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Consolidated Statement of Operations - USD ($)
shares in Millions, $ in Millions
12 Months Ended
Dec. 31, 2021
Dec. 31, 2020
Dec. 31, 2019
Net Sales:      
Net sales $ 64,388 $ 56,587 $ 45,349
Costs and Expenses:      
Research and development 2,732 2,582 2,452
Selling, general and administrative 5,224 5,540 3,711
Total Costs and Expenses 59,853 56,178 40,761
Goodwill impairment 0 (3,183) 0
Other income, net 423 885 326
Operating profit (loss) 4,958 (1,889) 4,914
Non-service pension income (1,944) (902) (829)
Debt extinguishment costs 649 0 0
Interest expense, net 1,322 1,366 1,591
Total non-operating expense, net 27 464 762
Income (loss) from continuing operations before income taxes 4,931 (2,353) 4,152
Income tax expense 786 575 421
Net income (loss) from continuing operations 4,145 (2,928) 3,731
Less: Noncontrolling interest in subsidiaries’ earnings from continuing operations 248 181 221
Income (loss) from continuing operations attributable to common shareowners 3,897 (3,109) 3,510
Discontinued operations (Note 3):      
Income (loss) from discontinued operations (10) (216) 4,091
Income tax expense from discontinued operations 23 151 1,874
Net income (loss) from discontinued operations (33) (367) 2,217
Less: Noncontrolling interest in subsidiaries’ earnings from discontinued operations 0 43 190
Income (loss) from discontinued operations attributable to common shareowners (33) (410) 2,027
Net income (loss) attributable to common shareowners $ 3,864 $ (3,519) $ 5,537
Earnings (loss) per share attributable to common shareowners - basic      
Income (loss) from continuing operations attributable to common shareowners $ 2.60 $ (2.29) $ 4.11
Income (loss) from discontinued operations (0.03) (0.30) 2.37
Net income (loss) attributable to common shareowners 2.57 (2.59) 6.48
Earnings (loss) per share attributable to common shareowners - diluted      
Income (loss) from continuing operations attributable to common shareowners 2.58 (2.29) 4.06
Income (loss) from discontinued operations (0.02) (0.30) 2.35
Net income (loss) attributable to common shareowners $ 2.56 $ (2.59) $ 6.41
Weighted average number of shares outstanding:      
Basic shares 1,501.6 1,357.8 854.8
Diluted shares 1,508.5 1,357.8 863.9
Products [Member]      
Net Sales:      
Net sales $ 49,270 $ 43,319 $ 32,998
Costs and Expenses:      
Cost of Sales 41,095 38,137 26,910
Services [Member]      
Net Sales:      
Net sales 15,118 13,268 12,351
Costs and Expenses:      
Cost of Sales $ 10,802 $ 9,919 $ 7,688