CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (UNAUDITED) $ in Millions	6 Months Ended
	Jun. 30, 2024 USD ($)		Jun. 30, 2023 USD ($)
Operating Activities
Net income before allocation to noncontrolling interests	$ 1,223		$ 1,221
Adjustments to reconcile net income before noncontrolling interests to net cash provided by operating activities:
Depreciation and amortization expense	253	[1],[2]	241	[1],[2]
Share-based compensation expense	37		26
Asset write-offs and asset impairments	13		13
Gain on sale of business, excluding transaction costs	0		(118)
Provision for losses on inventory	42		47
Deferred taxes	(144)		(26)
Other non-cash adjustments	11		(6)
Other changes in assets and liabilities, net of acquisitions and divestitures:
Accounts receivable	(112)		(116)
Inventories	(115)		(424)
Other assets	(35)		(82)
Accounts payable	20		65
Other liabilities	(88)		(59)
Other tax accounts, net	(30)		(50)
Net cash provided by operating activities	1,097		732
Investing Activities
Capital expenditures	(272)		(389)
Acquisitions, net of cash acquired	(8)		(7)
Purchase of investments	(3)		(2)
Proceeds from derivative instrument activity, net	21		3
Net cash proceeds	0		93
Net proceeds from sale of assets	1		3
Payments for (Proceeds from) Other Investing Activities	(2)		3
Net cash used in investing activities	(263)		(296)
Financing Activities
Decrease in short-term borrowings, net	(3)		0
Principal payments on long-term debt	0		(1,350)
Payment of consideration related to previous acquisitions	(5)		0
Share-based compensation-related proceeds, net of taxes paid on withholding shares	(12)		8
Purchases of treasury stock	(872)		(607)
Cash dividends paid	(395)		(347)
Net cash used in financing activities	(1,287)		(2,296)
Effect of exchange-rate changes on cash and cash equivalents	(14)		(4)
Net decrease in cash and cash equivalents	(467)		(1,864)
Cash and cash equivalents at beginning of period	2,041		3,581
Cash and cash equivalents at end of period	1,574		1,717
Dividends declared, not paid	197
Cash paid during the period for:
Income taxes	481		458
Interest, net of capitalized interest	138		158
Amounts included in the measurement of lease liabilities:	30		28
Financing cash flows - finance leases	1		0
Non-cash transactions:
Capital expenditures	3		3
Excise tax accrued on net share repurchases, not paid	8		5
Lease obligations obtained in exchange for right-of-use assets - operating	26		33
Disposal Group, Held-for-Sale, Not Discontinued Operations
Adjustments to reconcile net income before noncontrolling interests to net cash provided by operating activities:
Loss on assets held for sale	$ 22		$ 0

[1] Certain production facilities are shared. Depreciation and amortization is allocated to the reportable operating segments based on estimates of where the benefits of the related assets are realized.

[2] Defined as income before provision for taxes on income.