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Consolidated Statement of Operations - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2017
Dec. 31, 2016
Dec. 31, 2015
Net Sales:      
Product sales $ 41,361 $ 40,735 $ 39,801
Service sales 18,476 16,509 16,297
Net Sales 59,837 57,244 56,098
Costs and Expenses:      
Cost of products sold 31,027 30,325 29,771
Cost of services sold 12,926 11,135 10,660
Research and development 2,387 2,337 2,279
Selling, general and administrative 6,183 6,060 5,886
Total costs and expenses 52,523 49,857 48,596
Other Income 1,358 785  
Other Expenses     211
Operating profit 8,672 8,172 7,291
Interest Expense, net 909 1,039 824
Income from continuing operations before income taxes 7,763 7,133 6,467
Income tax expense 2,843 1,697 2,111
Net income from continuing operations 4,920 5,436 4,356
Less: Noncontrolling interest in subsidiaries' earnings from continuing operations 368 371 360
Income from continuing operations attributable to common shareowners 4,552 5,065 3,996
Discontinued operations (Note 3):      
Income from operations 0 1 252
Gain on disposal 0 13 6,042
Income tax expense 24 2,684
Net (loss) income from discontinued operations 0 (10) 3,610
Less: Noncontrolling interest in subsidiaries' earnings (loss) from discontinued operations 0 0 (2)
(Loss) Income from discontinued operations attributable to common shareowners 0 (10) 3,612
Net income attributable to common shareowners $ 4,552 $ 5,055 $ 7,608
Earnings Per Share of Common Stock - Basic:      
Net income from continuing operations attributable to common shareowners $ 5.76 $ 6.19 $ 4.58
Net income attributable to common shareowners 5.76 6.18 8.72
Earnings Per Share of Common Stock - Diluted:      
Net income from continuing operations attributable to common shareowners 5.70 6.13 4.53
Net income attributable to common shareowners 5.70 6.12 8.61
Dividends Per Share of Common Stock $ 2.72 $ 2.62 $ 2.56
Weighted average number of shares outstanding:      
Basic shares 790,000,000 818,200,000.0 872,700,000.0
Diluted shares 799,100,000 826,100,000 883,200,000