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EQUITY
12 Months Ended
Dec. 31, 2015
Equity [Abstract]  
Stockholders' Equity Note Disclosure [Text Block]
EQUITY
 
 
Common Stock
 
Capital in  Excess
of Par Value
of Stock
 
Retained
Earnings
 
Treasury Stock
 
Noncontrolling
Interest
Dollars and Shares in Millions
 
Shares
 
Par Value
 
 
Shares
 
Cost        
 
Balance at January 1, 2013
 
2,208

 
$
221

 
$
2,694

 
$
32,733

 
570

 
$
(18,823
)
 
$
15

Net earnings
 

 

 

 
2,563

 

 

 
38

Cash dividends declared
 

 

 

 
(2,344
)
 

 

 

Stock repurchase program
 

 

 

 

 
11

 
(413
)
 

Employee stock compensation plans
 

 

 
(772
)
 

 
(22
)
 
1,436

 

Distributions
 

 

 

 

 

 

 
29

Balance at December 31, 2013
 
2,208

 
221

 
1,922

 
32,952

 
559

 
(17,800
)
 
82

Net earnings
 

 

 

 
2,004

 

 

 
39

Cash dividends declared
 

 

 

 
(2,415
)
 

 

 

Employee stock compensation plans
 

 

 
(393
)
 

 
(11
)
 
755

 

Debt conversion
 

 

 
(22
)
 

 
(1
)
 
53

 

Variable interest entity
 

 

 

 

 

 

 
59

Distributions
 

 

 

 

 

 

 
(49
)
Balance at December 31, 2014
 
2,208

 
221

 
1,507

 
32,541

 
547

 
(16,992
)
 
131

Net earnings
 

 

 

 
1,565

 

 

 
84

Cash dividends declared
 

 

 

 
(2,493
)
 

 

 

Employee stock compensation plans
 

 

 
(48
)
 

 
(8
)
 
431

 

Debt conversion
 

 

 

 

 

 
2

 

Distributions
 

 

 

 

 

 

 
(57
)
Balance at December 31, 2015
 
2,208

 
$
221

 
$
1,459

 
$
31,613

 
539

 
$
(16,559
)
 
$
158



Treasury stock is recognized at the cost to reacquire the shares. Shares issued from treasury are recognized utilizing the first-in first-out method.

The components of other comprehensive income/(loss) were as follows:
Dollars in Millions
 
Pretax
 
Tax
 
After Tax
2013
 
 
 
 
 
 
Derivatives qualifying as cash flow hedges:(a)
 
 
 
 
 
 
Unrealized gains
 
$
58

 
$
(17
)
 
$
41

Reclassified to net earnings
 
(56
)
 
22

 
(34
)
Derivatives qualifying as cash flow hedges
 
2

 
5

 
7

Pension and other postretirement benefits:
 
 
 
 
 
 
Actuarial gains
 
1,475

 
(504
)
 
971

Amortization(b)
 
129

 
(43
)
 
86

Settlements(c)
 
165

 
(56
)
 
109

Pension and other postretirement benefits
 
1,769

 
(603
)
 
1,166

Available-for-sale securities:
 
 
 
 
 
 
Unrealized losses
 
(35
)
 
3

 
(32
)
Realized gains(c)
 
(8
)
 
3

 
(5
)
Available-for-sale securities
 
(43
)
 
6

 
(37
)
Foreign currency translation
 
(75
)
 

 
(75
)
 
 
$
1,653

 
$
(592
)
 
$
1,061

2014
 
 
 
 
 
 
Derivatives qualifying as cash flow hedges:(a)
 
 
 
 
 
 
Unrealized gains
 
$
139

 
$
(45
)
 
$
94

Reclassified to net earnings
 
(41
)
 
16

 
(25
)
Derivatives qualifying as cash flow hedges
 
98

 
(29
)
 
69

Pension and other postretirement benefits:
 
 
 
 
 
 
Actuarial losses
 
(1,414
)
 
464

 
(950
)
Amortization(b)
 
104

 
(37
)
 
67

Settlements and curtailments(c)
 
867

 
(308
)
 
559

Pension and other postretirement benefits
 
(443
)
 
119

 
(324
)
Available-for-sale securities:
 
 
 
 
 
 
Unrealized gains
 
10

 
(6
)
 
4

Realized gains(c)
 
(1
)
 

 
(1
)
Available-for-sale securities
 
9

 
(6
)
 
3

Foreign currency translation
 
(8
)
 
(24
)
 
(32
)
 
 
$
(344
)
 
$
60

 
$
(284
)
2015
 
 
 
 
 
 
Derivatives qualifying as cash flow hedges:(a)
 
 
 
 
 
 
Unrealized gains
 
$
59

 
$
(22
)
 
$
37

Reclassified to net earnings
 
(130
)
 
42

 
(88
)
Derivatives qualifying as cash flow hedges
 
(71
)
 
20

 
(51
)
Pension and other postretirement benefits:
 
 
 
 
 
 
Actuarial losses
 
(88
)
 
27

 
(61
)
Amortization(b)
 
85

 
(28
)
 
57

Settlements and curtailments(c)
 
160

 
(55
)
 
105

Pension and other postretirement benefits
 
157

 
(56
)
 
101

Available-for-sale securities:
 
 
 
 
 
 
Unrealized losses
 
(71
)
 
14

 
(57
)
Realized losses
 
3

 

 
3

Available-for-sale securities
 
(68
)
 
14

 
(54
)
Foreign currency translation
 
(17
)
 
(22
)
 
(39
)
 
 
$
1

 
$
(44
)
 
$
(43
)

(a)
Included in cost of products sold.
(b)
Included in cost of products sold, research and development, and marketing, selling and administrative expenses.
(c)
Included in other (income)/expense.

The accumulated balances related to each component of other comprehensive loss, net of taxes, were as follows:
 
 
December 31,
Dollars in Millions
 
2015
 
2014
Derivatives qualifying as cash flow hedges
 
$
34

 
$
85

Pension and other postretirement benefits
 
(2,080
)
 
(2,181
)
Available-for-sale securities
 
(23
)
 
31

Foreign currency translation
 
(399
)
 
(360
)
Accumulated other comprehensive loss
 
$
(2,468
)
 
$
(2,425
)