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Selected Quarterly Financial Data - Unaudited
12 Months Ended
Dec. 31, 2015
Selected Quarterly Financial Information [Abstract]  
Quarterly Financial Information [Text Block]
SELECTED QUARTERLY FINANCIAL DATA (UNAUDITED)
 
 
2015 Quarters
 
2014 Quarters
(dollars in millions,
   except per share amounts)
 
First

 
Second

 
Third

 
Fourth

 
First

 
Second

 
Third

 
Fourth

Net Sales
 
$
13,320

 
$
14,690

 
$
13,788

 
$
14,300

 
$
13,439

 
$
14,868

 
$
14,613

 
$
14,980

Gross margin
 
3,814

 
4,218

 
3,988

 
3,647

 
3,857

 
4,448

 
4,448

 
4,249

Net income attributable to common shareowners
 
1,426

 
1,542

 
1,362

 
3,278

 
1,213

 
1,680

 
1,854

 
1,473

Earnings per share of Common Stock:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Basic—net income
 
$
1.60

 
$
1.76

 
$
1.55

 
$
3.86

 
$
1.35

 
$
1.87

 
$
2.07

 
$
1.64

Diluted—net income
 
$
1.58

 
$
1.73

 
$
1.54

 
$
3.86

 
$
1.32

 
$
1.84

 
$
2.04

 
$
1.62


COMPARATIVE STOCK DATA (UNAUDITED)
 
 
2015
 
2014
(common stock)
 
High

 
Low

 
Dividend

 
High

 
Low

 
Dividend

First quarter
 
$
124.11

 
$
111.52

 
$
0.64

 
$
118.31

 
$
107.91

 
$
0.59

Second quarter
 
$
119.14

 
$
110.93

 
$
0.64

 
$
120.09

 
$
113.10

 
$
0.59

Third quarter
 
$
111.58

 
$
86.82

 
$
0.64

 
$
115.93

 
$
103.79

 
$
0.59

Fourth quarter
 
$
100.80

 
$
88.36

 
$
0.64

 
$
117.24

 
$
99.17

 
$
0.59


Our common stock is listed on the New York Stock Exchange. The high and low prices are based on the Composite Tape of the New York Stock Exchange. There were approximately 20,097 registered shareholders at January 31, 2016.