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Consolidated Statements Of Earnings - USD ($)
shares in Millions, $ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2023
Jun. 30, 2022
Jun. 30, 2023
Jun. 30, 2022
Income Statement [Abstract]        
Revenues $ 25,190 $ 27,284 $ 49,262 $ 50,934
Cost of Products Sold 23,307 25,184 45,299 46,937
Gross Profit 1,883 2,100 3,963 3,997
Selling, general, and administrative expenses 841 814 1,722 1,643
Asset impairment, exit, and restructuring costs 60 1 67 2
Interest Expense 180 73 327 165
Equity in (earnings) losses of unconsolidated affiliates (151) (192) (325) (396)
Interest and investment income (142) (32) (276) (91)
Other (Income) Expense - Net (37) (83) (81) (116)
Earnings Before Income Taxes 1,132 1,519 2,529 2,790
Income taxes 204 279 429 486
Net earnings including noncontrolling interests 928 1,240 2,100 2,304
Net Income (Loss) Attributable to Noncontrolling Interest 1 4 3 14
Net Earnings Attributable to Controlling Interests $ 927 $ 1,236 $ 2,097 $ 2,290
Average number of shares outstanding - basic 545 566 548 566
Average number of shares outstanding - diluted 546 568 549 568
Earnings Per Share, Basic $ 1.70 $ 2.18 $ 3.83 $ 4.05
Earnings Per Share, Diluted 1.70 2.18 3.82 4.03
Dividends per common share $ 0.45 $ 0.40 $ 0.90 $ 0.80