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Condensed Consolidated Statement of Operations - USD ($)
$ in Millions
3 Months Ended
Mar. 31, 2023
Mar. 31, 2022
Net Sales:    
Net sales $ 17,214 $ 15,716
Costs and Expenses:    
Research and development 607 635
Selling, general and administrative 1,398 1,469
Total costs and expenses 15,650 14,664
Other income, net 88 28
Operating profit 1,652 1,080
Non-service pension income (444) (480)
Interest expense, net 315 318
Total non-operating expense (income), net (129) (162)
Income from continuing operations before income taxes 1,781 1,242
Income tax expense 300 116
Net income from continuing operations 1,481 1,126
Less: Noncontrolling interest in subsidiaries’ earnings from continuing operations 55 23
Net income from continuing operations attributable to common shareowners 1,426 1,103
Loss from discontinued operations attributable to common shareowners 0 (19)
Net income attributable to common shareowners $ 1,426 $ 1,084
Earnings (loss) Per Share attributable to common shareowners - Basic:    
Income from continuing operations $ 0.98 $ 0.74
Loss from discontinued operations 0 (0.01)
Net income attributable to common shareowners 0.98 0.73
Earnings (loss) Per Share attributable to common shareowners - Diluted:    
Income from continuing operations 0.97 0.74
Loss from discontinued operations 0 (0.02)
Net income attributable to common shareowners $ 0.97 $ 0.72
Product [Member]    
Net Sales:    
Net sales $ 12,787 $ 11,862
Costs and Expenses:    
Cost of sales 10,700 9,820
Service [Member]    
Net Sales:    
Net sales 4,427 3,854
Costs and Expenses:    
Cost of sales $ 2,945 $ 2,740