Derivatives - Not Designated (Details) - Derivatives not designated as hedging instruments - USD ($) $ in Millions |
3 Months Ended | 6 Months Ended | ||
---|---|---|---|---|
Jun. 30, 2016 |
Jun. 30, 2015 |
Jun. 30, 2016 |
Jun. 30, 2015 |
|
Derivatives not designated as hedging instruments | ||||
Gain (Loss) on Derivative Recognized in income | $ 48 | $ (60) | $ 36 | $ 29 |
Foreign currency forward/option contracts | Cost of sales | ||||
Derivatives not designated as hedging instruments | ||||
Gain (Loss) on Derivative Recognized in income | (1) | 1 | (6) | 5 |
Foreign currency forward contracts | Interest expense | ||||
Derivatives not designated as hedging instruments | ||||
Gain (Loss) on Derivative Recognized in income | $ 49 | $ (61) | $ 42 | 28 |
Commodity price swap contracts | Cost of sales | ||||
Derivatives not designated as hedging instruments | ||||
Gain (Loss) on Derivative Recognized in income | $ (4) |