Provision for Income Taxes Provision for Income Taxes (Tables)

12 Months Ended

Dec. 31, 2016

Income Tax Disclosure [Abstract]

Schedule of Current and Deferred Income Tax Expense

	2016			2015			2014
Current tax expense on continuing operations:
U.S. federal	$	40		$	218		$	656
U.S. state and local	11			7			38
International	592			466			449
Total current tax expense on continuing operations	643			691			1,143
Deferred tax expense on continuing operations:
U.S. federal	27			139			91
U.S. state and local	(29		)	4			(42		)
International	103			(138		)	(24		)
Total deferred tax expense on continuing operations	101			5			25
Provision for income taxes on continuing operations	$	744		$	696		$	1,168

Schedule of Significant Components of Deferred Tax Assets and Liabilities

	2016					2015
	Asset			Liability		Asset			Liability
Depreciation	$	—		$	742	$	—		$	953
Accrued employee benefits	4,529			410		4,812			374
Other accrued expenses	617			222		624			61
Inventories	163			144		89			99
Unrealized exchange gains/losses	—			346		—			224
Tax loss/tax credit carryforwards/backs	1,808			—		2,124			—
Investment in subsidiaries and affiliates	126			230		133			154
Amortization of intangibles	210			1,345		187			1,331
Other	257			86		215			77
Valuation allowance	(1,308		)	—		(1,529		)	—
	$	6,402		$	3,525	$	6,655		$	3,273
Net deferred tax asset	$	2,877				$	3,382

Analysis of Company's Effective Income Tax Rate

	2016		2015		2014
Statutory U.S. federal income tax rate	35.0	%	35.0	%	35.0	%
Exchange gains/losses1	1.6		8.0		8.1
Domestic operations	(3.7	)	(2.8	)	(2.8	)
Lower effective tax rates on international operations-net	(9.3	)	(11.1	)	(11.4	)
Tax settlements	(0.1	)	(0.7	)	(0.6	)
Sale of a business	(0.1	)	(0.2	)	(0.4	)
U.S. research & development credit	(0.6	)	(1.3	)	(0.8	)
	22.8	%	26.9	%	27.1	%

^1.  Principally reflects the impact of foreign exchange losses on net monetary assets for which no corresponding tax benefit is realized. Further information about the company's foreign currency hedging program is included in Note 5 and Note 19 under the heading Foreign Currency Risk.

Consolidated Income Before Income Taxes for U.S. and International Operations

	2016		2015		2014
U.S. (including exports)	$	1,457	$	1,397	$	2,537
International	1,808		1,194		1,776
Income from continuing operations before income taxes	$	3,265	$	2,591	$	4,313

Reconciliation of the Beginning and Ending Amounts of Unrecognized Tax Benefits

	2016			2015			2014
Total unrecognized tax benefits as of January 1	$	846		$	986		$	901
Gross amounts of decreases in unrecognized tax benefits as a result of tax positions      taken during the prior period	(41		)	(98		)	(50		)
Gross amounts of increases in unrecognized tax benefits as a result of tax positions      taken during the prior period	32			13			84
Gross amounts of increases in unrecognized tax benefits as a result of tax positions      taken during the current period	55			69			92
Amount of decreases in the unrecognized tax benefits relating to settlements with taxing      authorities	(314		)	(58		)	(15		)
Reduction to unrecognized tax benefits as a result of a lapse of the applicable statute of      limitations	(30		)	(30		)	(3		)
Exchange loss (gain)	2			(36		)	(23		)
Total unrecognized tax benefits as of December 31	$	550		$	846		$	986
Total unrecognized tax benefits that, if recognized, would impact the effective tax rate	$	429		$	651		$	818
Total amount of interest and penalties recognized in the Consolidated Income Statements	$	20		$	(8	)	$	5
Total amount of interest and penalties recognized in the Consolidated Balance Sheets	$	98		$	105		$	117