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Condensed Consolidated Statement of Operations - USD ($)
$ in Millions
3 Months Ended
Mar. 31, 2022
Mar. 31, 2021
Net Sales:    
Net sales $ 15,716 $ 15,251
Costs and Expenses:    
Research and development 635 589
Selling, general and administrative 1,469 1,220
Total costs and expenses 14,664 14,346
Other income, net 28 108
Operating profit 1,080 1,013
Non-service pension income (480) (491)
Interest expense, net 318 346
Total non-operating expense (income), net (162) (145)
Income from continuing operations before income taxes 1,242 1,158
Income tax expense 116 345
Net income from continuing operations 1,126 813
Less: Noncontrolling interest in subsidiaries’ earnings from continuing operations 23 41
Income from continuing operations attributable to common shareowners 1,103 772
Loss from discontinued operations attributable to common shareowners (19) (19)
Net income attributable to common shareowners $ 1,084 $ 753
Earnings (loss) Per Share attributable to common shareowners - Basic:    
Income from continuing operations $ 0.74 $ 0.51
Loss from discontinued operations (0.01) (0.01)
Net income attributable to common shareowners 0.73 0.50
Earnings (loss) Per Share attributable to common shareowners - Diluted:    
Income from continuing operations 0.74 0.51
Loss from discontinued operations (0.02) (0.01)
Net income attributable to common shareowners $ 0.72 $ 0.50
Product [Member]    
Net Sales:    
Net sales $ 11,862 $ 11,664
Costs and Expenses:    
Cost of Sales 9,820 9,974
Service [Member]    
Net Sales:    
Net sales 3,854 3,587
Costs and Expenses:    
Cost of Sales $ 2,740 $ 2,563