XML 98 R90.htm IDEA: XBRL DOCUMENT v3.10.0.1
Supplemental Information - Supplemental Information of Income Statement (Detail) - USD ($)
$ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2018
Jun. 30, 2017
Jun. 30, 2018
Jun. 30, 2017
Revenues        
Net sales $ 7,579 $ 6,525 $ 13,879 $ 11,815 [1]
Finance, interest and other income 466 478 939 973 [1]
Total Revenues 8,045 7,003 14,818 12,788 [1]
Costs and Expenses        
Cost of goods sold 6,188 5,393 11,444 9,875 [1]
Selling, general and administrative expenses 593 571 1,183 1,110 [1]
Research and development expenses 262 228 489 419 [1]
Restructuring expenses 5 12 8 24 [1]
Interest expense 192 233 392 452 [1]
Other, net 302 247 553 510 [1]
Total Costs and Expenses 7,542 6,684 14,069 12,390 [1]
Income before income taxes and equity in income of unconsolidated subsidiaries and affiliates 503 319 749 398 [1]
Income tax (expense) (118) (110) (181) (161) [1]
Equity in income of unconsolidated subsidiaries and affiliates 23 27 42 45 [1]
Net income [2] 408 236 [1] 610 282 [1],[3]
Industrial Activities [Member]        
Revenues        
Net sales 7,579 6,525 13,879 11,815
Finance, interest and other income 23 29 50 65
Total Revenues 7,602 6,554 13,929 11,880
Costs and Expenses        
Cost of goods sold 6,188 5,393 11,444 9,875
Selling, general and administrative expenses 545 515 1,072 989
Research and development expenses 262 228 489 419
Restructuring expenses 5 11 8 22
Interest expense 111 150 231 289
Other, net 124 59 204 128
Total Costs and Expenses 7,235 6,356 13,448 11,722
Income before income taxes and equity in income of unconsolidated subsidiaries and affiliates 367 198 481 158
Income tax (expense) (79) (69) (102) (82)
Equity in income of unconsolidated subsidiaries and affiliates 18 20 26 32
Results from intersegment investments 102 87 205 174
Net income 408 236 610 282
Financial Activities [Member]        
Revenues        
Finance, interest and other income 498 502 1,000 1,014
Total Revenues 498 502 1,000 1,014
Costs and Expenses        
Selling, general and administrative expenses 48 56 111 121
Restructuring expenses   1   2
Interest expense 136 137 272 268
Other, net 178 187 349 383
Total Costs and Expenses 362 381 732 774
Income before income taxes and equity in income of unconsolidated subsidiaries and affiliates 136 121 268 240
Income tax (expense) (39) (41) (79) (79)
Equity in income of unconsolidated subsidiaries and affiliates 5 7 16 13
Net income $ 102 $ 87 $ 205 $ 174
[1] 2017 figures have been recast following the retrospective adoption on January 1, 2018, of the updated accounting standards for revenue recognition (ASC 606) and retirement benefits accounting (ASU 2017-07).
[2] For Industrial Activities, net income net of “Results from intersegment investments”. This item includes the pre-tax gain of $20 million as a result of the amortization over approximately 4.5 years of the $527 million positive impact from the modification of certain healthcare benefits in the U.S.
[3] 2017 figures have been recast following the retrospective adoption on January 1, 2018, of the updated accounting standards for revenue recognition (ASC 606) and cash flow presentation (ASU 2016-18).