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Equity Activity
 6 Months Ended
Jun. 30, 2023
Stockholders' Equity Note [Abstract]  
Equity Activity Equity Activity:
Reclassifications and Taxes Related to Items of Other Comprehensive Income
(Dollars in millions)Before Tax
Amount		Tax (Expense)/
Benefit		Net of Tax
Amount
For the three months ended June 30, 2023:
Other comprehensive income/(loss):   
Foreign currency translation adjustments$116 $(34)$82 
Net changes related to available-for-sale securities:  
Unrealized gains/(losses) arising during the period$(17)$4 $(12)
Reclassification of (gains)/losses to other (income) and expense— — — 
Total net changes related to available-for-sale securities$(17)$4 $(12)
Unrealized gains/(losses) on cash flow hedges:  
Unrealized gains/(losses) arising during the period$178 $(48)$130 
Reclassification of (gains)/losses to:   
Cost of services3 (1)2 
Cost of sales(2)1 (1)
Cost of financing4 (1)3 
SG&A expense(1)0 0 
Other (income) and expense(55)14 (41)
Interest expense22 (5)16 
Total unrealized gains/(losses) on cash flow hedges$148 $(40)$109 
Retirement-related benefit plans:*   
Prior service costs/(credits)$— $0 $0 
Net (losses)/gains arising during the period0 7 7 
Curtailments and settlements6 (1)5 
Amortization of prior service (credits)/costs(2)1 (2)
Amortization of net (gains)/losses130 (38)92 
Total retirement-related benefit plans$134 $(31)$102 
Other comprehensive income/(loss)$381 $(101)$280 
*These accumulated other comprehensive income (AOCI) components are included in the computation of net periodic pension cost. Refer to note 18, “Retirement-Related Benefits,” for additional information.
Reclassifications and Taxes Related to Items of Other Comprehensive Income
(Dollars in millions)Before Tax
Amount		Tax (Expense)/
Benefit		Net of Tax
Amount
For the three months ended June 30, 2022:
Other comprehensive income/(loss):   
Foreign currency translation adjustments$213 $(347)$(134)
Net changes related to available-for-sale securities:   
Unrealized gains/(losses) arising during the period$0 $0 $0 
Reclassification of (gains)/losses to other (income) and expense— — — 
Total net changes related to available-for-sale securities$0 $0 $0 
Unrealized gains/(losses) on cash flow hedges:   
Unrealized gains/(losses) arising during the period$200 $(53)$147 
Reclassification of (gains)/losses to:   
Cost of services(13)3 (10)
Cost of sales(23)7 (17)
Cost of financing6 (2)5 
SG&A expense(14)4 (10)
Other (income) and expense38 (10)29 
Interest expense22 (6)16 
Total unrealized gains/(losses) on cash flow hedges$217 $(56)$161 
Retirement-related benefit plans:*   
Prior service costs/(credits)$— $0 $0 
Net (losses)/gains arising during the period1 (3)(2)
Curtailments and settlements11 (3)8 
Amortization of prior service (credits)/costs6 (2)5 
Amortization of net (gains)/losses450 (125)325 
Total retirement-related benefit plans$468 $(132)$336 
Other comprehensive income/(loss)$897 $(534)$363 
*These AOCI components are included in the computation of net periodic pension cost. Refer to note 18, “Retirement-Related Benefits,” for additional information.
