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Pay vs Performance Disclosure
12 Months Ended
Dec. 31, 2022
USD ($)
Dec. 31, 2021
USD ($)
Dec. 31, 2020
USD ($)
Pay vs Performance Disclosure [Table]      
Pay vs Performance [Table Text Block]
PAY VERSUS PERFORMANCE DISCLOSURE
The following table provides information on compensation for the principal executive officer (“PEO”), the average compensation for the other Named Executive Officers
(“Non-PEO
NEOs”) and certain measures of the Company’s financial performance for the last three fiscal years ended December 31, 2022:
 
Year
  
Summary
Compensation
Table Total
for PEO

($) (a)
    
Compensation
Actually Paid
to PEO

($) (a) (b) (c)
    
Average
Summary
Compensation
Table Total
for
Non-PEO

NEOs

($) (a)
    
Average
Compensation
Actually Paid
to
Non-PEO

NEOs

($) (a) (b) (c)
    
Value of Initial Fixed $100
Investment Based On:
    
Net
Income
($ Bil.)
    
After-Tax

Return
on
Revenue
(%)
 
  
Total
Shareholder
Return

($) (d)
    
Peer Group
Total
Shareholder
Return

($) (d)
 
2022
     9,961,737        12,616,278        2,814,187        3,521,502        138.21        178.91        3.0        10.4  
2021
     12,800,753        10,086,318        3,743,979        3,261,059        118.05        162.86        1.9        7.9  
2020
     8,770,878        6,840,581        3,762,789        3,143,617        111.74        132.46        1.3        6.9  
 
(a)
R. P. Feight was the PEO in 2022, 2021 and 2020. H. C. Schippers, M. T. Barkley, C. M. Dozier and D. C. Siver were the
Non-PEO
NEOs in 2022 and 2021. H. C. Schippers, M. T. Barkley, T. K. Quinn and D. C. Siver were the
Non-PEO
NEOs in 2020.
 
(b)
The value of the “compensation actually paid” to our PEO and
Non-PEO
NEOs reflect the following adjustments from the Summary Compensation Table:
 
PEO
  
2022
   
2021
   
2020
 
Summary Compensation Table Total
  
$
9,961,737
 
 
$
12,800,753
 
 
$
8,770,878
 
Deducted
Change in Pension Value in Summary Compensation Table
   ($ 43,437   ($ 3,022,430   ($ 2,764,444
Added
pension plan service cost and prior service cost
   $ 681,190     $ 585,062     $ 503,152  
Deducted
Stock and Option Awards values reported in Summary Compensation Table
   ($ 5,173,050   ($ 5,222,256   ($ 3,388,524
Added
fair value at fiscal
year-end
of Stock and Option Awards granted during covered year that remain outstanding and unvested as of fiscal year end
   $ 5,171,390     $ 4,532,153     $ 3,469,043  
Added
change as of covered year fiscal year end (from prior fiscal year end) in fair value of Stock and Option Awards granted in a prior fiscal year that remain outstanding and unvested as of fiscal
year-end
   $ 1,908,027     $ 364,657     $ 222,255  
Added
dollar value of dividends or other earnings paid on Stock or Option Awards during fiscal year prior to vesting date
   $ 110,421     $ 48,379     $ 28,221  
Compensation Actually Paid
  
$
12,616,278
 
 
$
10,086,318
 
 
$
6,840,581
 
 
Non-PEO
NEOs
  
2022
    
2021
    
2020
 
Average Summary Compensation Table Total
  
$
2,814,187
 
  
$
3,743,979
 
  
$
3,762,789
 
Deducted
average
Change in Pension Value in Summary Compensation Table
   ($ 31,216    ($ 719,975    ($ 1,192,419
Added
average
pension plan service cost and prior service cost
   $ 189,787      $ 285,277      $ 281,122  
Deducted
average
Stock and Option Awards values reported in Summary Compensation Table
   ($ 1,025,279    ($ 1,011,741    ($ 770,267
Added
average fair value at fiscal
year-end
of Stock and Option Awards granted during covered year that remain outstanding and unvested as of fiscal year end
   $ 1,068,075      $ 872,333      $ 825,546  
Added
average change as of covered year fiscal year end (from prior fiscal year end) in fair value of Stock and Option Awards granted in a prior fiscal year that remain outstanding and unvested as of fiscal
year-end
   $ 476,533      $ 70,797      $ 202,152  
Added
average dollar value of dividends or other earnings paid on Stock or Option Awards during fiscal year prior to vesting date
   $ 29,415      $ 20,389      $ 34,694  
Average Compensation Actually Paid
  
$
3,521,502
 
  
$
3,261,059
 
  
$
3,143,617
 
 
(c)
Stock option grant date fair values are calculated based on the Black-Scholes option pricing model as of the date of grant. Adjustments have been made using stock option fair values as of each measurement date using the stock price as of the measurement date and updated assumptions (
i.e.,
term, volatility, dividend yield, risk free rates) as of the measurement date. Restricted stock/RSU grant date fair values are calculated using the stock price as of the date of grant. Adjustments have been made using the stock price as of fiscal year end and as of each date of vest.
 
