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Equity Activity
 9 Months Ended
Sep. 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 September 30, 2023:
Other comprehensive income/(loss):   
Foreign currency translation adjustments$151 $(164)$(13)
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$131 $(35)$95 
Reclassification of (gains)/losses to:
   
Cost of services2 0 1 
Cost of sales5 (1)4 
Cost of financing3 (1)2 
SG&A expense4 (1)3 
Other (income) and expense175 (44)131 
Interest expense14 (4)11 
Total unrealized gains/(losses) on cash flow hedges$333 $(85)$248 
Retirement-related benefit plans:*
   
Prior service costs/(credits)$— $— $— 
Net (losses)/gains arising during the period102 (26)77 
Curtailments and settlements2 (1)1 
Amortization of prior service (credits)/costs(2)1 (2)
Amortization of net (gains)/losses128 (37)91 
Total retirement-related benefit plans$230 $(63)$167 
Other comprehensive income/(loss)$714 $(313)$402 
*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 September 30, 2022:
Other comprehensive income/(loss):   
Foreign currency translation adjustments$143 $(301)$(158)
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$189 $(49)$140 
Reclassification of (gains)/losses to:   
Cost of services(4)1 (3)
Cost of sales(35)10 (25)
Cost of financing7 (2)5 
SG&A expense(8)2 (6)
Other (income) and expense6 (2)5 
Interest expense22 (5)16 
Total unrealized gains/(losses) on cash flow hedges$178 $(45)$133 
Retirement-related benefit plans:*   
Prior service costs/(credits)$412 $(104)$309 
Net (losses)/gains arising during the period53 (13)39 
Curtailments and settlements5,913 (1,487)4,426 
Amortization of prior service (credits)/costs3 (1)2 
Amortization of net (gains)/losses388 (108)279 
Total retirement-related benefit plans$6,768 $(1,712)$5,056 
Other comprehensive income/(loss)$7,089 $(2,058)$5,030 
*These AOCI components are included in the computation of net periodic pension cost and include the impact of a one-time, non-cash pension settlement charge of $5.9 billion ($4.4 billion net of tax) in the third quarter of 2022. 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 nine months ended September 30, 2023:
Other comprehensive income/(loss):   
Foreign currency translation adjustments$180 $(142)$39 
Net changes related to available-for-sale securities:   
Unrealized gains/(losses) arising during the period$(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$279 $(77)$203 
Reclassification of (gains)/losses to:
   
Cost of services6 (1)5 
Cost of sales(12)4 (8)
Cost of financing12 (3)9 
SG&A expense(7)2 (4)
Other (income) and expense(6)1 (4)
Interest expense57 (14)43 
Total unrealized gains/(losses) on cash flow hedges$330 $(87)$243 
Retirement-related benefit plans:*
   
Prior service costs/(credits)$— $1 $1 
Net (losses)/gains arising during the period104 (19)85 
Curtailments and settlements7 (2)5 
Amortization of prior service (credits)/costs(6)2 (5)
Amortization of net (gains)/losses389 (113)276 
Total retirement-related benefit plans$494 $(132)$361 
Other comprehensive income/(loss)$1,003 $(361)$642 
*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 nine months ended September 30, 2022:
Other comprehensive income/(loss):   
Foreign currency translation adjustments$799 $(784)$14 
Net changes related to available-for-sale securities:   
Unrealized gains/(losses) arising during the period$(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$449 $(118)$332 
Reclassification of (gains)/losses to:   
Cost of services(32)8 (24)
Cost of sales(71)20 (50)
Cost of financing19 (5)14 
SG&A expense(28)8 (20)
Other (income) and expense51 (13)38 
Interest expense64 (16)48 
Total unrealized gains/(losses) on cash flow hedges$453 $(116)$338 
Retirement-related benefit plans:*   
Prior service costs/(credits)$408 $(99)$309 
Net (losses)/gains arising during the period63 (20)43 
Curtailments and settlements5,931 (1,491)4,440 
Amortization of prior service (credits)/costs16 (4)12 
Amortization of net (gains)/losses1,305 (364)941 
Total retirement-related benefit plans$7,722 $(1,978)$5,745 
Other comprehensive income/(loss)$8,973 $(2,877)$6,096 
*These AOCI components are included in the computation of net periodic pension cost and include the impact of a one-time, non-cash pension settlement charge of $5.9 billion ($4.4 billion net of tax) in the third quarter of 2022. Refer to note 18, “Retirement-Related Benefits,” for additional information.
Accumulated Other Comprehensive Income/(Loss) (net of tax)
(Dollars in millions)Net Unrealized
Gains/(Losses)
on Cash Flow
Hedges		Foreign
Currency
Translation
Adjustments*		Net Change
Retirement-
Related
Benefit
Plans		Net Unrealized
Gains/(Losses)
on Available-
For-Sale
Securities		Accumulated
Other
Comprehensive
Income/ (Loss)
January 1, 2023$(135)$(3,591)$(13,013)$(1)$(16,740)
Other comprehensive income before reclassifications203 39 86 (1)326 
Amount reclassified from accumulated other comprehensive income
40 — 276 — 316 
Total change for the period$243 $39 $361 $(1)$642 
September 30, 2023$109 $(3,552)$(12,652)$(2)$(16,098)

(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 reclassifications332 14 352 (1)697 
Amount reclassified from accumulated other comprehensive income6 — 5,393 **— 5,399 
Total change for the period$338 $14 $5,745 $(1)$6,096 
September 30, 2022$320 $(3,347)$(14,110)$(1)$(17,138)
*Foreign currency translation adjustments are presented gross except for any associated hedges which are presented net of tax.
** Includes the impact of a one-time, non-cash pension settlement charge of $5.9 billion ($4.4 billion net of tax) in the third quarter of 2022. Refer to note 18, “Retirement-Related Benefits,” for additional information.