XML 60 R2.htm IDEA: XBRL DOCUMENT v2.4.0.8
Condensed Consolidated Statement of Comprehensive Income (USD $)
In Millions, except Per Share data, unless otherwise specified
3 Months Ended 9 Months Ended
Sep. 30, 2013
Sep. 30, 2012
Sep. 30, 2013
Sep. 30, 2012
Net Sales:        
Product sales $ 11,243 $ 10,839 $ 33,159 $ 28,843
Service sales 4,219 4,203 12,708 12,422
Total net sales 15,462 15,042 45,867 41,265
Costs and Expenses:        
Cost of products sold 8,316 8,278 24,876 21,724
Cost of services sold 2,704 2,725 8,161 8,143
Research and development 630 590 1,871 1,659
Selling, general and administrative 1,633 1,619 4,997 4,657
Total costs and expenses 13,283 13,212 39,905 36,183
Other income, net 187 211 917 851
Operating profit 2,366 2,041 6,879 5,933
Interest expense, net 226 216 679 513
Income from continuing operations before income taxes 2,140 1,825 6,200 5,420
Income tax expense 614 484 1,677 1,257
Net income from continuing operations 1,526 1,341 4,523 4,163
Less: Noncontrolling interest in subsidiaries' earnings from continuing operations 111 94 286 261
Income from continuing operations attributable to common shareowners 1,415 1,247 4,237 3,902
Discontinued operations (Note 2):        
Income (loss) from operations 0 91 63 (1,017)
(Gain) loss on disposal 10 (26) (30) (62)
Income tax benefit (expense) 7 105 (12) 256
Income (loss) from discontinued operations 17 170 21 (823)
Less: Noncontrolling interest in subsidiaries' earnings from discontinued operations 0 2 0 6
Income (loss) from discontinued operations attributable to common shareowners 17 168 21 (829)
Net income attributable to common shareowners 1,432 1,415 4,258 3,073
Comprehensive income 2,235 2,546 4,658 4,171
Less: Comprehensive income attributable to noncontrolling interests 128 119 277 271
Comprehensive income attributable to common shareowners $ 2,107 $ 2,427 $ 4,381 $ 3,900
Earnings Per Share of Common Stock - Basic:        
Income from continuing operations attributable to common shareowners $ 1.57 $ 1.39 $ 4.70 $ 4.37
Net income attributable to common shareowners $ 1.59 $ 1.58 $ 4.73 $ 3.44
Earnings Per Share of Common Stock - Diluted:        
Income from continuing operations attributable to common shareowners $ 1.55 $ 1.37 $ 4.64 $ 4.31
Net income attributable to common shareowners $ 1.57 $ 1.56 $ 4.66 $ 3.39