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Long-term debt - Long-term debt (Details) - USD ($)
$ in Millions
Dec. 31, 2024
Dec. 31, 2023
Long-term Debt    
Total long-term debt due after one year $ 27,351 $ 24,472
Mark to market adjustments, hedged liability, fair value hedge (186) (179)
Machinery, Energy & Transportation    
Long-term Debt    
Finance lease obligations and other (103) (61)
Long-term debt due after one year $ 8,564 8,579
Machinery, Energy & Transportation | Notes-$759 million of 5.200% due 2041    
Long-term Debt    
Effective Yield to Maturity (as a percent) 5.27%  
Notes $ 753 752
Debt instrument $ 759  
Debt instrument, interest rate (as a percent) 5.20%  
Percentage of the redemption price to the principal amount of debentures to be redeemed 100.00%  
Machinery, Energy & Transportation | Debentures-$193 million of 6.625% due 2028    
Long-term Debt    
Effective Yield to Maturity (as a percent) 6.68%  
Debentures $ 193 193
Debt instrument $ 193  
Debt instrument, interest rate (as a percent) 6.625%  
Percentage of the redemption price to the principal amount of debentures to be redeemed 100.00%  
Machinery, Energy & Transportation | Debentures-$500 million of 2.600% due 2029    
Long-term Debt    
Effective Yield to Maturity (as a percent) 2.67%  
Debentures $ 498 498
Debt instrument $ 500  
Debt instrument, interest rate (as a percent) 2.60%  
Percentage of the redemption price to the principal amount of debentures to be redeemed 100.00%  
Machinery, Energy & Transportation | Debentures - $800 million of 2.600% due 2030    
Long-term Debt    
Effective Yield to Maturity (as a percent) 2.72%  
Debentures $ 796 795
Debt instrument $ 800  
Debt instrument, interest rate (as a percent) 2.60%  
Percentage of the redemption price to the principal amount of debentures to be redeemed 100.00%  
Machinery, Energy & Transportation | Debentures - $500 million of 1.900% due 2031    
Long-term Debt    
Effective Yield to Maturity (as a percent) 2.04%  
Debentures $ 496 496
Debt instrument $ 500  
Debt instrument, interest rate (as a percent) 1.90%  
Percentage of the redemption price to the principal amount of debentures to be redeemed 100.00%  
Machinery, Energy & Transportation | Debentures-$242 million of 7.300% due 2031    
Long-term Debt    
Effective Yield to Maturity (as a percent) 7.38%  
Debentures $ 241 241
Debt instrument $ 242  
Debt instrument, interest rate (as a percent) 7.30%  
Percentage of the redemption price to the principal amount of debentures to be redeemed 100.00%  
Machinery, Energy & Transportation | Debentures-$307 million of 5.300% due 2035    
Long-term Debt    
Effective Yield to Maturity (as a percent) 8.64%  
Debentures $ 237 233
Debt instrument $ 307  
Debt instrument, interest rate (as a percent) 5.30%  
Percentage of the redemption price to the principal amount of debentures to be redeemed 100.00%  
Machinery, Energy & Transportation | Debentures-$460 million of 6.050% due 2036    
Long-term Debt    
Effective Yield to Maturity (as a percent) 6.12%  
Debentures $ 457 456
Debt instrument $ 460  
Debt instrument, interest rate (as a percent) 6.05%  
Percentage of the redemption price to the principal amount of debentures to be redeemed 100.00%  
Machinery, Energy & Transportation | Debentures-$65 million of 8.250% due 2038    
Long-term Debt    
Effective Yield to Maturity (as a percent) 8.38%  
Debentures $ 64 64
Debt instrument $ 65  
Debt instrument, interest rate (as a percent) 8.25%  
Percentage of the redemption price to the principal amount of debentures to be redeemed 100.00%  
Machinery, Energy & Transportation | Debentures-$160 million of 6.950% due 2042    
Long-term Debt    
Effective Yield to Maturity (as a percent) 7.02%  
Debentures $ 158 158
Debt instrument $ 160  
Debt instrument, interest rate (as a percent) 6.95%  
Percentage of the redemption price to the principal amount of debentures to be redeemed 100.00%  
Machinery, Energy & Transportation | Debentures-$1,722 million of 3.803% due 2042    
Long-term Debt    
Effective Yield to Maturity (as a percent) 6.39%  
Debentures $ 1,375 1,355
Debt instrument $ 1,722  
Debt instrument, interest rate (as a percent) 3.803%  
Percentage of the redemption price to the principal amount of debentures to be redeemed 100.00%  
Machinery, Energy & Transportation | Debentures—$500 million of 4.300% due 2044    
Long-term Debt    
Effective Yield to Maturity (as a percent) 4.39%  
Debentures $ 494 494
Debt instrument $ 500  
Debt instrument, interest rate (as a percent) 4.30%  
Machinery, Energy & Transportation | Debentures - $1000 million of 3.250% due 2049    
Long-term Debt    
Effective Yield to Maturity (as a percent) 3.34%  
Debentures $ 984 984
Debt instrument $ 1,000  
Debt instrument, interest rate (as a percent) 3.25%  
Percentage of the redemption price to the principal amount of debentures to be redeemed 100.00%  
Machinery, Energy & Transportation | Debentures - $1200 million of 3.250% due 2050    
Long-term Debt    
Effective Yield to Maturity (as a percent) 3.32%  
Debentures $ 1,186 1,186
Debt instrument $ 1,200  
Debt instrument, interest rate (as a percent) 3.25%  
Percentage of the redemption price to the principal amount of debentures to be redeemed 100.00%  
Machinery, Energy & Transportation | Debentures—$500 million of 4.750% due 2064    
Long-term Debt    
Effective Yield to Maturity (as a percent) 4.81%  
Debentures $ 494 494
Debt instrument $ 500  
Debt instrument, interest rate (as a percent) 4.75%  
Machinery, Energy & Transportation | Debentures-$246 million of 7.375% due 2097    
Long-term Debt    
Effective Yield to Maturity (as a percent) 7.51%  
Debentures $ 241 241
Debt instrument $ 246  
Debt instrument, interest rate (as a percent) 7.375%  
Percentage of the redemption price to the principal amount of debentures to be redeemed 100.00%  
Financial Products Segment    
Long-term Debt    
Long-term debt due after one year $ 18,787 15,893
Medium-term notes 18,568 15,581
Other 219 312
Financial Products    
Long-term Debt    
Long-term debt due after one year 18,787 15,893
Financial Products | Interest rate contracts    
Long-term Debt    
Mark to market adjustments, hedged liability, fair value hedge $ (170) $ (133)