Consolidated Statement of Results of Operations - USD ($) shares in Millions, $ in Millions		3 Months Ended		9 Months Ended
		Sep. 30, 2016	Sep. 30, 2015	Sep. 30, 2016	Sep. 30, 2015
Sales and revenues:
Sales of Machinery, Energy & Transportation		$ 8,463	$ 10,285	$ 26,888	$ 33,829
Revenues of Financial Products		697	677	2,075	2,152
Total sales and revenues		9,160	10,962	28,963	35,981
Operating costs:
Cost of goods sold		6,527	7,872	20,768	25,306
Selling, general and administrative expenses		992	1,129	3,203	3,696
Research and development expenses		453	513	1,429	1,547
Interest expense of Financial Products		147	142	447	440
Other operating (income) expenses		560	381	1,356	1,032
Total operating costs		8,679	10,037	27,203	32,021
Operating profit		481	925	1,760	3,960
Interest expense excluding Financial Products		126	127	385	381
Other income (expense)		28	(15)	112	107
Consolidated profit before taxes		383	783	1,487	3,686
Provision (benefit) for income taxes		96	218	372	1,074
Profit of consolidated companies		287	565	1,115	2,612
Equity in profit (loss) of unconsolidated affiliated companies		(4)	(3)	(7)	1
Profit of consolidated and affiliated companies		283	562	1,108	2,613
Less: Profit (loss) attributable to noncontrolling interests		0	3	4	7
Profit	[1]	$ 283	$ 559	$ 1,104	$ 2,606
Profit per common share (in dollars per share)		$ 0.48	$ 0.95	$ 1.89	$ 4.36
Profit per common share - diluted (in dollars per share)	[2]	$ 0.48	$ 0.94	$ 1.88	$ 4.30
Weighted-average common shares outstanding (millions)
Basic (in shares)		584.7	588.4	583.8	597.9
Diluted (in shares)	[2]	589.6	594.8	588.7	605.3
Cash dividends declared per common share (in dollars per share)		$ 0.00	$ 0.00	$ 1.54	$ 1.47

[1] 1 Profit attributable to common stockholders.

[2] 2 Diluted by assumed exercise of stock-based compensation awards using the treasury stock method.