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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
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 4,373 0 0 4,369 0 4
Foreign currency translation (490) 0 0 0 (490) 0
Pension and other post retirement benefits (23) 0 0 0 (23) 0
Derivative financial instruments, net of tax (19) 0 0 0 (19) 0
Available for sale securities (20) 0 0 0 (20) 0
Dividends declared [1] 1,175 0 0 1,175 0 0
Distribution to noncontrolling interests (4) 0 0 0 0 (4)
Common shares issued from treasury stock for stock-based compensation 122 (70) 192 0 0 0
Stock-based compensation expense, before tax (in dollars) 169 169 0 0 0 0
Common shares repurchased [2] (1,622) 0 (1,622) 0 0 0
Other 22 23 0 0 0 (1)
Balance at Sep. 30, 2021 $ 16,695 6,352 (26,608) 38,361 (1,440) 30
Increase (Decrease) in Shareholders' Equity            
Common shares issued, Shares, from treasury stock for stock-based compensation (in shares) 3,410,146          
Common shares repurchased (in shares) 7,772,393          
Common Stock, Dividends, Per Share, Declared $ 2.14          
Balance at Jun. 30, 2021 $ 16,880 6,293 (25,240) 36,934 (1,154) 47
Increase (Decrease) in Shareholders' Equity            
Profit of consolidated and affiliated companies 1,428 0 0 1,426 0 2
Foreign currency translation (242) 0 0 0 (242) 0
Pension and other post retirement benefits (8) 0 0 0 (8) 0
Derivative financial instruments, net of tax (31) 0 0 0 (31) 0
Available for sale securities (5) 0 0 0 (5) 0
Change in ownership from noncontrolling interests (16) 0 0 0 0 (16)
Dividends declared 1 0 0 1 0 0
Distribution to noncontrolling interests (2) 0 0 0 0 (2)
Common shares issued from treasury stock for stock-based compensation (1) (5) 4 0 0 0
Stock-based compensation expense, before tax (in dollars) 58 58 0 0 0 0
Common shares repurchased [3] (1,371) 0 (1,371) 0 0 0
Other 4 6 (1) 0 0 (1)
Balance at Sep. 30, 2021 $ 16,695 6,352 (26,608) 38,361 (1,440) 30
Increase (Decrease) in Shareholders' Equity            
Common shares issued, Shares, from treasury stock for stock-based compensation (in shares) 80,571          
Common shares repurchased (in shares) 6,610,438          
Balance at Dec. 31, 2021 $ 16,516 6,398 (27,643) 39,282 (1,553) 32
Increase (Decrease) in Shareholders' Equity            
Profit of consolidated and affiliated companies 5,250 0 0 5,251 0 (1)
Foreign currency translation (1,392) 0 0 0 (1,392) 0
Pension and other post retirement benefits (3) 0 0 0 (3) 0
Derivative financial instruments, net of tax (254) 0 0 0 (254) 0
Available for sale securities (151) 0 0 0 (151) 0
Dividends declared [1] 1,229 0 0 1,229 0 0
Common shares issued from treasury stock for stock-based compensation 2 (67) 69 0 0 0
Stock-based compensation expense, before tax (in dollars) 162 162 0 0 0 0
Common shares repurchased [2] (3,309) 0 (3,309) 0 0 0
Other 30 30 0 0 0 0
Balance at Sep. 30, 2022 $ 15,622 6,523 (30,883) 43,304 (3,353) 31
Increase (Decrease) in Shareholders' Equity            
Common shares issued, Shares, from treasury stock for stock-based compensation (in shares) 1,529,753          
Common shares repurchased (in shares) 17,007,819          
Common Stock, Dividends, Per Share, Declared $ 2.31          
Balance at Jun. 30, 2022 $ 15,759 6,464 (29,501) 41,263 (2,499) 32
Increase (Decrease) in Shareholders' Equity            
Profit of consolidated and affiliated companies 2,040 0 0 2,041 0 (1)
Foreign currency translation (618) 0 0 0 (618) 0
Pension and other post retirement benefits (1) 0 0 0 (1) 0
Derivative financial instruments, net of tax (191) 0 0 0 (191) 0
Available for sale securities (44) 0 0 0 (44) 0
Common shares issued from treasury stock for stock-based compensation (1) (5) 4 0 0 0
Stock-based compensation expense, before tax (in dollars) 55 55 0 0 0 0
Common shares repurchased [4] (1,385) 0 (1,385) 0 0 0
Other 8 9 (1) 0 0 0
Balance at Sep. 30, 2022 $ 15,622 $ 6,523 $ (30,883) $ 43,304 $ (3,353) $ 31
Increase (Decrease) in Shareholders' Equity            
Common shares issued, Shares, from treasury stock for stock-based compensation (in shares) 75,534          
Common shares repurchased (in shares) 7,575,322          
[1] Dividends per share of common stock of $2.31 and $2.14 were declared in the nine months ended September 30, 2022 and 2021, respectively.
[2] 2 See Note 12 for additional information.
[3] 1 See Note 12 for additional information.
[4] Profit attributable to common shareholders.