XML 64 R2.htm IDEA: XBRL DOCUMENT v2.4.0.8
Consolidated Statement of Operations (USD $)
In Millions, except Per Share data, unless otherwise specified
12 Months Ended
Dec. 31, 2013
Dec. 31, 2012
Dec. 31, 2011
Net Sales:      
Product sales $ 45,253 $ 40,729 $ 38,882
Service sales 17,373 16,979 16,872
Total net sales 62,626 57,708 55,754
Costs and Expenses:      
Cost of products sold 34,063 31,094 29,252
Cost of services sold 11,258 11,059 11,117
Research and development 2,529 2,371 1,951
Selling, general and administrative 6,718 6,452 6,161
Total costs and expenses 54,568 50,976 48,481
Other income, net 1,151 952 573
Operating profit 9,209 7,684 7,846
Interest expense, net 897 773 496
Income from continuing operations before income taxes 8,312 6,911 7,350
Income tax expense 2,238 1,711 2,134
Net income from continuing operations 6,074 5,200 5,216
Less: Noncontrolling interest in subsidiaries' earnings from continuing operations 388 353 385
Income from continuing operations attributable to common shareowners 5,686 4,847 4,831
Discontinued operations (Note 3):      
Income (loss) from operations 63 (998) 255
(Loss) gain on disposal (33) 2,030 0
Income tax benefit (expense) 5 (742) (97)
Net income from discontinued operations 35 290 158
Less: Noncontrolling interest in subsidiaries' earnings from discontinued operations 0 7 10
Income from discontinued operations attributable to common shareowners 35 283 148
Net income attributable to common shareowners $ 5,721 $ 5,130 $ 4,979
Earnings Per Share of Common Stock - Basic:      
Net income from continuing operations attributable to common shareowners $ 6.31 $ 5.41 $ 5.41
Net income attributable to common shareowners $ 6.35 $ 5.73 $ 5.58
Earnings Per Share of Common Stock - Diluted:      
Net income from continuing operations attributable to common shareowners $ 6.21 $ 5.35 $ 5.33
Net income attributable to common shareowners $ 6.25 $ 5.66 $ 5.49
Dividends Per Share of Common Stock $ 2.195 $ 2.030 $ 1.865
Weighted average number of shares outstanding:      
Basic shares 901.0 895.2 892.3
Diluted shares 915.1 906.6 906.8