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Condensed Consolidated Statement of Operations Condensed Consolidated Statement of Operations - USD ($)
$ in Millions
3 Months Ended 9 Months Ended
Sep. 30, 2015
Sep. 30, 2014
Sep. 30, 2015
Sep. 30, 2014
Net Sales:        
Product Sales $ 9,642 $ 10,250 $ 29,725 $ 30,834
Service Sales 4,146 4,363 12,073 12,086
Total net sales 13,788 14,613 41,798 42,920
Costs and Expenses:        
Cost of products sold 7,114 7,342 21,952 22,415
Cost of services sold 2,686 2,823 7,826 7,752
Research and development 546 640 1,668 1,851
Selling, general and administrative 1,359 1,501 4,261 4,552
Total costs and expenses 11,705 12,306 35,707 36,570
Other income, net 219 305 808 963
Operating profit 2,302 2,612 6,899 7,313
Interest expense, net 184 185 618 615
Income from continuing operations before income taxes 2,118 2,427 6,281 6,698
Income tax expense 592 575 1,748 1,610
Net Income from continuing operations 1,526 1,852 4,533 5,088
Less: Noncontrolling interest in subsidiaries' earnings from continuing operations 100 97 281 300
Income from continuing operations attributable to common shareowners 1,426 1,755 4,252 4,788
Discontinued operations (Note 2:)        
Income (loss) from operations 27 133 284 (116)
Transaction related expenses (38) 0 (66) 0
Income tax (expense) benefit 54 33 140 (76)
Income (loss) from discontinued operations (65) 100 78 (40)
Less: Noncontrolling interest in subsidiaries' earnings from discontinued operations (1) 1 0 1
Income (loss) from discontinued operations attributable to common shareowners (64) 99 78 (41)
Net income attributable to common shareowners $ 1,362 $ 1,854 $ 4,330 $ 4,747
Earnings Per Share of Common Stock - Basic:        
Income from continuing operations attributable to common shareowners $ 1.63 $ 1.96 $ 4.82 $ 5.32
Net income attributable to common shareowners 1.55 2.07 4.91 5.28
Earnings Per Share of Common Stock - Diluted:        
Income from continuing operations attributable to common shareowners 1.61 1.93 4.76 5.24
Net income attributable to common shareowners $ 1.54 $ 2.04 $ 4.85 $ 5.20