Reclassifications and Taxes Related to Items of Other Comprehensive Income
(Dollars in millions)Before Tax
Amount		Tax (Expense)/
Benefit		Net of Tax
Amount
For the six months ended June 30, 2023:
Other comprehensive income/(loss):   
Foreign currency translation adjustments$29 $22 $52 
Net changes related to available-for-sale securities:   
Unrealized gains/(losses) arising during the period$(1)$0 $(1)
Reclassification of (gains)/losses to other (income) and expense— — — 
Total net changes related to available-for-sale securities$(1)$0 $(1)
Unrealized gains/(losses) on cash flow hedges:   
Unrealized gains/(losses) arising during the period$149 $(41)$107 
Reclassification of (gains)/losses to:   
Cost of services5 (1)4 
Cost of sales(17)5 (12)
Cost of financing9 (2)7 
SG&A expense(10)3 (7)
Other (income) and expense(181)45 (135)
Interest expense42 (11)32 
Total unrealized gains/(losses) on cash flow hedges$(3)$(1)$(4)
Retirement-related benefit plans:*   
Prior service costs/(credits)$— $1 $1 
Net (losses)/gains arising during the period2 7 8 
Curtailments and settlements5 (1)4 
Amortization of prior service (credits)/costs(4)1 (3)
Amortization of net (gains)/losses261 (76)185 
Total retirement-related benefit plans$263 $(69)$194 
Other comprehensive income/(loss)$289 $(48)$241 
*These AOCI components are included in the computation of net periodic pension cost. Refer to note 18, “Retirement-Related Benefits,” for additional information.
Reclassifications and Taxes Related to Items of Other Comprehensive Income
(Dollars in millions)Before Tax
Amount		Tax (Expense)/
Benefit		Net of Tax
Amount
For the six months ended June 30, 2022:
Other comprehensive income/(loss):   
Foreign currency translation adjustments$655 $(483)$172 
Net changes related to available-for-sale securities:   
Unrealized gains/(losses) arising during the period$(1)$0 $0 
Reclassification of (gains)/losses to other (income) and expense— — — 
Total net changes related to available-for-sale securities$(1)$0 $0 
Unrealized gains/(losses) on cash flow hedges:   
Unrealized gains/(losses) arising during the period$260 $(69)$191 
Reclassification of (gains)/losses to:   
Cost of services(28)7 (21)
Cost of sales(35)10 (25)
Cost of financing12 (3)9 
SG&A expense(20)5 (14)
Other (income) and expense45 (11)34 
Interest expense43 (11)32 
Total unrealized gains/(losses) on cash flow hedges$276 $(71)$205 
Retirement-related benefit plans:*   
Prior service costs/(credits)$(5)$5 $0 
Net (losses)/gains arising during the period10 (7)3 
Curtailments and settlements19 (5)14 
Amortization of prior service (credits)/costs13 (3)10 
Amortization of net (gains)/losses917 (256)662 
Total retirement-related benefit plans$954 $(266)$689 
Other comprehensive income/(loss)$1,885 $(819)$1,066 
*These AOCI components are included in the computation of net periodic pension cost. Refer to note 18, “Retirement-Related Benefits,” for additional information.
Accumulated Other Comprehensive Income/(Loss) (net of tax)
(Dollars in millions)Net Unrealized
Gains/(Losses)
on Cash Flow
Hedges		Foreign
Currency
Translation
Adjustments*		Net Change
Retirement-
Related
Benefit
Plans		Net Unrealized
Gains/(Losses)
on Available-
For-Sale
Securities		Accumulated
Other
Comprehensive
Income/ (Loss)
January 1, 2023$(135)$(3,591)$(13,013)$(1)$(16,740)
Other comprehensive income before reclassifications107 52 9 (1)167 
Amount reclassified from accumulated other comprehensive income(112)— 185 — 74 
Total change for the period$(4)$52 $194 $(1)$241 
June 30, 2023$(139)$(3,539)$(12,819)$(2)$(16,499)

(Dollars in millions)Net Unrealized
Gains/(Losses)
on Cash Flow
Hedges		Foreign
Currency
Translation
Adjustments*		Net Change
Retirement-
Related
Benefit
Plans		Net Unrealized
Gains/(Losses)
on Available-
For-Sale
Securities		Accumulated
Other
Comprehensive
Income/ (Loss)
January 1, 2022$(18)$(3,362)$(19,854)$(1)$(23,234)
Other comprehensive income before reclassifications191 172 3 0 366 
Amount reclassified from accumulated other comprehensive income14 — 686 — 699 
Total change for the period$205 $172 $689 $0 $1,066 
June 30, 2022$187 $(3,189)$(19,165)$(1)$(22,169)
*Foreign currency translation adjustments are presented gross except for any associated hedges which are presented net of tax.