Supplementary Information (Tables)

3 Months Ended

Mar. 31, 2019

Organization, Consolidation and Presentation of Financial Statements [Abstract]

Schedule of Other Nonoperating Income (Expense)

Sundry Income - Net	Three Months Ended March 31,
(In millions)	2019			2018
Interest income	$	23		$	28
Equity in earnings of affiliates - net	13			14
Net gain on sales of businesses and other assets1	55			2
Net exchange losses	(32		)	(132		)
Non-operating pension and other post employment benefit credit2	66			92
Miscellaneous income and expenses - net3	32			43
Sundry income - net	$	157		$	47

1. The three months ended March 31, 2019 includes a gain on sale of assets within the electronics and imaging product line.

2. Includes non-service related components of net periodic benefit credits (costs) (interest cost, expected return on plan assets, and amortization of unrecognized loss). 

3. Miscellaneous income and expenses - net, includes gains related to litigation settlements and other items. 

Foreign Currency Exchange Gain (Loss)

(In millions)	Three Months Ended March 31,
	2019			2018
Subsidiary Monetary Position (Losses) Gains
Pre-tax exchange (losses) gains	$	(23	)	$	49
Local tax benefits	—			32
Net after-tax impact from subsidiary exchange (losses) gains	$	(23	)	$	81
Hedging Program Losses
Pre-tax exchange losses1	$	(9	)	$	(181	)
Tax benefits	2			42
Net after-tax impact from hedging program exchange losses	$	(7	)	$	(139	)
Total Exchange Losses
Pre-tax exchange losses	$	(32	)	$	(132	)
Tax benefits	2			74
Net after-tax exchange losses	$	(30	)	$	(58	)

^1. Includes a $50 million foreign exchange loss for the three months ended March 31, 2018 related to adjustments to foreign currency exchange contracts as a result of U.S. tax reform.

Restrictions on Cash and Cash Equivalents

(In millions)	March 31, 2019		December 31, 2018
Cash and cash equivalents	$	3,796	$	4,466
Restricted cash	480		500
Total cash, cash equivalents and restricted cash	$	4,276	$	4,966