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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, 2017
Sep. 30, 2016
Sep. 30, 2017
Sep. 30, 2016
Net Sales:        
Product Sales $ 10,378 $ 10,194 $ 30,676 $ 30,247
Service Sales 4,684 4,160 13,481 12,338
Total net sales 15,062 14,354 44,157 42,585
Costs and Expenses:        
Cost of products sold 7,750 7,522 22,920 22,542
Cost of services sold 3,293 2,820 9,300 8,195
Research and development 582 582 1,768 1,711
Selling, general and administrative 1,524 1,390 4,544 4,204
Total costs and expenses 13,149 12,314 38,532 36,652
Other income, net 250 211 1,095 600
Operating profit 2,163 2,251 6,720 6,533
Interest expense, net 223 225 662 673
Income from continuing operations before income taxes 1,940 2,026 6,058 5,860
Income tax expense 506 492 1,624 1,548
Net Income from continuing operations 1,434 1,534 4,434 4,312
Less: Noncontrolling interest in subsidiaries' earnings from continuing operations 104 91 279 271
Income from continuing operations attributable to common shareowners 1,330 1,443 4,155 4,041
Discontinued operations (Note 2):        
Income from operations from discontinued operations 0 1 0 2
Gain (Loss) on disposal 0 (4) 0 11
Income tax (benefit) expense 0 (40) 0 12
Income from discontinued operations attributable to common shareowners 0 37 0 1
Net income attributable to common shareowners $ 1,330 $ 1,480 $ 4,155 $ 4,042
Earnings Per Share of Common Stock - Basic:        
Income from continuing operations attributable to common shareowners $ 1.69 $ 1.76 $ 5.26 $ 4.90
Net income attributable to common shareowners 1.69 1.80 5.26 4.91
Earnings Per Share of Common Stock - Diluted:        
Income from continuing operations attributable to common shareowners 1.67 1.74 5.20 4.86
Net income attributable to common shareowners $ 1.67 $ 1.78 $ 5.20 $ 4.86