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Condensed Consolidated Statement of Earnings (Unaudited) - USD ($)
shares in Thousands, $ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2025
Jun. 30, 2024
Jun. 30, 2025
Jun. 30, 2024
Income Statement [Abstract]        
Net sales $ 11,142 $ 10,377 $ 21,500 $ 20,341
Cost of products sold, excluding amortization of intangible assets 4,854 4,603 9,322 9,066
Amortization of intangible assets 420 471 840 943
Research and development 725 698 1,441 1,382
Selling, general and administrative 3,091 2,936 6,152 5,895
Total operating cost and expenses 9,090 8,708 17,755 17,286
Operating earnings 2,052 1,669 3,745 3,055
Interest expense 121 140 252 281
Interest (income) (71) (82) (153) (162)
Net foreign exchange (gain) loss (11) (6) (18) (6)
Other (income) expense, net (137) 10 (264) (101)
Earnings before taxes 2,150 1,607 3,928 3,043
Taxes on earnings 371 305 824 516
Net Earnings $ 1,779 $ 1,302 $ 3,104 $ 2,527
Basic Earnings Per Common Share (in dollars per share) $ 1.02 $ 0.74 $ 1.78 $ 1.45
Diluted Earnings Per Common Share (in dollars per share) $ 1.01 $ 0.74 $ 1.77 $ 1.44
Average Number of Common Shares Outstanding Used for Basic Earnings Per Common Share (in shares) 1,743,437 1,743,040 1,741,348 1,741,595
Dilutive Common Stock Options (in shares) 7,398 8,113 7,706 8,781
Average Number of Common Shares Outstanding Plus Dilutive Common Stock Options (in shares) 1,750,835 1,751,153 1,749,054 1,750,376
Outstanding Common Stock Options Having No Dilutive Effect (in shares) 1,442 8,855 1,431 6,892