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CONSOLIDATED STATEMENT OF COMPREHENSIVE INCOME - USD ($)
$ in Millions
3 Months Ended
Mar. 31, 2021
Mar. 31, 2020
CONSOLIDATED STATEMENT OF COMPREHENSIVE INCOME    
Net income $ 955 $ 1,175
Other comprehensive income/(loss), before tax    
Foreign currency translation adjustments 549 (919)
Net changes related to available-for-sale securities    
Unrealized gains/(losses) arising during the period 0 0
Total net changes related to available-for-sale securities 0 0
Unrealized gains/(losses) on cash flow hedges    
Unrealized gains/(losses) arising during the period 187 (180)
Reclassification of (gains)/losses to net income 160 91
Total unrealized gains/(losses) on cash flow hedges 347 (90)
Retirement-related benefit plans    
Prior service costs/(credits) 0 (4)
Net (losses)/gains arising during the period 20 8
Curtailments and settlements 17 8
Amortization of prior service (credits)/costs 3 1
Amortization of net (gains)/losses 648 570
Total retirement-related benefit plans 689 582
Other comprehensive income/(loss), before tax 1,586 (427)
Income tax (expense)/benefit related to items of other comprehensive income (505) (260)
Other comprehensive income/(loss) 1,080 (686)
Total comprehensive income/(loss) $ 2,036 $ 489