(d)
Total shareholder return is based on a $100 investment as of December 31, 2019 and determined using Standard and Poor’s calculations of the cumulative total shareholder return on the Company’s common stock and the stock of each of the Peer Companies for the applicable year, weighted according to its respective capitalization at the beginning of each period, with dividends reinvested on a monthly basis.
 
   
Company Selected Measure Name After-TaxReturnonRevenue    
Named Executive Officers, Footnote [Text Block] R. P. Feight was the PEO in 2022, 2021 and 2020. H. C. Schippers, M. T. Barkley, C. M. Dozier and D. C. Siver were the
Non-PEO
NEOs in 2022 and 2021. H. C. Schippers, M. T. Barkley, T. K. Quinn and D. C. Siver were the
Non-PEO
NEOs in 2020.
   
Peer Group Issuers, Footnote [Text Block] Total shareholder return is based on a $100 investment as of December 31, 2019 and determined using Standard and Poor’s calculations of the cumulative total shareholder return on the Company’s common stock and the stock of each of the Peer Companies for the applicable year, weighted according to its respective capitalization at the beginning of each period, with dividends reinvested on a monthly basis.    
PEO Total Compensation Amount $ 9,961,737 $ 12,800,753 $ 8,770,878
PEO Actually Paid Compensation Amount $ 12,616,278 10,086,318 6,840,581
Adjustment To PEO Compensation, Footnote [Text Block]
PEO
  
2022
   
2021
   
2020
 
Summary Compensation Table Total
  
$
9,961,737
 
 
$
12,800,753
 
 
$
8,770,878
 
Deducted
Change in Pension Value in Summary Compensation Table
   ($ 43,437   ($ 3,022,430   ($ 2,764,444
Added
pension plan service cost and prior service cost
   $ 681,190     $ 585,062     $ 503,152  
Deducted
Stock and Option Awards values reported in Summary Compensation Table
   ($ 5,173,050   ($ 5,222,256   ($ 3,388,524
Added
fair value at fiscal
year-end
of Stock and Option Awards granted during covered year that remain outstanding and unvested as of fiscal year end
   $ 5,171,390     $ 4,532,153     $ 3,469,043  
Added
change as of covered year fiscal year end (from prior fiscal year end) in fair value of Stock and Option Awards granted in a prior fiscal year that remain outstanding and unvested as of fiscal
year-end
   $ 1,908,027     $ 364,657     $ 222,255  
Added
dollar value of dividends or other earnings paid on Stock or Option Awards during fiscal year prior to vesting date
   $ 110,421     $ 48,379     $ 28,221  
Compensation Actually Paid
  
$
12,616,278
 
 
$
10,086,318
 
 
$
6,840,581
 
   
Non-PEO NEO Average Total Compensation Amount $ 2,814,187 3,743,979 3,762,789
Non-PEO NEO Average Compensation Actually Paid Amount $ 3,521,502 3,261,059 3,143,617
Adjustment to Non-PEO NEO Compensation Footnote [Text Block]
Non-PEO
NEOs
  
2022
    
2021
    
2020
 
Average Summary Compensation Table Total
  
$
2,814,187
 
  
$
3,743,979
 
  
$
3,762,789
 
Deducted
average
Change in Pension Value in Summary Compensation Table
   ($ 31,216    ($ 719,975    ($ 1,192,419
Added
average
pension plan service cost and prior service cost
   $ 189,787      $ 285,277      $ 281,122  
Deducted
average
Stock and Option Awards values reported in Summary Compensation Table
   ($ 1,025,279    ($ 1,011,741    ($ 770,267
Added
average fair value at fiscal
year-end
of Stock and Option Awards granted during covered year that remain outstanding and unvested as of fiscal year end
   $ 1,068,075      $ 872,333      $ 825,546  
Added
average change as of covered year fiscal year end (from prior fiscal year end) in fair value of Stock and Option Awards granted in a prior fiscal year that remain outstanding and unvested as of fiscal
year-end
   $ 476,533      $ 70,797      $ 202,152  
Added
average dollar value of dividends or other earnings paid on Stock or Option Awards during fiscal year prior to vesting date
   $ 29,415      $ 20,389      $ 34,694  
Average Compensation Actually Paid
  
