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Derivative Instruments and Hedging Activities (Tables)
12 Months Ended
Dec. 31, 2013
Derivative Instruments and Hedging Activities Disclosure [Abstract]  
Schedule of Other Derivatives Not Designated as Hedging Instruments, Statements of Financial Performance and Financial Position, Location
 
Year Ended
 
Six Months Ended
 
Year Ended
(In millions) 
December 31
 
December 31
 
June 30
 
2013
 
2012
 
2012
 
2011
 
2012
 
2011
 
 
 
(Unaudited) 
 
 
 
(Unaudited) 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Interest Contracts
 
 
 
 
 
 
 

 
 

 
 

Interest expense
$
0

 
$

 
$
0

 
$
0

 
$
0

 
$
0

Other income (expense) - net
1

 

 

 

 

 
30

Foreign Currency Contracts
 
 
 
 
 

 
 

 
 

 
 

Revenues
$
108

 
$
213

 
$
129

 
$
33

 
$
117

 
$
(14
)
Cost of products sold
(157
)
 
(188
)
 
(49
)
 
(116
)
 
(255
)
 
150

Other income (expense) - net
61

 
142

 
94

 
(69
)
 
(21
)
 
43

Commodity Contracts
 
 
 
 
 

 
 

 
 

 
 

Cost of products sold
$
301

 
$
(387
)
 
$
136

 
$
(4
)
 
$
(527
)
 
$
(1,303
)
Other Contracts
 
 
 
 
 

 
 

 
 

 
 

Other income (expense) - net
$

 
$
57

 
$
58

 
$

 
$
(1
)
 
$
0

Total gain(loss) recognized in earnings
$
314

 
$
(163
)
 
$
368

 
$
(156
)
 
$
(687
)
 
$
(1,094
)
 
December 31, 2013
 
December 31, 2012
 
Assets
 
Liabilities
 
Assets
 
Liabilities
 
(In millions)
 
 
 
 
 
 
 
 
Foreign Currency Contracts
$
118

 
$
166

 
$
170

 
$
215

Interest Contracts
1

 

 
1

 

Commodity Contracts
850

 
649

 
1,209

 
839

Total
$
969

 
$
815

 
$
1,380

 
$
1,054

Schedule Of Derivatives Designated As Hedging Instruments
 
 
Year Ended
 
Six Months Ended
 
Consolidated Statement of
December 31
 
December 31
(In millions)
Earnings Locations
2013
 
2012
 
2012
 
2011
 
 
 
 
(Unaudited)
 
 
 
(Unaudited)
Effective amounts recognized in earnings
 
 
 
 
 
 
 
FX Contracts
Other income/expense -net
$
(1
)
 
$
(1
)
 
$
(1
)
 
$
(1
)
Interest Contracts
Interest expense
1

 
1

 
0

 
0

Commodity Contracts
Cost of products sold
(41
)
 
152

 
158

 
11

 
Revenues
4

 
(3
)
 
2

 
8

 
 
 
 
 
 
 
 
 
Ineffective amount recognized in earnings
 
 
 
 
 

 
 

Interest contracts
Interest expense

 

 

 

Commodity contracts
Cost of products sold
(120
)
 
(20
)
 
(30
)
 
39

Total amount recognized in earnings
$
(157
)
 
$
129

 
$
129

 
$
57

 
 
 
 
 
 
 
 
 
 
 
Consolidated Statement of
 
 
 
 
Year Ended
June 30
(In millions)
Earnings Locations
 
 
 
 
2012
 
2011
 
 
 
 
 
 
 
 
 
Effective amounts recognized in earnings
 
 
 
 
 

 
 

FX Contracts
Other income/expense – net
 
 
 
 
$
(1
)
 
$
0

Interest Contracts
Interest expense
 
 
 
 
1

 
0

Commodity Contracts
Cost of products sold
 
 
 
 
5

 
375

 
Revenues
 
 
 
 
3

 
(13
)
 
 
 
 
 
 
 
 
 
Ineffective amount recognized in earnings
 
 
 
 
 

 
 

Interest contracts
Interest expense
 
 
 
 

 
1

Commodity contracts
Cost of products sold
 
 
 
 
49

 
46

Total amount recognized in earnings
 
 
 
 
$
57

 
$
409

 
December 31, 2013
 
December 31, 2012
 
Assets
 
Liabilities
 
Assets
 
Liabilities
 
(In millions)
 
 
 
 
 
 
 
 
Commodity Contracts
$

 
$

 
$
1

 
$
0

Interest Contracts
0

 
9

 

 

Total
$
0

 
$
9

 
$
1

 
$