Consolidated Statement of Results of Operations - USD ($) shares in Millions, $ in Millions		3 Months Ended
		Mar. 31, 2022	Mar. 31, 2021
Sales and revenues:
Sales and revenues		$ 13,589	$ 11,887
Operating costs:
Cost of goods sold		9,559	8,012
Selling, general and administrative expenses		1,346	1,239
Research and development expenses		457	374
Other operating (income) expenses		266	323
Total operating costs		11,734	10,073
Operating profit		1,855	1,814
Other income (expense)		253	325
Consolidated profit before taxes		1,999	1,997
Provision (benefit) for income taxes		469	475
Profit of consolidated companies		1,530	1,522
Equity in profit (loss) of unconsolidated affiliated companies		7	9
Profit of consolidated and affiliated companies		1,537	1,531
Less: Profit (loss) attributable to the noncontrolling interests		0	1
Profit	[1]	$ 1,537	$ 1,530
Profit per common share (in dollars per share)		$ 2.88	$ 2.80
Profit per common share - diluted (in dollars per share)	[2]	$ 2.86	$ 2.77
Weighted-average common shares outstanding (millions)
Basic (in shares)		534.5	546.4
Diluted (in shares)	[2]	538.3	551.4
Machinery, Energy & Transportation
Sales and revenues:
Sales and revenues		$ 12,886	$ 11,191
Financial Products
Sales and revenues:
Sales and revenues		703	696
Operating costs:
Interest expense of Financial Products		106	125
All other excluding Financial Products
Operating costs:
Interest expense excluding Financial Products		$ 109	$ 142

[1] Profit attributable to common shareholders.

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