationships	Location	Amount		Location	Amount
Interest rate swap contracts	Interest expense	$	(2)	Interest expense	$	2
Total		$	(2)		$	2

Year ended December 31, 2014	Gain (Loss) on Derivative			Gain (Loss) on Hedged Item
(Millions)	Recognized in Income			Recognized in Income
Derivatives in Fair Value Hedging Relationships	Location	Amount		Location	Amount
Interest rate swap contracts	Interest expense	$	11	Interest expense	$	(11)
Total		$	11		$	(11)

Year ended December 31, 2013	Gain (Loss) on Derivative			Gain (Loss) on Hedged Item
(Millions)	Recognized in Income			Recognized in Income
Derivatives in Fair Value Hedging Relationships	Location	Amount		Location	Amount
Interest rate swap contracts	Interest expense	$	(21)	Interest expense	$	21
Total		$	(21)		$	21

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

Year ended December 31, 2015

	Pretax Gain (Loss)
	Recognized as
	Cumulative Translation
	within Other		Ineffective Portion of Gain (Loss) on
	Comprehensive Income		Instrument and Amount Excluded
Derivative and Nonderivative Instruments in Net Investment Hedging	on Effective Portion of		from Effectiveness Testing
Relationships	Instrument		Recognized in Income
(Millions)	Amount		Location	Amount
Foreign currency denominated debt	$	63	N/A	$	—
Foreign currency forward contracts		143	Cost of sales		11
Total	$	206		$	11

Year ended December 31, 2014

	Pretax Gain (Loss)
	Recognized as
	Cumulative Translation
	within Other		Ineffective Portion of Gain (Loss) on
	Comprehensive Income		Instrument and Amount Excluded
Derivative and Nonderivative Instruments in Net Investment Hedging	on Effective Portion of		from Effectiveness Testing
Relationships	Instrument		Recognized in Income
(Millions)	Amount		Location	Amount
Foreign currency denominated debt	$	152	N/A	$	—
Foreign currency forward contracts		94	Cost of sales		1
Total	$	246		$	1

Year ended December 31, 2013

	Pretax Gain (Loss)
	Recognized as
	Cumulative Translation
	within Other		Ineffective Portion of Gain (Loss) on
	Comprehensive Income		Instrument and Amount Excluded
Derivative and Nonderivative Instruments in Net Investment Hedging	on Effective Portion of		from Effectiveness Testing
Relationships	Instrument		Recognized in Income
(Millions)	Amount		Location	Amount
Foreign currency denominated debt	$	(82)	N/A	$	—
Foreign currency forward contracts		12	Cost of sales		—
Total	$	(70)		$	—

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

The location in the consolidated statements of income and amounts of gains and losses related to derivative instruments not designated as hedging instruments are as follows:

	Gain (Loss) on Derivative Recognized in Income
			Year ended		Year ended		Year ended
			December 31,		December 31,		December 31,
Derivatives Not Designated as Hedging Instruments			2015		2014		2013
(Millions)	Location		Amount		Amount		Amount
Foreign currency forward/option contracts	Cost of sales	$	5	$	10	$	20
Foreign currency forward contracts	Interest expense		(30)		(40)		(43)
Commodity price swap contracts	Cost of sales		(3)		—		(1)
Total		$	(28)	$	(30)	$	(24)

Location and Fair Value of Derivative Instruments

	Gross		Assets			Liabilities
December 31, 2015	Notional			Fair			Fair
(Millions)	Amount		Location	Value Amount		Location	Value Amount
Derivatives designated as
hedging instruments
Foreign currency forward/option contracts	$	2,815	Other current assets	$	148	Other current liabilities	$	14
Foreign currency forward/option contracts		1,240	Other assets		61	Other liabilities		3
Interest rate swap contracts		1,753	Other assets		24	Other liabilities		1
Total derivatives designated as hedging instruments				$	233		$	18
Derivatives not designated as
hedging instruments
Foreign currency forward/option contracts	$	5,359	Other current assets	$	63	Other current liabilities	$	51
Total derivatives not designated as hedging instruments				$	63		$	51
Total derivative instruments				$	296		$	69

	Gross		Assets			Liabilities
December 31, 2014	Notional			Fair			Fair
(Millions)	Amount		Location	Value Amount		Location	Value Amount
Derivatives designated as
hedging instruments
Foreign currency forward/option contracts	$	1,865	Other current assets	$	116	Other current liabilities	$	2
Foreign currency forward/option contracts		656	Other assets		47	Other liabilities		1
Commodity price swap contracts		20	Other current assets		—	Other current liabilities		4
Interest rate swap contracts		1,003	Other assets		27	Other liabilities		3
Total derivatives designated as hedging instruments				$	190		$	10
Derivatives not designated as
hedging instruments
Foreign currency forward/option contracts	$	6,582	Other current assets	$	66	Other current liabilities	$	33
Total derivatives not designated as hedging instruments				$	66		$	33
Total derivative instruments				$	256		$	43

Offsetting Assets

Offsetting of Financial Assets under Master Netting Agreements with Derivative Counterparties

December 31, 2015			Gross Amounts not Offset in the
			Consolidated Balance Sheet that are Subject
	Gross Amount of		to Master Netting Agreements
	Derivative Assets		Gross Amount of
	Presented in the		Eligible Offsetting
	Consolidated		Recognized		Cash Collateral		Net Amount of
(Millions)	Balance Sheet		Derivative Liabilities		Received		Derivative Assets
Derivatives subject to master netting agreements	$	296	$	37	$	—	$	259
Derivatives not subject to master netting agreements		—						—
Total	$	296					$	259

December 31, 2014			Gross Amounts not Offset in the
			Consolidated Balance Sheet that are Subject
	Gross Amount of		to Master Netting Agreements
	Derivative Assets		Gross Amount of
	Presented in the		Eligible Offsetting
	Consolidated		Recognized		Cash Collateral		Net Amount of
(Millions)	Balance Sheet		Derivative Liabilities		Received		Derivative Assets
Derivatives subject to master netting agreements	$	256	$	20	$	—	$	236
Derivatives not subject to master netting agreements		—						—
Total	$	256					$	236

Offsetting Liabilities

Offsetting of Financial Liabilities under Master Netting Agreements with Derivative Counterparties

December 31, 2015			Gross Amounts not Offset in the
			Consolidated Balance Sheet that are Subject
	Gross Amount of		to Master Netting Agreements
	Derivative Liabilities		Gross Amount of
	Presented in the		Eligible Offsetting
	Consolidated		Recognized		Cash Collateral		Net Amount of
(Millions)	Balance Sheet		Derivative Assets		Pledged		Derivative Liabilities
Derivatives subject to master netting agreements	$	64	$	37	$	—	$	27
Derivatives not subject to master netting agreements		5						5
Total	$	69					$	32

December 31, 2014			Gross Amounts not Offset in the
			Consolidated Balance Sheet that are Subject
	Gross Amount of		to Master Netting Agreements
	Derivative Liabilities		Gross Amount of
	Presented in the		Eligible Offsetting
	Consolidated		Recognized		Cash Collateral		Net Amount of
(Millions)	Balance Sheet		Derivative Assets		Pledged		Derivative Liabilities
Derivatives subject to master netting agreements	$	36	$	20	$	—	$	16
Derivatives not subject to master netting agreements		7						7
Total	$	43					$	23