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EQUITY (Tables)
3 Months Ended
Mar. 31, 2019
Equity [Abstract]  
Schedule of Stock by Class [Table Text Block]
The following table summarizes changes in equity for the three months ended March 31, 2019:
 
Common Stock
 
Capital in Excess
of Par Value
of Stock
 
Accumulated Other Comprehensive Loss
 
Retained
Earnings
 
Treasury Stock
 
Noncontrolling
Interest
Dollars and Shares in Millions
Shares
 
Par Value
 
Shares
 
Cost
 
Balance at December 31, 2018
2,208

 
$
221

 
$
2,081

 
$
(2,762
)
 
$
34,065

 
576

 
$
(19,574
)
 
$
96

Accounting change - cumulative effect(a)

 

 

 

 
5

 

 

 

Adjusted balance at January 1, 2019
2,208

 
221

 
2,081

 
(2,762
)
 
34,070

 
576

 
(19,574
)
 
96

Net earnings

 

 

 

 
1,710

 

 

 
5

Other Comprehensive Income/(Loss)

 

 

 
118

 

 

 

 

Cash dividends declared(b)

 

 

 

 
(671
)
 

 

 

Stock compensation

 

 
22

 

 

 
(4
)
 
3

 

Distributions

 

 

 

 

 

 

 
(2
)
Balance at March 31, 2019
2,208

 
$
221

 
$
2,103

 
$
(2,644
)
 
$
35,109

 
572

 
$
(19,571
)
 
$
99

The following table summarizes changes in equity for the three months ended March 31, 2018:
 
Common Stock
 
Capital in Excess
of Par Value
of Stock
 
Accumulated Other Comprehensive Loss
 
Retained
Earnings
 
Treasury Stock
 
Noncontrolling
Interest
Dollars and Shares in Millions
Shares
 
Par Value
 
Shares
 
Cost
 
Balance at December 31, 2017
2,208

 
$
221

 
$
1,898

 
$
(2,289
)
 
$
31,160

 
575

 
$
(19,249
)
 
$
106

Accounting change - cumulative effect(a)

 

 

 
(34
)
 
332

 

 

 

Adjusted balance at January 1, 2018
2,208

 
$
221

 
$
1,898

 
$
(2,323
)
 
$
31,492

 
575

 
$
(19,249
)
 
$
106

Net earnings

 

 

 

 
1,486

 

 

 
9

Other Comprehensive Income/(Loss)

 

 

 
89

 

 

 

 

Cash dividends declared(b)

 

 

 

 
(655
)
 

 

 

Stock repurchase program

 

 

 

 

 
3

 
(166
)
 

Stock compensation

 

 
18

 

 

 
(4
)
 
(18
)
 

Distributions

 

 

 

 

 

 

 
(2
)
Balance at March 31, 2018
2,208

 
$
221

 
$
1,916

 
$
(2,234
)
 
$
32,323

 
574

 
$
(19,433
)
 
$
113


Schedule of Comprehensive Income Loss [Table Text Block]
The components of Other Comprehensive Income/(Loss) were as follows in the three months ended March 31:
 
2019
 
2018
Dollars in Millions
Pretax
 
Tax
 
After tax
 
Pretax
 
Tax
 
After tax
Derivatives qualifying as cash flow hedges:
 
 
 
 
 
 
 
 
 
 
 
Unrealized gains/(losses)
$
45

 
$
(5
)
 
$
40

 
$
(38
)
 
$
6

 
$
(32
)
Reclassified to net earnings(a)
(30
)
 
4

 
(26
)
 
20

 
(7
)
 
13

Derivatives qualifying as cash flow hedges
15

 
(1
)
 
14

 
(18
)
 
(1
)
 
(19
)
 
 
 
 
 
 
 
 
 
 
 
 
Pension and postretirement benefits:
 
 
 
 
 
 
 
 
 
 
 
Actuarial (losses)/gains
(2
)
 

 
(2
)
 
112

 
(24
)
 
88

Amortization(b)
17

 
(4
)
 
13

 
20

 
(3
)
 
17

Settlements(b)
49

 
(11
)
 
38

 
31

 
(7
)
 
24

Pension and postretirement benefits
64

 
(15
)
 
49

 
163

 
(34
)
 
129

 
 
 
 
 
 
 
 
 
 
 
 
Available-for-sale securities:
 
 
 
 
 
 
 
 
 
 
 
Unrealized gains/(losses)
23

 

 
23

 
(32
)
 
6

 
(26
)
Realized (gains)/losses
3

 

 
3

 

 

 

Available-for-sale securities
26

 

 
26

 
(32
)
 
6

 
(26
)
 
 
 
 
 
 
 
 
 
 
 
 
Foreign currency translation
32

 
(3
)
 
29

 
(7
)
 
12

 
5

 
 
 
 
 
 
 
 
 
 
 
 
Total Other Comprehensive Income/(Loss)
$
137

 
$
(19
)
 
$
118

 
$
106

 
$
(17
)
 
$
89

(a)
Included in Cost of products sold.
(b)
Included in Other income (net).

Schedule of Accumulated Other Comprehensive Income Loss [Table Text Block]
The accumulated balances related to each component of Other Comprehensive Income/(Loss), net of taxes, were as follows:
Dollars in Millions
March 31,
2019
 
December 31, 2018
Derivatives qualifying as cash flow hedges
$
65

 
$
51

Pension and postretirement benefits
(2,053
)
 
(2,102
)
Available-for-sale securities
(4
)
 
(30
)
Foreign currency translation
(652
)
 
(681
)
Accumulated other comprehensive loss
$
(2,644
)
 
$
(2,762
)