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CONDENSED CONSOLIDATED STATEMENTS OF CHANGES IN SHAREHOLDERS' EQUITY
$ in Millions
USD ($)
Dividend
Common Stock
USD ($)
Additional Paid-in Capital
USD ($)
Unearned Compensation
USD ($)
Treasury Stock
USD ($)
Retained Earnings
USD ($)
Accumulated Other Comprehensive Income (Loss)
USD ($)
Noncontrolling Interests
USD ($)
Accumulated other comprehensive income (loss), cumulative translation losses $ 2,927              
Accumulated other comprehensive income (loss), unrecognized retirement plan and other retiree benefit costs $ 923              
Number of dividends declared per quarter | Dividend 2              
Beginning balance at Dec. 31, 2017   $ 1,466 $ 1,984 $ (5) $ (20,181) $ 20,531 $ (3,855) [1] $ 303
Ending balance at Mar. 31, 2018   1,466 2,047 (2) (20,441) 20,581 (3,900) [2] 350
Beginning balance at Dec. 31, 2017   1,466 1,984 (5) (20,181) 20,531 (3,855) [1] 303
Changes in Shareholders' Equity [Roll Forward]                
Net income $ 1,353         1,271   82
Other comprehensive income (loss), net of tax (160)           (146) [1] (14)
Dividends [3]           (1,085)   (37)
Stock-based compensation expense     47          
Shares issued for stock options     64   104      
Shares issued for restricted stock units     (14)   14      
Treasury stock acquired         (696)      
Other     0 5 2 134 (163) [1],[4]  
Ending balance at Jun. 30, 2018   1,466 2,081 0 (20,757) 20,851 (4,164) [1],[2] 334
Accumulated other comprehensive income (loss), cumulative translation losses 2,832              
Accumulated other comprehensive income (loss), unrecognized retirement plan and other retiree benefit costs 1,062              
Beginning balance at Mar. 31, 2018   1,466 2,047 (2) (20,441) 20,581 (3,900) [2] 350
Changes in Shareholders' Equity [Roll Forward]                
Net income 675         637   38
Other comprehensive income (loss), net of tax (280)           (264) [2] (16)
Dividends           (367)   (38)
Stock-based compensation expense     19          
Shares issued for stock options     16   27      
Shares issued for restricted stock units     (2)   2      
Treasury stock acquired         (345)      
Other     1 2        
Ending balance at Jun. 30, 2018   1,466 2,081 0 (20,757) 20,851 (4,164) [1],[2] 334
Accumulated other comprehensive income (loss), cumulative translation losses 3,121              
Accumulated other comprehensive income (loss), unrecognized retirement plan and other retiree benefit costs 1,048              
Accumulated other comprehensive income (loss), cumulative translation losses 3,155              
Accumulated other comprehensive income (loss), unrecognized retirement plan and other retiree benefit costs $ 1,038              
Number of dividends declared per quarter | Dividend 2              
Beginning balance at Dec. 31, 2018 $ 197 1,466 2,204 (3) (21,196) 21,615 (4,188) [1] 299
Ending balance at Mar. 31, 2019   1,466 2,241 (3) (21,532) 21,436 (4,160) [2] 342
Beginning balance at Dec. 31, 2018 197 1,466 2,204 (3) (21,196) 21,615 (4,188) [1] 299
Changes in Shareholders' Equity [Roll Forward]                
Net income 1,218         1,146   72
Other comprehensive income (loss), net of tax 69           69 [1] 0
Dividends [3]           (1,103)   (34)
Stock-based compensation expense     34          
Shares issued for stock options     114   162      
Shares issued for restricted stock units     (14)   14      
Treasury stock acquired         (664)      
Other         2 (5)    
Ending balance at Jun. 30, 2019 (10) 1,466 2,338 (3) (21,682) 21,653 (4,119) [1],[2] 337
Accumulated other comprehensive income (loss), cumulative translation losses 3,134              
Accumulated other comprehensive income (loss), unrecognized retirement plan and other retiree benefit costs 1,026              
Beginning balance at Mar. 31, 2019   1,466 2,241 (3) (21,532) 21,436 (4,160) [2] 342
Changes in Shareholders' Equity [Roll Forward]                
Net income 618         586   32
Other comprehensive income (loss), net of tax 36           41 [2] (5)
Dividends           (369)   (32)
Stock-based compensation expense     17          
Shares issued for stock options     81   113      
Shares issued for restricted stock units     (1)   1      
Treasury stock acquired         (265)      
Other         1      
Ending balance at Jun. 30, 2019 (10) $ 1,466 $ 2,338 $ (3) $ (21,682) $ 21,653 $ (4,119) [1],[2] $ 337
Accumulated other comprehensive income (loss), cumulative translation losses 3,104              
Accumulated other comprehensive income (loss), unrecognized retirement plan and other retiree benefit costs $ 1,013              
[1] Accumulated other comprehensive income (loss) includes cumulative translation losses of $3,104 at June 30, 2019 ($3,121 at June 30, 2018) and $3,155 at December 31, 2018 ($2,927 at December 31, 2017), respectively, and unrecognized retirement plan and other retiree benefits costs of $1,013 at June 30, 2019 ($1,048 at June 30, 2018) and $1,038 at December 31, 2018 ($923 at December 31, 2017), respectively.
[2] Accumulated other comprehensive income (loss) includes cumulative translation losses of $3,104 at June 30, 2019 ($3,121 at June 30, 2018) and $3,134 at March 31, 2019 ($2,832 at March 31, 2018), respectively, and unrecognized retirement plan and other retiree benefits costs of $1,013 at June 30, 2019 ($1,048 at June 30, 2018) and $1,026 at March 31, 2019 ($1,062 at March 31, 2018), respectively.
[3] Two dividends were declared in each of the first quarters of 2019 and 2018.
[4] As a result of the early adoption of ASU 2018-02, the Company reclassified the stranded tax effects in Accumulated other comprehensive income (loss) resulting from the Tax Cuts and Jobs Act (the “TCJA” or “U.S. tax reform”) to Retained earnings. See Note 2, Summary of Accounting Policies in the Company’s Annual Report on Form 10-K for the year ended December 31, 2018 for additional information.