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Condensed Consolidated Statements of Operations - USD ($)
$ in Millions
3 Months Ended 9 Months Ended
Sep. 30, 2020
Sep. 30, 2019
Sep. 30, 2020
Sep. 30, 2019
Net Sales:        
Revenues $ 3,268 $ 3,313 $ 9,263 $ 9,765
Costs and Expenses:        
Research and development 37 39 112 118
Selling, general and administrative 481 444 1,387 1,329
Costs and expenses 2,807 2,821 7,995 8,352
Other income (expense), net (7) (10) (69) (35)
Operating profit 454 482 1,199 1,378
Non-service pension cost (benefit) 2 (16) 0 (38)
Interest expense (income), net 39 (6) 85 (8)
Net income before income taxes 413 504 1,114 1,424
Income tax expense 103 143 337 411
Net income 310 361 777 1,013
Less: Noncontrolling interest in subsidiaries' earnings 44 44 122 115
Net income attributable to common shareholders $ 266 $ 317 $ 655 $ 898
Earnings per share (Note 3):        
Net income attributable to common shareholders (in usd per share) $ 0.61 $ 0.73 $ 1.51 $ 2.07
Earnings Per Share, Diluted [Abstract]        
Net income attributable to common shareholders (in usd per share) $ 0.61 $ 0.73 $ 1.51 $ 2.07
Product sales        
Net Sales:        
Revenues $ 1,423 $ 1,450 $ 3,840 $ 4,221
Costs and Expenses:        
Cost of products and services sold 1,172 1,184 3,158 3,453
Service sales        
Net Sales:        
Revenues 1,845 1,863 5,423 5,544
Costs and Expenses:        
Cost of products and services sold $ 1,117 $ 1,154 $ 3,338 $ 3,452