CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($) $ in Millions	6 Months Ended
	Jun. 30, 2025	Jun. 30, 2024
Operating activities
Net income	$ 1,947	$ 1,816
Adjustments to reconcile to net cash provided by operating activities
Depreciation and amortization	493	452
Deferred income taxes	123	9
Pension and other postretirement benefits expense	20	11
Contributions to pension plans	(58)	(64)
Contributions to other postretirement benefits plans	(9)	(8)
Changes in working capital	(1,397)	(784)
Other - net	37	(11)
Net cash provided by operating activities	1,156	1,421
Investing activities
Capital expenditures for property, plant and equipment	(349)	(370)
Cash paid for acquisition of businesses, net of cash acquired	(1,450)	(51)
Proceeds from sales of property, plant and equipment	53	77
Investments in associate companies	(16)	(68)
Return of investment from associate companies	0	33
Sales (purchases) of short-term investments - net	1,343	(126)
Proceeds from (payments for) settlement of currency exchange contracts not designated as hedges - net	(21)	1
Other - net	(49)	(7)
Net cash used in investing activities	(490)	(511)
Financing activities
Proceeds from borrowings	1,058	1,084
Payments on borrowings	(713)	(399)
Short-term debt, net	1,111	(4)
Cash dividends paid	(818)	(756)
Exercise of employee stock options	29	46
Repurchase of shares	(1,307)	(738)
Employee taxes paid from shares withheld	(46)	(63)
Other - net	(11)	(8)
Net cash used in financing activities	(697)	(839)
Effect of currency on cash	(126)	(20)
Total increase (decrease) in cash	(157)	52
Cash at the beginning of the period	555	488
Cash at the end of the period	$ 398	$ 540