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Condensed Consolidated Statement of Earnings (Unaudited) - USD ($)
shares in Thousands, $ in Millions
3 Months Ended
Mar. 31, 2023
Mar. 31, 2022
Income Statement [Abstract]    
Net sales $ 9,747 $ 11,895
Cost of products sold, excluding amortization of intangible assets 4,331 4,987
Amortization of intangible assets 491 512
Research and development 654 697
Selling, general and administrative 2,762 2,787
Total operating cost and expenses 8,238 8,983
Operating earnings 1,509 2,912
Interest expense 153 131
Interest (income) (101) (14)
Net foreign exchange (gain) loss 6 (3)
Other (income) expense, net (111) (78)
Earnings before taxes 1,562 2,876
Taxes on earnings 244 429
Net Earnings $ 1,318 $ 2,447
Basic Earnings Per Common Share (in dollars per share) $ 0.75 $ 1.38
Diluted Earnings Per Common Share (in dollars per share) $ 0.75 $ 1.37
Average Number of Common Shares Outstanding Used for Basic Earnings Per Common Share (in shares) 1,741,738 1,761,911
Dilutive Common Stock Options (in shares) 9,977 12,631
Average Number of Common Shares Outstanding Plus Dilutive Common Stock Options (in shares) 1,751,715 1,774,542
Outstanding Common Stock Options Having No Dilutive Effect (in shares) 7,332 2,655