XML 95 R87.htm IDEA: XBRL DOCUMENT v3.10.0.1
SUPPLEMENTAL INFORMATION - Income Statement (Detail) - USD ($)
$ in Millions
3 Months Ended 9 Months Ended
Sep. 30, 2018
Sep. 30, 2017
Sep. 30, 2018
Sep. 30, 2017
Revenues        
Net sales $ 6,245 $ 6,238 [1] $ 20,124 $ 18,053 [1]
Finance, interest and other income 441 451 [1] 1,380 1,424 [1]
Total Revenues 6,686 6,689 [1] 21,504 19,477 [1]
Costs and Expenses        
Cost of goods sold 5,162 5,229 [1] 16,606 15,104 [1]
Selling, general and administrative expenses 523 555 [1] 1,706 1,665 [1]
Research and development expenses 254 243 [1] 743 662 [1]
Restructuring expenses 8 53 [1] 16 77 [1]
Interest expense 189 258 [1] 581 710 [1]
Other, net 199 250 [1] 752 760 [1]
Total Costs and Expenses 6,335 6,588 [1] 20,404 18,978 [1]
Income before income taxes and equity in income of unconsolidated subsidiaries and affiliates 351 101 [1] 1,100 499 [1]
Income tax (expense) (131) (62) [1] (312) (223) [1]
Equity in income of unconsolidated subsidiaries and affiliates 11 21 [1] 53 66 [1]
Net income 231 60 [1] 841 342 [1],[2]
Industrial activities        
Revenues        
Net sales 6,245 6,238 20,124 18,053
Finance, interest and other income 23 28 73 93
Total Revenues 6,268 6,266 20,197 18,146
Costs and Expenses        
Cost of goods sold 5,162 5,229 16,606 15,104
Selling, general and administrative expenses 481 491 1,553 1,480
Research and development expenses 254 243 743 662
Restructuring expenses 8 53 16 75
Interest expense 102 172 333 461
Other, net 24 96 228 224
Total Costs and Expenses 6,031 6,284 19,479 18,006
Income before income taxes and equity in income of unconsolidated subsidiaries and affiliates 237 (18) 718 140
Income tax (expense) (100) (22) (202) (104)
Equity in income of unconsolidated subsidiaries and affiliates 2 14 28 46
Results from intersegment investments 92 86 297 260
Net income 231 60 841 342
Financial services        
Revenues        
Net sales 0 0 0 0
Finance, interest and other income 469 478 1,469 1,492
Total Revenues 469 478 1,469 1,492
Costs and Expenses        
Cost of goods sold 0 0 0 0
Selling, general and administrative expenses 42 64 153 185
Research and development expenses 0 0 0 0
Restructuring expenses 0 0 0 2
Interest expense 138 141 410 409
Other, net 175 154 524 537
Total Costs and Expenses 355 359 1,087 1,133
Income before income taxes and equity in income of unconsolidated subsidiaries and affiliates 114 119 382 359
Income tax (expense) (31) (40) (110) (119)
Equity in income of unconsolidated subsidiaries and affiliates 9 7 25 20
Results from intersegment investments 0 0 0 0
Net income $ 92 $ 86 $ 297 $ 260
[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] 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).