$
3,521,502
 
  
$
3,261,059
 
  
$
3,143,617
 
   
Compensation Actually Paid vs. Total Shareholder Return [Text Block] LOGO    
Compensation Actually Paid vs. Net Income [Text Block] LOGO    
Compensation Actually Paid vs. Company Selected Measure [Text Block] LOGO    
Tabular List [Table Text Block]
Performance Measures
The following table lists the most important financial performance measures used to link compensation actually paid to the PEO and
Non-PEO
NEOs for the fiscal year ended December 31, 2022:
 
   
Net Income
 
   
After-Tax
Return on Revenue
 
   
Three-Year Change in Net Income
 
   
Return on Sales
 
   
Return on Capital
The Company’s use of these financial performance measures is described in the Compensation Discussion and Analysis section under the headings “Annual Incentive Cash Compensation (“IC”)” and “Long-Term Incentive Compensation (“LTIP”).”
 
   
Total Shareholder Return Amount $ 138.21 118.05 111.74
Peer Group Total Shareholder Return Amount 178.91 162.86 132.46
Net Income (Loss) $ 3,000,000,000 $ 1,900,000,000 $ 1,300,000,000
Company Selected Measure Amount 0.104 0.079 0.069
PEO Name R. P. Feight R. P. Feight R. P. Feight
Measure [Axis]: 1      
Pay vs Performance Disclosure [Table]      
Measure Name Net Income    
Measure [Axis]: 2      
Pay vs Performance Disclosure [Table]      
Measure Name After-Tax Return on Revenue    
Measure [Axis]: 3      
Pay vs Performance Disclosure [Table]      
Measure Name Three-Year Change in Net Income    
Measure [Axis]: 4      
Pay vs Performance Disclosure [Table]      
Measure Name Return on Sales    
Measure [Axis]: 5      
Pay vs Performance Disclosure [Table]      
Measure Name Return on Capital    
PEO [Member] | Change in Pension Value in Summary Compensation [Member]      
Pay vs Performance Disclosure [Table]      
Adjustment to Compensation Amount $ (43,437) $ (3,022,430) $ (2,764,444)
PEO [Member] | Pension plan service cost and prior service cost [Member]      
Pay vs Performance Disclosure [Table]      
Adjustment to Compensation Amount 681,190 585,062 503,152
PEO [Member] | Stock and Option Awards values reported in Summary Compensation [Member]      
Pay vs Performance Disclosure [Table]      
Adjustment to Compensation Amount (5,173,050) (5,222,256) (3,388,524)
PEO [Member] | Fair value at fiscal yearend of Stock and Option Awards granted during covered year that remain outstanding and unvested as of fiscal year end [Member]      
Pay vs Performance Disclosure [Table]      
Adjustment to Compensation Amount 5,171,390 4,532,153 3,469,043
PEO [Member] | Change as of covered year fiscal year end (from prior fiscal year end) in fair value of Stock and Option Awards granted in a prior fiscal year that remain outstanding and unvested as of fiscal year [Member]      
Pay vs Performance Disclosure [Table]      
Adjustment to Compensation Amount 1,908,027 364,657 222,255
PEO [Member] | Dollar value of dividends or other earnings paid on Stock or Option Awards during fiscal year prior to vesting date [Member]      
Pay vs Performance Disclosure [Table]      
Adjustment to Compensation Amount 110,421 48,379 28,221
Non-PEO NEO [Member] | Change in Pension Value in Summary Compensation [Member]      
Pay vs Performance Disclosure [Table]      
Adjustment to Compensation Amount (31,216) (719,975) (1,192,419)
Non-PEO NEO [Member] | Pension plan service cost and prior service cost [Member]      
Pay vs Performance Disclosure [Table]      
Adjustment to Compensation Amount 189,787 285,277 281,122
Non-PEO NEO [Member] | Stock and Option Awards values reported in Summary Compensation [Member]      
Pay vs Performance Disclosure [Table]      
Adjustment to Compensation Amount (1,025,279) (1,011,741) (770,267)
Non-PEO NEO [Member] | Fair value at fiscal yearend of Stock and Option Awards granted during covered year that remain outstanding and unvested as of fiscal year end [Member]      
Pay vs Performance Disclosure [Table]      
Adjustment to Compensation Amount 1,068,075 872,333 825,546
Non-PEO NEO [Member] | Change as of covered year fiscal year end (from prior fiscal year end) in fair value of Stock and Option Awards granted in a prior fiscal year that remain outstanding and unvested as of fiscal year [Member]      
Pay vs Performance Disclosure [Table]      
Adjustment to Compensation Amount 476,533 70,797 202,152
Non-PEO NEO [Member] | Dollar value of dividends or other earnings paid on Stock or Option Awards during fiscal year prior to vesting date [Member]      
Pay vs Performance Disclosure [Table]      
Adjustment to Compensation Amount $ 29,415 $ 20,389 $ 34,694