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Condensed Consolidated Statement of Operations - USD ($)
$ in Millions
3 Months Ended
Mar. 31, 2024
Mar. 31, 2023
Net Sales:    
Net sales $ 19,305 $ 17,214
Costs and Expenses:    
Research and development 669 607
Selling, general and administrative 1,394 1,363
Total costs and expenses 17,807 15,615
Other income, net 372 88
Operating profit 1,870 1,687
Non-service pension income (386) (444)
Interest expense, net 405 315
Total non-operating expense (income), net 19 (129)
Income before income taxes 1,851 1,816
Income tax expense 108 335
Net income 1,743 1,481
Less: Noncontrolling interest in subsidiaries’ earnings 34 55
Net income attributable to common shareowners $ 1,709 $ 1,426
Earnings Per Share attributable to common shareowners:    
Basic $ 1.29 $ 0.98
Diluted $ 1.28 $ 0.97
Product [Member]    
Net Sales:    
Net sales $ 14,303 $ 12,787
Costs and Expenses:    
Cost of sales 12,216 10,700
Service [Member]    
Net Sales:    
Net sales 5,002 4,427
Costs and Expenses:    
Cost of sales $ 3,528 $ 2,945