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Condensed Consolidated Statement of Operations Condensed Consolidated Statement of Operations - USD ($)
$ in Millions
3 Months Ended
Mar. 31, 2017
Mar. 31, 2016
Net Sales:    
Product Sales $ 9,637 $ 9,419
Service Sales 4,178 3,938
Total net sales 13,815 13,357
Costs and Expenses:    
Cost of products sold 7,263 7,087
Cost of services sold 2,814 2,567
Research and development 577 541
Selling, general and administrative 1,482 1,363
Total costs and expenses 12,136 11,558
Other income, net 588 146
Operating profit 2,267 1,945
Interest expense, net 213 223
Income from continuing operations before income taxes 2,054 1,722
Income tax expense 586 469
Net Income from continuing operations 1,468 1,253
Less: Noncontrolling interest in subsidiaries' earnings from continuing operations 82 81
Income from continuing operations attributable to common shareowners 1,386 1,172
Discontinued operations (Note 2):    
Gain on disposal 0 18
Income tax expense 0 7
Income (loss) from discontinued operations 0 11
Income from discontinued operations attributable to common shareowners 0 11
Net income attributable to common shareowners $ 1,386 $ 1,183
Earnings Per Share of Common Stock - Basic:    
Income from continuing operations attributable to common shareowners $ 1.75 $ 1.42
Net income attributable to common shareowners 1.75 1.43
Earnings Per Share of Common Stock - Diluted:    
Income from continuing operations attributable to common shareowners 1.73 1.41
Net income attributable to common shareowners $ 1.73 $ 1.42