XML 27 R2.htm IDEA: XBRL DOCUMENT v3.3.1.900
Consolidated Statement of Operations - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2015
Dec. 31, 2014
Dec. 31, 2013
Net Sales:      
Product sales $ 39,801 $ 41,545 $ 40,500
Service sales 16,297 16,355 16,100
Net Sales 56,098 57,900 56,600
Costs and Expenses:      
Cost of products sold 29,771 30,367 30,051
Cost of services sold 10,660 10,531 10,417
Research and development 2,279 2,475 2,342
Selling, general and administrative 5,886 6,172 6,364
Total costs and expenses 48,596 49,545 49,174
Other (expense) income, net (211)    
Other (expense) income, net   1,238 1,123
Operating profit 7,291 9,593 8,549
Interest expense, net (824) (881) (895)
Income from continuing operations before income taxes 6,467 8,712 7,654
Income tax expense 2,111 2,244 1,999
Net income from continuing operations 4,356 6,468 5,655
Less: Noncontrolling interest in subsidiaries' earnings from continuing operations 360 402 390
Income from continuing operations attributable to common shareowners 3,996 6,066 5,265
Discontinued operations (Note 3):      
Income from operations 252 175 721
Gain (loss) on disposal (6,042) 0 33
Income tax expense 2,684 20 234
Income from discontinued operations 3,610 155 454
Less: Noncontrolling interest in subsidiaries' earnings (loss) from discontinued operations (2) 1 (2)
Income from discontinued operations attributable to common shareowners 3,612 154 456
Net income attributable to common shareowners $ 7,608 $ 6,220 $ 5,721
Earnings Per Share of Common Stock - Basic:      
Net income from continuing operations attributable to common shareowners $ 4.58 $ 6.75 $ 5.84
Net income attributable to common shareowners 8.72 6.92 6.35
Earnings Per Share of Common Stock - Diluted:      
Net income from continuing operations attributable to common shareowners 4.53 6.65 5.75
Net income attributable to common shareowners 8.61 6.82 6.25
Dividends Per Share of Common Stock $ 2.560 $ 2.360 $ 2.195
Weighted average number of shares outstanding:      
Basic shares 872,700,000.0 898,300,000.0 901,000,000
Diluted shares 883,200,000 911,600,000 915,100,000