Consolidated Statement of Results of Operations - USD ($) shares in Millions, $ in Millions		3 Months Ended
		Mar. 31, 2017	Mar. 31, 2016
Sales and revenues:
Sales of Machinery, Energy & Transportation		$ 9,130	$ 8,780
Revenues of Financial Products		692	681
Total sales and revenues		9,822	9,461
Operating costs:
Cost of goods sold		6,758	6,822
Selling, general and administrative expenses		1,045	1,088
Research and development expenses		418	508
Interest expense of Financial Products		159	152
Other operating (income) expenses		1,025	397
Total operating costs		9,405	8,967
Operating profit		417	494
Interest expense excluding Financial Products		123	129
Other income (expense)		(5)	0
Consolidated profit before taxes		289	365
Provision (benefit) for income taxes		90	92
Profit of consolidated companies		199	273
Equity in profit (loss) of unconsolidated affiliated companies		(5)	(1)
Profit of consolidated and affiliated companies		194	272
Less: Profit (loss) attributable to noncontrolling interests		2	1
Profit	[1]	$ 192	$ 271
Profit per common share (in dollars per share)		$ 0.33	$ 0.46
Profit per common share - diluted (in dollars per share)	[2]	$ 0.32	$ 0.46
Weighted-average common shares outstanding (millions)
Basic (in shares)		587.5	582.8
Diluted (in shares)	[2]	593.2	587.7
Cash dividends declared per common share (in dollars per share)		$ 0.00	$ 0.00

[1] 1 Profit attributable to common shareholders.

[2] 2 Diluted by assumed exercise of stock-based compensation awards using the treasury stock method.