FINANCIAL INSTRUMENTS AND FAIR VALUE MEASURES (Tables)

9 Months Ended

Sep. 30, 2012

Financial Instruments And Fair Value Measures [Abstract]

Fair Value Assets and Liabilities on a Recurring Basis

		September 30,		December 31,
		2012		2011
Assets:
Foreign currency exchange contracts	$	26	$	26
Available for sale investments		528		359
Interest rate swap agreements		156		134
Forward commodity contracts		1		1
Liabilities:
Foreign currency exchange contracts	$	33	$	52
Forward commodity contracts		1		10

Financial assets and liabilities that were not carried at fair value

	September 30, 2012				December 31, 2011
	Carrying		Fair		Carrying		Fair
	Value		Value		Value		Value
Assets
Long-term receivables	$	194	$	194	$	132	$	132
Liabilities
Long-term debt and related current maturities	$	7,015	$	8,223	$	6,896	$	7,896

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:
			September 30,		December 31,
Designated as a Hedge	Balance Sheet Classification		2012		2011
Foreign currency exchange contracts	Accounts, notes, and other receivables	$	25	$	18
Interest rate swap agreements	Other assets		156		134
Commodity contracts	Accounts, notes, and other receivables		1		1
			September 30,		December 31,
Not Designated as a Hedge	Balance Sheet Classification		2012		2011
Foreign currency exchange contracts	Accounts, notes, and other receivables	$	1	$	8
Fair value of derivatives classified as liabilities consist of the following:
			September 30,		December 31,
Designated as a Hedge	Balance Sheet Classification		2012		2011
Foreign currency exchange contracts	Accrued liabilities	$	29	$	50
Commodity contracts	Accrued liabilities		1		10
			September 30,		December 31,
Not Designated as a Hedge	Balance Sheet Classification		2012		2011
Foreign currency exchange contracts	Accrued liabilities	$	4	$	2

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

Gains (losses) recognized in other comprehensive income (effective portions) consist of the following:
		Three Months Ended				Nine Months Ended
		September, 30				September, 30
Designated Cash Flow Hedge		2012		2011		2012		2011
Foreign currency exchange contracts	$	35	$	(30)	$	24	$	(18)
Commodity contracts		1		(4)		(8)		(2)

Gains (losses) reclassified from accumulated other comprehensive income to income consist of the following:
			Three Months Ended				Nine Months Ended
Designated			September 30,				September 30,
Cash Flow Hedge	Income Statement Location		2012		2011		2012		2011
Foreign currency exchange contracts	Product sales	$	(2)	$	10	$	(11)	$	26
	Cost of products sold		12		(8)		19		(24)
	Sales & general administrative		(1)		(2)		(4)		4
Commodity contracts	Cost of products sold	$	(4)	$	1	$	(17)	$	1