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Consolidated Statements Of Earnings - USD ($)
shares in Millions, $ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2024
Jun. 30, 2023
Jun. 30, 2024
Jun. 30, 2023
Income Statement [Abstract]        
Revenues $ 22,248 $ 25,190 $ 44,095 $ 49,262
Cost of Products Sold 20,852 23,307 41,040 45,299
Gross Profit 1,396 1,883 3,055 3,963
Selling, general, and administrative expenses 907 841 1,858 1,722
Asset impairment, exit, and restructuring costs 7 60 25 67
Interest Expense 187 180 353 327
Equity in (earnings) losses of unconsolidated affiliates (152) (151) (364) (325)
Interest and investment income (140) (142) (263) (276)
Other (Income) Expense - Net (9) (37) (35) (81)
Earnings Before Income Taxes 596 1,132 1,481 2,529
Income taxes 115 204 281 429
Net earnings including noncontrolling interests 481 928 1,200 2,100
Net Income (Loss) Attributable to Noncontrolling Interest (5) 1 (15) 3
Net Earnings Attributable to Controlling Interests $ 486 $ 927 $ 1,215 $ 2,097
Average number of shares outstanding - basic 492 545 503 548
Average number of shares outstanding - diluted 493 546 503 549
Earnings Per Share, Basic $ 0.99 $ 1.70 $ 2.42 $ 3.83
Earnings Per Share, Diluted 0.98 1.70 2.41 3.82
Dividends per common share $ 0.50 $ 0.45 $ 1.00 $ 0.90