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Consolidated Statement of Changes in Shareholders' Equity - USD ($)
$ in Millions
Total
Common stock
Treasury stock
Profit employed in the business
Accumulated other comprehensive income (loss)
Noncontrolling interests
Adjustment to adopt new accounting guidance | Lease accounting [1] $ 235 $ 0 $ 0 $ 235 $ 0 $ 0
Adjustment to adopt new accounting guidance | Reclassification of certain tax effects from accumulated other comprehensive income [1] 0 0 0 (108) 108 0
Balance at Dec. 31, 2018 14,080 5,827 (20,531) 30,427 (1,684) 41
Balance at Jan. 01, 2019 14,315 5,827 (20,531) 30,554 (1,576) 41
Balance at Dec. 31, 2018 14,080 5,827 (20,531) 30,427 (1,684) 41
Increase (Decrease) in Shareholders' Equity            
Profit of consolidated and affiliated companies 1,884 0 0 1,881 0 3
Other Comprehensive Income (Loss), Foreign Currency Transaction and Translation Adjustment, Net of Tax (22) 0 0 0 (22) 0
Pension and other postretirement benefits, net of tax (7) 0 0 0 (7) 0
Derivative financial instruments, net of tax 1 0 0 0 1 0
Available-for-sale securities, net of tax 16 0 0 0 16 0
Distribution to noncontrolling interests (1) 0 0 0 0 (1)
Common shares issued from treasury stock for stock-based compensation: three months: 1,859,065 in 2019 and 1,197,083in 2020 (5) (73) 68 0 0 0
Stock-based compensation expense, before tax (in dollars) 45 45 0 0 0 0
Common shares repurchased: three months: 5,699,525 in 2019 and 9,328,184 in 2020 [2] (751) 0 (751) 0 0 0
Other 3 (5) 0 0 0 2
Balance at Mar. 31, 2019 15,478 5,804 (21,214) 32,435 (1,588) 41
Adjustment to adopt new accounting guidance | Credit losses [1] (25) 0 0 (25) 0 0
Balance at Dec. 31, 2019 14,629 5,935 (24,217) 34,437 (1,567) 41
Balance at Jan. 01, 2020 14,604 5,935 (24,217) 34,412 (1,567) 41
Balance at Dec. 31, 2019 14,629 5,935 (24,217) 34,437 (1,567) 41
Increase (Decrease) in Shareholders' Equity            
Profit of consolidated and affiliated companies 1,093 0 0 1,092 0 1
Other Comprehensive Income (Loss), Foreign Currency Transaction and Translation Adjustment, Net of Tax (360) 0 0 0 (360) 0
Pension and other postretirement benefits, net of tax (7) 0 0 0 (7) 0
Derivative financial instruments, net of tax (60) 0 0 0 (60) 0
Available-for-sale securities, net of tax (18) 0 0 0 (18) 0
Common shares issued from treasury stock for stock-based compensation: three months: 1,859,065 in 2019 and 1,197,083in 2020 (23) (62) 39 0 0 0
Stock-based compensation expense, before tax (in dollars) 47 47 0 0 0 0
Common shares repurchased: three months: 5,699,525 in 2019 and 9,328,184 in 2020 [2] (1,163) 0 (1,163) 0 0 0
Other 126 126 0 0 0 0
Balance at Mar. 31, 2020 $ 14,239 $ 6,046 $ (25,341) $ 35,504 $ (2,012) $ 42
[1] See Note 2 for additional information.
[2] See Note 12 for additional information.