Provision for Income Taxes Provision for Income Taxes (Tables)

12 Months Ended

Dec. 31, 2015

Income Tax Disclosure [Abstract]

Schedule of Current and Deferred Income Tax Expense

	2015			2014			2013
Current tax expense on continuing operations:
U.S. federal	$	218		$	656		$	32
U.S. state and local	7			38			(7		)
International	466			449			598
Total current tax expense on continuing operations	691			1,143			623
Deferred tax expense (benefit) on continuing operations:
U.S. federal	139			91			(205		)
U.S. state and local	4			(42		)	(65		)
International	(138		)	(24		)	7
Total deferred tax expense (benefit) on continuing operations	5			25			(263		)
Provision for income taxes on continuing operations	$	696		$	1,168		$	360

Schedule of Significant Components of Deferred Tax Assets and Liabilities

	2015					2014
	Asset			Liability		Asset			Liability
Depreciation	$	—		$	953	$	—		$	1,003
Accrued employee benefits	4,812			374		5,376			746
Other accrued expenses	563			—		555			—
Inventories	125			99		151			137
Unrealized exchange gains/losses	—			224		—			173
Tax loss/tax credit carryforwards/backs	2,124			—		2,409			—
Investment in subsidiaries and affiliates	133			154		151			195
Amortization of intangibles	187			1,331		154			1,353
Other	215			77		258			110
Valuation allowance	(1,529		)	—		(1,704		)	—
	$	6,630		$	3,212	$	7,350		$	3,717
Net deferred tax asset	$	3,418				$	3,633

Analysis of Company's Effective Income Tax Rate

	2015		2014		2013
Statutory U.S. federal income tax rate	35.0	%	35.0	%	35.0	%
Exchange gains/losses1	8.0		8.1		1.0
Domestic operations	(2.8	)	(2.8	)	(4.1	)
Lower effective tax rates on international operations-net2	(11.1	)	(11.4	)	(14.7	)
Tax settlements	(0.7	)	(0.6	)	(0.3	)
Sale of a business	(0.2	)	(0.4	)	—
U.S. research & development credit 2	(1.3	)	(0.8	)	(2.9	)
	26.9	%	27.1	%	14.0	%

^1.  Principally reflects the impact of foreign exchange losses on net monetary assets for which no corresponding tax benefit is realized. Further information about the company's foreign currency hedging program is included in Note 5 and Note 20 under the heading Foreign Currency Risk.

^2.  On January 2, 2013, U.S. tax law was enacted which extended through 2013 (and retroactive to 2012) several expired or expiring temporary business tax provisions. In accordance with GAAP, this extension was taken into account in the quarter in which the legislation was enacted (i.e. first quarter 2013).

Consolidated Income Before Income Taxes for U.S. and International Operations

	2015		2014		2013
U.S. (including exports)	$	1,397	$	2,537	$	504
International	1,194		1,776		2,062
Income from continuing operations before income taxes	$	2,591	$	4,313	$	2,566

Reconciliation of the Beginning and Ending Amounts of Unrecognized Tax Benefits

	2015			2014			2013
Total unrecognized tax benefits as of January 1	$	986		$	901		$	805
Gross amounts of decreases in unrecognized tax benefits as a result of tax positions      taken during the prior period	(98		)	(50		)	(28		)
Gross amounts of increases in unrecognized tax benefits as a result of tax positions      taken during the prior period	13			84			76
Gross amounts of increases in unrecognized tax benefits as a result of tax positions      taken during the current period	69			92			92
Amount of decreases in the unrecognized tax benefits relating to settlements with taxing      authorities	(58		)	(15		)	(19		)
Reduction to unrecognized tax benefits as a result of a lapse of the applicable statute of      limitations	(30		)	(3		)	(6		)
Exchange gain	(36		)	(23		)	(19		)
Total unrecognized tax benefits as of December 31	$	846		$	986		$	901
Total unrecognized tax benefits that, if recognized, would impact the effective tax rate	$	651		$	818		$	778
Total amount of interest and penalties recognized in the Consolidated Income Statements	$	5		$	5		$	16
Total amount of interest and penalties recognized in the Consolidated Balance Sheets	$	100		$	117		$	122