XML 22 R6.htm IDEA: XBRL DOCUMENT v3.21.2
Consolidated Statement of Changes in Shareholders' Equity - USD ($)
$ in Millions
Total
Adjustments to adopt new accounting guidance
Adjusted beginning balance
Common stock
Common stock
Adjustments to adopt new accounting guidance
Common stock
Adjusted beginning balance
Treasury stock
Treasury stock
Adjustments to adopt new accounting guidance
Treasury stock
Adjusted beginning balance
Profit employed in the business
Profit employed in the business
Adjustments to adopt new accounting guidance
Profit employed in the business
Adjusted beginning balance
Accumulated other comprehensive income (loss)
Accumulated other comprehensive income (loss)
Adjustments to adopt new accounting guidance
Accumulated other comprehensive income (loss)
Adjusted beginning balance
Noncontrolling interests
Noncontrolling interests
Adjustments to adopt new accounting guidance
Noncontrolling interests
Adjusted beginning balance
Balance at Dec. 31, 2019 $ 14,629   $ 14,604 $ 5,935   $ 5,935 $ (24,217)   $ (24,217) $ 34,437   $ 34,412 $ (1,567)   $ (1,567) $ 41   $ 41
Balance (Credit losses) at Dec. 31, 2019   $ (25)     $ 0     $ 0     $ (25)     $ 0     $ 0  
Increase (Decrease) in Shareholders' Equity                                    
Profit of consolidated and affiliated companies 1,552     0     0     1,550     0     2    
Foreign currency translation (185)     0     0     0     (185)     0    
Pension and other post retirement benefits (12)     0     0     0     (12)     0    
Derivative financial instruments, net of tax (72)     0     0     0     (72)     0    
Available for sale securities 21     0     0     0     21     0    
Dividends, Common Stock, Cash [1] (1,121)     0     0     (1,121)     0     0    
Common shares issued from treasury stock for stock-based compensation: 322,888 for QTD 2020, 1,519,971 for YTD 2020; and 869,892 for QTD 2021, 3,239,575 for YTD 2021 (10)     (66)     56     0     0     0    
Stock-based compensation expense, before tax (in dollars) 114     114     0     0     0     0    
Common shares repurchased: 767,822 for QTD 2020, 10,096,006 for YTD 2020; and 1,161,955 for QTD 2021, 1,161,955 for YTD 2021 [2] (1,250)     0     (1,250)     0     0     0    
Other 136     (137)     1     0     0     0    
Balance at Jun. 30, 2020 $ 13,777     6,120     (25,412)     34,841     (1,815)     43    
Increase (Decrease) in Shareholders' Equity                                    
Common shares issued, Shares, from treasury stock for stock-based compensation (in shares) 1,519,971                                  
Common shares repurchased (in shares) 10,096,006                                  
Common Stock, Dividends, Per Share, Declared $ 2.06                                  
Balance at Mar. 31, 2020 $ 14,239     6,046     (25,341)     35,504     (2,012)     42    
Increase (Decrease) in Shareholders' Equity                                    
Profit of consolidated and affiliated companies 459     0     0     458     0     1    
Foreign currency translation 175     0     0     0     175     0    
Pension and other post retirement benefits (5)     0     0     0     (5)     0    
Derivative financial instruments, net of tax (12)     0     0     0     (12)     0    
Available for sale securities 39     0     0     0     39     0    
Dividends, Common Stock, Cash [3] (1,121)     0     0     (1,121)     0     0    
Common shares issued from treasury stock for stock-based compensation: 322,888 for QTD 2020, 1,519,971 for YTD 2020; and 869,892 for QTD 2021, 3,239,575 for YTD 2021 13     (4)     17     0     0     0    
Stock-based compensation expense, before tax (in dollars) 67     67     0     0     0     0    
Common shares repurchased: 767,822 for QTD 2020, 10,096,006 for YTD 2020; and 1,161,955 for QTD 2021, 1,161,955 for YTD 2021 [4] (87)     0     (87)     0     0     0    
Other 10     11     (1)     0     0     0    
Balance at Jun. 30, 2020 $ 13,777     6,120     (25,412)     34,841     (1,815)     43    
Increase (Decrease) in Shareholders' Equity                                    
