Consolidated Statement of Results of Operations - USD ($) shares in Millions, $ in Millions	3 Months Ended				6 Months Ended
	Jun. 30, 2023		Jun. 30, 2022		Jun. 30, 2023		Jun. 30, 2022
Sales and revenues:
Total sales and revenues	$ 17,318		$ 14,247		$ 33,180		$ 27,836
Operating costs:
Cost of goods sold	11,065		9,975		21,168		19,534
Selling, general and administrative expenses	1,528		1,425		2,991		2,771
Research and development expenses	528		480		1,000		937
Other operating (income) expenses	300		303		1,176		569
Total operating costs	13,666		12,303		26,797		24,037
Operating profit	3,652		1,944		6,383		3,799
Other income (expense)	127		260		159		513
Consolidated profit before taxes	3,652		2,096		6,286		4,095
Provision (benefit) for income taxes	752		427		1,460		896
Profit of consolidated companies	2,900		1,669		4,826		3,199
Equity in profit (loss) of unconsolidated affiliated companies	24		4		40		11
Profit of consolidated and affiliated companies	2,924		1,673		4,866		3,210
Less: Profit (loss) attributable to noncontrolling interests	2		0		1		0
Profit	$ 2,922	[1]	$ 1,673	[1]	$ 4,865	[2]	$ 3,210	[2]
Profit per common share (in dollars per share)	$ 5.70		$ 3.15		$ 9.46		$ 6.03
Profit per common share - diluted (in dollars per share)	$ 5.67	[3]	$ 3.13	[3]	$ 9.41	[4]	$ 5.99	[4]
Weighted-average common shares outstanding (millions)
Basic (in shares)	512.9		531.0		514.3		532.6
Diluted (in shares)	515.0	[3]	534.1	[3]	517.1	[4]	536.1	[4]
Machinery, Energy & Transportation
Sales and revenues:
Total sales and revenues	$ 16,545		$ 13,539		$ 31,644		$ 26,425
Financial Products
Sales and revenues:
Total sales and revenues	773		708		1,536		1,411
Operating costs:
Interest expense of Financial Products	245		120		462		226
All other excluding Financial Products
Operating costs:
Interest expense excluding Financial Products	$ 127		$ 108		$ 256		$ 217

[1] Profit attributable to common shareholders.

[2] Profit attributable to common shareholders.

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

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