Consolidated Statement of Results of Operations - USD ($) shares in Millions, $ in Millions		3 Months Ended		6 Months Ended
		Jun. 30, 2018	Jun. 30, 2017	Jun. 30, 2018	Jun. 30, 2017
Sales and revenues:
Sales of Machinery, Energy & Transportation		$ 13,279	$ 10,639	$ 25,429	$ 19,769
Revenues of Financial Products		732	692	1,441	1,384
Total sales and revenues		14,011	11,331	26,870	21,153
Operating costs:
Cost of goods sold		9,422	7,816	17,988	14,617
Selling, general and administrative expenses		1,440	1,304	2,716	2,365
Research and development expenses		462	458	905	883
Interest expense of Financial Products		182	162	348	321
Other operating (income) expenses		338	407	638	1,403
Total operating costs		11,844	10,147	22,595	19,589
Operating profit		2,167	1,184	4,275	1,564
Interest expense excluding Financial Products		102	121	203	244
Other income (expense)		121	96	248	128
Consolidated profit before taxes		2,186	1,159	4,320	1,448
Provision (benefit) for income taxes		490	361	962	451
Profit of consolidated companies		1,696	798	3,358	997
Equity in profit (loss) of unconsolidated affiliated companies		9	5	14	0
Profit of consolidated and affiliated companies		1,705	803	3,372	997
Less: Profit (loss) attributable to noncontrolling interests		(2)	1	0	3
Profit	[1]	$ 1,707	$ 802	$ 3,372	$ 994
Profit per common share (in dollars per share)		$ 2.86	$ 1.36	$ 5.65	$ 1.69
Profit per common share - diluted (in dollars per share)	[2]	$ 2.82	$ 1.35	$ 5.56	$ 1.67
Weighted-average common shares outstanding (millions)
Basic (in shares)		596.2	590.2	597.0	588.8
Diluted (in shares)	[2]	604.2	595.4	606.1	594.4
Cash dividends declared per common share (in dollars per share)		$ 1.64	$ 1.55	$ 1.64	$ 1.55

[1] 1 Profit attributable to common shareholders.

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