CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2025	Dec. 31, 2024	Dec. 31, 2023
OPERATING ACTIVITIES
Consolidated Net Income	$ 13,137	$ 10,649	$ 10,703
Depreciation and amortization	1,050	1,075	1,128
Stock-based compensation expense	279	286	254
Deferred income taxes	517	(11)	(2)
Equity (income) loss — net of dividends	(1,038)	(802)	(1,019)
Foreign currency adjustments	191	(110)	175
Significant (gains) losses — net	(713)	(1,737)	(492)
Other operating charges	1,052	4,000	1,741
Other items	141	(311)	(43)
Net change in operating assets and liabilities	(7,208)	(6,234)	(846)
Net Cash Provided by Operating Activities	7,408	6,805	11,599
INVESTING ACTIVITIES
Purchases of investments	(6,160)	(5,640)	(6,698)
Proceeds from disposals of investments	4,665	6,589	4,354
Acquisitions of businesses, equity method investments and nonmarketable securities	(461)	(315)	(62)
Proceeds from disposals of businesses, equity method investments and nonmarketable securities	3,567	3,485	430
Purchases of property, plant and equipment	(2,112)	(2,064)	(1,852)
Proceeds from disposals of property, plant and equipment	13	40	74
Collateral (paid) received associated with hedging activities — net	330	235	366
Other investing activities	91	194	39
Net Cash Provided by (Used in) Investing Activities	(67)	2,524	(3,349)
FINANCING ACTIVITIES
Issuances of loans, notes payable and long-term debt	4,980	12,061	6,891
Payments of loans, notes payable and long-term debt	(4,967)	(9,533)	(5,034)
Issuances of stock	313	747	539
Purchases of stock for treasury	(746)	(1,795)	(2,289)
Dividends	(8,779)	(8,359)	(7,952)
Proceeds from Noncontrolling Interests	1,338	0	0
Other financing activities	(279)	(31)	(465)
Net Cash Provided by (Used in) Financing Activities	(8,140)	(6,910)	(8,310)
CASH AND CASH EQUIVALENTS
Effect of Exchange Rate Changes on Cash, Cash Equivalents, Restricted Cash, and Restricted Cash Equivalents	321	(623)	(73)
Net increase (decrease) in cash, cash equivalents, restricted cash and restricted cash equivalents during the year	(478)	1,796	(133)
Cash, cash equivalents, restricted cash and restricted cash equivalents at beginning of year	11,488	9,692	9,825
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents at End of Year	11,010	11,488	9,692
Restricted Cash and Restricted Cash Equivalents	740	660	326
Cash and cash equivalents	$ 10,270	$ 10,828	$ 9,366