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Equity Activity
 9 Months Ended
Sep. 30, 2024
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, 2024:
Other comprehensive income/(loss):   
Foreign currency translation adjustments$(330)$270 $(60)
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 $0 
Unrealized gains/(losses) on cash flow hedges:  
Unrealized gains/(losses) arising during the period$(215)$57 $(158)
Reclassification of (gains)/losses to:
   
Cost of services(5)1 (4)
Cost of sales(3)1 (2)
Cost of financing2 0 1 
SG&A expense0 0 0 
Other (income) and expense(234)59 (175)
Interest expense8 (2)6 
Total unrealized gains/(losses) on cash flow hedges$(449)$116 $(333)
Retirement-related benefit plans: (1)
   
Prior service costs/(credits)$— $— $— 
Net (losses)/gains arising during the period100 (25)75 
Curtailments and settlements2,727 (686)2,041 
Amortization of prior service costs/(credits)(2)0 (1)
Amortization of net (gains)/losses246 (68)178 
Total retirement-related benefit plans$3,072 $(779)$2,293 
Other comprehensive income/(loss)$2,293 $(392)$1,900 
(1)These accumulated other comprehensive income (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 $2.7 billion ($2.0 billion net of tax) in the third quarter of 2024. 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, 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: (1)
   
Prior service costs/(credits)$— $— $— 
Net (losses)/gains arising during the period102 (26)77 
Curtailments and settlements2 (1)1 
Amortization of prior service costs/(credits)(2)1 (2)
Amortization of net (gains)/losses128 (37)91 
Total retirement-related benefit plans$230 $(63)$167 
Other comprehensive income/(loss)$714 $(313)$402 
(1)These AOCI components are included in the computation of net periodic pension cost. Refer to note 18, “Retirement-Related Benefits,” for additional information.
(Dollars in millions)Before Tax
Amount		Tax (Expense)/
Benefit		Net of Tax
Amount
For the nine months ended September 30, 2024:
Other comprehensive income/(loss):   
Foreign currency translation adjustments$(273)$49 $(224)
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$64 $(18)$46 
Reclassification of (gains)/losses to:
   
Cost of services(19)5 (14)
Cost of sales(30)10 (20)
Cost of financing5 (1)4 
SG&A expense(10)3 (7)
Other (income) and expense(176)44 (132)
Interest expense24 (6)18 
Total unrealized gains/(losses) on cash flow hedges$(142)$37 $(105)
Retirement-related benefit plans: (1)
   
Prior service costs/(credits)$— $— $— 
Net (losses)/gains arising during the period101 (23)78 
Curtailments and settlements2,731 (687)2,044 
Amortization of prior service costs/(credits)(5)1 (4)
Amortization of net (gains)/losses765 (212)554 
Total retirement-related benefit plans$3,592 $(921)$2,672 
Other comprehensive income/(loss)$3,178 $(835)$2,343 
(1)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 $2.7 billion ($2.0 billion net of tax) in the third quarter of 2024. 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: (1)
   
Prior service costs/(credits)$— $1 $1 
Net (losses)/gains arising during the period104 (19)85 
Curtailments and settlements7 (2)5 
Amortization of prior service costs/(credits)(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)$642 
(1)These AOCI components are included in the computation of net periodic pension cost. Refer to note 18, “Retirement-Related Benefits,” for additional information.
Accumulated Other Comprehensive Income/(Loss) (net of tax)
(Dollars in millions)Net Unrealized
Gains/(Losses)
on Cash Flow
Hedges
Foreign
Currency
Translation
Adjustments (1)
Net Change
Retirement-
Related
Benefit
Plans		Net Unrealized
Gains/(Losses)
on Available-
For-Sale
Securities		Accumulated
Other
Comprehensive
Income/ (Loss)
January 1, 2024$(106)$(3,488)$(15,165)$(1)$(18,761)
Other comprehensive income before reclassifications46 (224)78 1 (100)
Amount reclassified from accumulated other comprehensive income (2)
(151)— 2,594 — 2,443 
Total change for the period$(105)$(224)$2,672 $1 $2,343 
September 30, 2024$(211)$(3,713)$(12,493)$(1)$(16,418)
(1)Foreign currency translation adjustments are presented gross except for any associated hedges which are presented net of tax.
(2)Net change in retirement-related benefit plans includes the impact of a one-time, non-cash, pre-tax pension settlement charge of $2.7 billion ($2.0 billion net of tax) in the third quarter of 2024. Refer to note 18, "Retirement-Related Benefits," for additional information.
(Dollars in millions)Net Unrealized
Gains/(Losses)
on Cash Flow
Hedges
Foreign
Currency
Translation
Adjustments (1)
Net Change
Retirement-
Related
Benefit
Plans		Net Unrealized
Gains/(Losses)
on Available-
For-Sale
Securities		Accumulated
Other
Comprehensive
Income/ (Loss)
January 1, 2023$(135)$(3,591)$(13,013)$(1)$(16,740)
Other comprehensive income before reclassifications203 39 86 (1)326 
Amount reclassified from accumulated other comprehensive income40 — 276 — 316 
Total change for the period$243 $39 $361 $(1)$642 
September 30, 2023$109 $(3,552)$(12,652)$(2)$(16,098)
(1)Foreign currency translation adjustments are presented gross except for any associated hedges which are presented net of tax.