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Consolidated Statement of Operations - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2019
Dec. 31, 2018
Dec. 31, 2017
Revenues $ 45,349 $ 34,701 $ 29,713
Income (Loss) from Continuing Operations, Net of Tax, Attributable to Parent 3,510 1,216 1,313
Income from discontinued operations, before income taxes 4,091 5,776 5,241
Income tax expense 1,874 1,528 1,789
Income from discontinued operations 2,217 4,248 3,452
Less: Noncontrolling interest in subsidiaries earnings from discontinued operations 190 195 213
Net (loss) income from discontinued operations $ 2,027 $ 4,053 $ 3,239
Net income from continuing operations attributable to common shareowners $ 4.11 $ 1.52 $ 1.66
Net (loss) income from discontinued operations 2.37 5.06 4.10
Net income from continuing operations attributable to common shareowners 4.06 1.50 1.64
Net (loss) income from discontinued operations $ 2.35 $ 5.00 $ 4.06
Costs and Expenses:      
Research and development $ 2,452 $ 1,878 $ 1,876
Selling, general and administrative 3,711 2,864 2,387
Total costs and expenses 40,761 32,207 27,251
Other Income 326 383 527
Operating profit 4,914 2,877 2,989
Non-service pension cost (benefit) (829) (659) (455)
Interest Expense, net 1,591 1,032 922
Income from continuing operations before income taxes 4,152 2,504 2,522
Income tax expense 421 1,098 1,054
Net income from continuing operations 3,731 1,406 1,468
Less: Noncontrolling interest in subsidiaries' earnings from continuing operations 221 190 155
Income from continuing operations attributable to common shareowners 3,510 1,216 1,313
Net Income - Retained Earnings $ 5,537 $ 5,269 $ 4,552
Earnings Per Share of Common Stock - Basic:      
Net income from continuing operations attributable to common shareowners $ 4.11 $ 1.52 $ 1.66
Net income attributable to common shareowners 6.48 6.58 5.76
Earnings Per Share of Common Stock - Diluted:      
Net income from continuing operations attributable to common shareowners 4.06 1.50 1.64
Net income attributable to common shareowners $ 6.41 $ 6.50 $ 5.70
Weighted average number of shares outstanding:      
Basic shares 854,800,000 800,400,000 790,000,000.0
Diluted shares 863,900,000 810,100,000 799,100,000
Product [Member]      
Revenues $ 32,998 $ 24,141 $ 21,119
Cost of Goods and Services Sold 26,910 21,083 16,385
Costs and Expenses:      
Cost of Goods and Services Sold 26,910 21,083 16,385
Service [Member]      
Revenues 12,351 10,560 8,594
Cost of Goods and Services Sold 7,688 6,382 6,603
Costs and Expenses:      
Cost of Goods and Services Sold $ 7,688 $ 6,382 $ 6,603