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Consolidated Statement of Operations - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2016
Dec. 31, 2015
Dec. 31, 2014
Net Sales:      
Product sales $ 40,735 $ 39,801 $ 41,545
Service sales 16,509 16,297 16,355
Net Sales 57,244 56,098 57,900
Costs and Expenses:      
Cost of products sold 30,325 29,771 30,367
Cost of services sold 11,135 10,660 10,531
Research and development 2,337 2,279 2,475
Selling, general and administrative 6,060 5,886 6,172
Total costs and expenses 49,857 48,596 49,545
Other Income 785   1,238
Other Expenses   211  
Operating profit 8,172 7,291 9,593
Interest Expense, net 1,039 824 881
Income from continuing operations before income taxes 7,133 6,467 8,712
Income tax expense 1,697 2,111 2,244
Net income from continuing operations 5,436 4,356 6,468
Less: Noncontrolling interest in subsidiaries' earnings from continuing operations 371 360 402
Income from continuing operations attributable to common shareowners 5,065 3,996 6,066
Discontinued operations (Note 3):      
Income from operations 1 252 175
Gain on disposal 13 6,042 0
Income tax expense 24 2,684 20
Net (loss) income from discontinued operations (10) 3,610 155
Less: Noncontrolling interest in subsidiaries' earnings (loss) from discontinued operations 0 (2) 1
(Loss) Income from discontinued operations attributable to common shareowners (10) 3,612 154
Net income attributable to common shareowners $ 5,055 $ 7,608 $ 6,220
Earnings Per Share of Common Stock - Basic:      
Net income from continuing operations attributable to common shareowners $ 6.19 $ 4.58 $ 6.75
Net income attributable to common shareowners 6.18 8.72 6.92
Earnings Per Share of Common Stock - Diluted:      
Net income from continuing operations attributable to common shareowners 6.13 4.53 6.65
Net income attributable to common shareowners 6.12 8.61 6.82
Dividends Per Share of Common Stock $ 2.62 $ 2.56 $ 2.36
Weighted average number of shares outstanding:      
Basic shares 818,200,000.0 872,700,000.0 898,300,000.0
Diluted shares 826,100,000 883,200,000 911,600,000