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Consolidated Statements Of Earnings - USD ($)
shares in Millions, $ in Millions
12 Months Ended
Dec. 31, 2016
Dec. 31, 2015
Dec. 31, 2014
Income Statement [Abstract]      
Revenues $ 62,346 $ 67,702 $ 81,201
Cost of products sold 58,662 63,682 76,433
Gross Profit 3,684 4,020 4,768
Selling, general and administrative expenses 2,045 2,039 1,933
Asset impairment, exit, and restructuring costs 55 200 105
Interest expense 293 308 337
Equity in earnings of unconsolidated affiliates (292) (390) (372)
Interest income (92) (71) (92)
Other (income) expense - net (147) (350) (273)
Earnings Before Income Taxes 1,822 2,284 3,130
Income taxes 534 438 877
Net Earnings Including Noncontrolling Interests 1,288 1,846 2,253
Less: Net earnings (losses) attributable to noncontrolling interests 9 (3) 5
Net Earnings Attributable to Controlling Interests $ 1,279 $ 1,849 $ 2,248
Average number of shares outstanding - basic 588 618 653
Average number of shares outstanding - diluted 591 621 656
Basic earnings per common share (dollars per share) $ 2.18 $ 2.99 $ 3.44
Diluted earnings per common share (dollars per share) $ 2.16 $ 2.98 $ 3.43