Financial Instruments and Fair Value Measures (Tables)

6 Months Ended

Jun. 30, 2011

Financial Instruments And Fair Value Measures (Tables) [Abstract]

Fair Value Assets and Liabilities on a Recurring Basis

		June 30,		December 31,
		2011		2010
Assets:
Foreign currency exchange contracts	$	56	$	16
Available for sale investments		399		322
Interest rate swap agreements		55		22
Forward commodity contracts		3		2
Liabilities:
Foreign currency exchange contracts	$	48	$	14
Forward commodity contracts		-		2

Fair Value by Balance Sheet Grouping

	June 30, 2011				December 31, 2010
	Carrying		Fair		Carrying		Fair
	Value		Value		Value		Value
Assets
Long-term receivables	$	136	$	130	$	203	$	199
Liabilities
Long-term debt and related current maturities	$	7,304	$	7,864	$	6,278	$	6,835

Asset and Liability Derivatives Both Designated and Not Designated as Hedging Instruments at Fair Value

Fair value of derivatives classified as assets consist of the following:
			June 30,		December 31,
Designated as a Hedge	Balance Sheet Classification		2011		2010
Foreign currency exchange contracts	Accounts, notes, and other receivables	$	53	$	10
Interest rate swap agreements	Other assets		55		22
Commodity contracts	Accounts, notes, and other receivables		3		2
			June 30,		December 31,
Not Designated as a Hedge	Balance Sheet Classification		2011		2010
Foreign currency exchange contracts	Accounts, notes, and other receivables	$	3	$	6
Fair value of derivatives classified as liabilities consist of the following:
			June 30,		December 31,
Designated as a Hedge	Balance Sheet Classification		2011		2010
Foreign currency exchange contracts	Accrued liabilities	$	43	$	9
Commodity contracts	Accrued liabilities		-		2
			June 30,		December 31,
Not Designated as a Hedge	Balance Sheet Classification		2011		2010
Foreign currency exchange contracts	Accrued liabilities	$	5	$	5

Gains (losses) recognized in OCI and reclassified from AOCI to income

Gains (losses) recognized in OCI (effective portions) consist of the following:
		Three Months Ended				Six Months Ended
		June, 30				June, 30
Designated Cash Flow Hedge		2011		2010		2011		2010
Foreign currency exchange contracts	$	8	$	(12)	$	16	$	8
Commodity contracts		(1)		(1)		2		(3)

Gains (losses) reclassified from AOCI to income consist of the following:
			Three Months Ended				Six Months Ended
Designated			June 30,				June 30,
Cash Flow Hedge	Income Statement Location		2011		2010		2011		2010
Foreign currency exchange contracts	Product sales	$	10	$	(3)	$	16	$	(6)
	Cost of products sold		(11)		7		(16)		9
	Sales & general administrative		4		(4)		6		(3)
Commodity contracts	Cost of products sold	$	1	$	(2)	$	0	$	(3)