Consolidated Statement of Cash Flows - USD ($) $ in Millions	6 Months Ended
	Jun. 30, 2023	Jun. 30, 2022
Cash Flows from Operating Activities
Net income (loss) including noncontrolling interest	$ (5,855)	$ 1,385
Adjustments to reconcile net income (loss) including noncontrolling interest to net cash provided by operating activities
Depreciation and amortization	915	921
Company pension and postretirement contributions	(57)	(80)
Company pension and postretirement expense	75	83
Stock-based compensation expense	176	182
Deferred income taxes	(2,547)	(451)
Changes in assets and liabilities
Accounts receivable	(393)	(457)
Inventories	101	(837)
Accounts payable	135	401
Accrued income taxes (current and long-term)	(409)	(9)
Other — net	10,643	1,000
Net cash provided by (used in) operating activities	2,784	2,138
Cash Flows from Investing Activities
Purchases of property, plant and equipment (PP&E)	(852)	(808)
Proceeds from sale of PP&E and other assets	23	56
Purchases of marketable securities and investments	(775)	(518)
Proceeds from maturities and sale of marketable securities and investments	945	456
Proceeds from sale of businesses, net of cash sold	3	13
Other — net	37	(13)
Net cash provided by (used in) investing activities	(619)	(814)
Cash Flows from Financing Activities
Change in short-term debt — net	651	344
Repayment of debt (maturities greater than 90 days)	(1,802)	(1,179)
Proceeds from debt (maturities greater than 90 days)	1,107	1
Purchases of treasury stock	(29)	(773)
Proceeds from issuance of treasury stock pursuant to stock option and benefit plans	218	227
Dividends paid to shareholders	(1,655)	(1,700)
Other — net	(9)	(22)
Net cash provided by (used in) financing activities	(1,519)	(3,102)
Effect of exchange rate changes on cash and cash equivalents	(43)	(64)
Net increase (decrease) in cash and cash equivalents	603	(1,842)
Cash and cash equivalents at beginning of year	3,655	4,564
Cash and cash equivalents at end of period	$ 4,258	$ 2,722