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Consolidated Statements Of Earnings - USD ($)
shares in Millions, $ in Millions
3 Months Ended 9 Months Ended
Sep. 30, 2019
Sep. 30, 2018
Sep. 30, 2019
Sep. 30, 2018
Income Statement [Abstract]        
Revenues $ 16,726 $ 15,800 $ 48,327 $ 48,394
Cost of Products Sold 15,648 14,742 45,349 45,266
Gross Profit 1,078 1,058 2,978 3,128
Selling, general, and administrative expenses 578 534 1,839 1,607
Asset impairment, exit, and restructuring costs 53 1 200 41
Interest Expense 97 87 307 267
Equity in (earnings) losses of unconsolidated affiliates (88) (131) (279) (378)
Interest income (47) (40) (142) (115)
Other (Income) Expense - Net (18) (25) (39) (42)
Earnings Before Income Taxes 503 632 1,092 1,748
Income taxes 95 96 212 250
Net earnings including noncontrolling interests 408 536 880 1,498
Less: Net earnings (losses) attributable to noncontrolling interests 1 0 5 3
Net Earnings Attributable to Controlling Interests $ 407 $ 536 $ 875 $ 1,495
Average number of shares outstanding - basic 562 565 564 564
Average number of shares outstanding - diluted 563 568 565 567
Earnings Per Share, Basic $ 0.72 $ 0.95 $ 1.55 $ 2.65
Earnings Per Share, Diluted 0.72 0.94 1.55 2.64
Dividends per common share $ 0.35 $ 0.335 $ 1.05 $ 1.005