Common shares issued, Shares, from treasury stock for stock-based compensation (in shares) 322,888                                  
Common shares repurchased (in shares) 767,822                                  
Common Stock, Dividends, Per Share, Declared $ 2.06                                  
Balance at Dec. 31, 2020 $ 15,378     6,230     (25,178)     35,167     (888)     47    
Increase (Decrease) in Shareholders' Equity                                    
Profit of consolidated and affiliated companies 2,945     0     0     2,943     0     2    
Foreign currency translation (248)     0     0     0     (248)     0    
Pension and other post retirement benefits (15)     0     0     0     (15)     0    
Derivative financial instruments, net of tax 12     0     0     0     12     0    
Available for sale securities (15)     0     0     0     (15)     0    
Dividends, Common Stock, Cash [1] (1,176)     0     0     (1,176)     0     0    
Distribution to noncontrolling interests (2)     0     0     0     0     (2)    
Common shares issued from treasury stock for stock-based compensation: 322,888 for QTD 2020, 1,519,971 for YTD 2020; and 869,892 for QTD 2021, 3,239,575 for YTD 2021 123     (65)     188     0     0     0    
Stock-based compensation expense, before tax (in dollars) 111     111     0     0     0     0    
Common shares repurchased: 767,822 for QTD 2020, 10,096,006 for YTD 2020; and 1,161,955 for QTD 2021, 1,161,955 for YTD 2021 [2] (251)     0     (251)     0     0     0    
Other 18     17     1     0     0     0    
Balance at Jun. 30, 2021 $ 16,880     6,293     (25,240)     36,934     (1,154)     47    
Increase (Decrease) in Shareholders' Equity                                    
Common shares issued, Shares, from treasury stock for stock-based compensation (in shares) 3,329,575                                  
Common shares repurchased (in shares) 1,161,955                                  
Common Stock, Dividends, Per Share, Declared $ 2.14                                  
Balance at Mar. 31, 2021 $ 16,617     6,215     (25,049)     36,697     (1,290)     44    
Increase (Decrease) in Shareholders' Equity                                    
Profit of consolidated and affiliated companies 1,414     0     0     1,413     0     1    
Foreign currency translation 99     0     0     0     99     0    
Pension and other post retirement benefits (7)     0     0     0     (7)     0    
Derivative financial instruments, net of tax 43     0     0     0     43     0    
Available for sale securities 1     0     0     0     1     0    
Dividends, Common Stock, Cash [3] (1,176)     0     0     (1,176)     0     0    
Common shares issued from treasury stock for stock-based compensation: 322,888 for QTD 2020, 1,519,971 for YTD 2020; and 869,892 for QTD 2021, 3,239,575 for YTD 2021 58     (2)     60     0     0     0    
Stock-based compensation expense, before tax (in dollars) 69     69     0     0     0     0    
Common shares repurchased: 767,822 for QTD 2020, 10,096,006 for YTD 2020; and 1,161,955 for QTD 2021, 1,161,955 for YTD 2021 [4] (251)     0     (251)     0     0     0    
Other 13     11     0     0     0     2    
Balance at Jun. 30, 2021 $ 16,880     $ 6,293     $ (25,240)     $ 36,934     $ (1,154)     $ 47    
Increase (Decrease) in Shareholders' Equity                                    
Common shares issued, Shares, from treasury stock for stock-based compensation (in shares) 869,892                                  
Common shares repurchased (in shares) 1,161,955                                  
Common Stock, Dividends, Per Share, Declared $ 2.14                                  
[1] Dividends per share of common stock of $2.14 and $2.06 were declared in the six months ended June 30, 2021 and 2020, respectively.
[2] See Note 12 for additional information
[3] Dividends per share of common stock of $2.14 and $2.06 were declared in the three months ended June 30, 2021 and 2020, respectively.
[4] See Note 12 for additional information.