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Consolidated Statement of Results of Operations (USD $)
In Millions, except Per Share data, unless otherwise specified
3 Months Ended
Mar. 31, 2013
Mar. 31, 2012
Sales and revenues:    
Sales of Machinery and Power Systems $ 12,484 $ 15,288
Revenues of Financial Products 726 693
Total sales and revenues 13,210 15,981
Operating costs:    
Cost of goods sold 9,639 11,237
Selling, general and administrative expenses 1,390 1,340
Research and development expenses 562 587
Interest expense of Financial Products 189 204
Other operating (income) expenses 212 290
Total operating costs 11,992 13,658
Operating profit 1,218 2,323
Interest expense excluding Financial Products 120 113
Other income (expense) 29 88
Consolidated profit before taxes 1,127 2,298
Provision (benefit) for income taxes 246 689
Profit of consolidated companies 881 1,609
Equity in profit (loss) of unconsolidated affiliated companies 1 2
Profit of consolidated and affiliated companies 882 1,611
Less: Profit (loss) attributable to noncontrolling interests 2 25
Profit $ 880 [1] $ 1,586 [1]
Profit per common share (in dollars per share) $ 1.34 $ 2.44
Profit per common share - diluted (in dollars per share) $ 1.31 [2] $ 2.37 [2]
Weighted-average common shares outstanding (millions) -    
Basic (in shares) 656.2 650.0
Diluted (in shares) 671.6 [2] 670.2 [2]
Cash dividends declared per common share (in dollars per share) $ 0.00 $ 0.00
[1] 1 Profit attributable to common stockholders.
[2] 2 Diluted by assumed exercise of stock-based compensation awards using the treasury stock method.