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DERIVATIVE INSTRUMENTS AND HEDGING TRANSACTIONS (Tables)
12 Months Ended
Dec. 31, 2021
Derivative Instruments and Hedging Activities Disclosure [Abstract]  
Schedule of Derivative Instruments in Statement of Financial Position, Fair Value [Table Text Block]
NotionalFair Value AssetFair Value (Liability)
December 31, 2021December 31, 2020December 31, 2021December 31, 2020December 31, 2021December 31, 2020
Derivatives in Fair Value Hedging Relationships:   
Interest rate swap agreements$3,150 $3,950 $60 $194 $— $— 
Derivatives in Cash Flow Hedging Relationships:
Foreign currency exchange contracts647 488 65 — (58)
Derivatives in Net Investment Hedging Relationships:
Foreign currency exchange contracts746 806 92 45 — (1)
Cross currency swap agreements1,200 1,200 39 — — (50)
Total Derivatives Designated as Hedging Instruments5,743 6,444 195 304  (109)
Derivatives Not Designated as Hedging Instruments:
Foreign currency exchange contracts11,278 14,829 278 92 (282)(91)
Total Derivatives at Fair Value$17,021 $21,273 $473 $396 $(282)$(200)
All derivative assets are presented in Other current assets or Other assets. All derivative liabilities are presented in Accrued liabilities or Other liabilities.
Schedule of Derivative Instruments [Table Text Block]
Line in the Consolidated Balance Sheet of Hedged ItemCarrying Amount
of the Hedged Item
Cumulative Amount of
Fair Value Hedging Adjustment
Included in the Carrying
Amount of the Hedged Item
December 31, 2021December 31, 2020December 31, 2021December 31, 2020
Long-term debt$3,210 $4,144 $60 $194 
Derivative Instruments, Gain (Loss) [Table Text Block]
The following tables summarize the location and impact to the Consolidated Statement of Operations related to derivative instruments:
 Year Ended December 31, 2021
Net SalesCost of
Products Sold
Cost of
Services Sold
Selling, general and administrative expensesOther
(Income)
Expense
Interest and Other
Financial Charges
$34,392 $18,344 $5,050 $4,798 $(1,378)$343 
Gain or (loss) on cash flow hedges:
Foreign Currency Exchange Contracts:
Amount reclassified from accumulated other comprehensive income into income— — 
Gain or (loss) on fair value hedges:
Interest Rate Swap Agreements:
Hedged items— — — — — 135 
Derivatives designated as hedges— — — — — (135)
Gain or (loss) on net investment hedges:
Foreign Currency Exchange Contracts:
Amount excluded from effectiveness testing recognized in earnings using an amortization approach— — — — — 16 
Gain or (loss) on derivatives not designated as hedging instruments: 
Foreign currency exchange contracts— — — — 195 — 
 Year Ended December 31, 2020
Net SalesCost of
Products Sold
Cost of Services SoldSelling, general and administrative expensesOther
(Income)
Expense
Interest and Other
Financial Charges
$32,637 $17,638 $4,531 $4,772 $(675)$359 
Gain or (loss) on cash flow hedges:
Foreign Currency Exchange Contracts:
Amount reclassified from accumulated other comprehensive income into income(3)43 11 (4)28 — 
Amount excluded from effectiveness testing recognized in earnings using an amortization approach— 10 — 29 — 
Gain or (loss) on fair value hedges:
Interest Rate Swap Agreements:
Hedged items— — — — — (169)
Derivatives designated as hedges— — — — — 169 
Gain or (loss) on net investment hedges:
Foreign Currency Exchange Contracts:
Amount excluded from effectiveness testing recognized in earnings using an amortization approach— — — — — 18 
Gain or (loss) on derivatives not designated as hedging instruments:
Foreign currency exchange contracts— — — — (166)— 
 Year Ended December 31, 2019
Net SalesCost of
Products Sold
Cost of Services SoldSelling, general and administrative expensesOther
(Income)
Expense
Interest and Other
Financial Charges
$36,709 $19,269 $5,070 $5,519 $(1,065)$357 
Gain or (loss) on cash flow hedges:
Foreign Currency Exchange Contracts:
Amount reclassified from accumulated other comprehensive income into income35 73 — 
Amount excluded from effectiveness testing recognized in earnings using an amortization approach— 16 — 35 — 
Gain or (loss) on fair value hedges:
Interest Rate Swap Agreements:
Hedged items— — — — — (70)
Derivatives designated as hedges— — — — — 70 
Gain or (loss) on net investment hedges:
Foreign Currency Exchange Contracts:
Amount excluded from effectiveness testing recognized in earnings using an amortization approach— — — — — 19 
Gain or (loss) on derivatives not designated as hedging instruments:
Foreign currency exchange contracts— — — — 106 — 
Derivative Instruments Gain Loss Recognized In AOCI [Table Text Block] The following table summarizes the amounts of gain or (loss) on net investment hedges recognized in Accumulated other comprehensive income (loss):
Derivatives Net Investment Hedging RelationshipsYears Ended December 31,
20212020
Euro-denominated long-term debt$284 $(256)
Euro-denominated commercial paper57 (8)
Cross currency swap88 (109)
Foreign currency exchange contracts40 (94)