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CONSOLIDATED STATEMENT OF COMPREHENSIVE INCOME - USD ($)
$ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2022
Jun. 30, 2021
[1]
Jun. 30, 2022
Jun. 30, 2021
[1]
CONSOLIDATED STATEMENT OF COMPREHENSIVE INCOME        
Net income $ 1,392 $ 1,325 [2] $ 2,125 $ 2,280 [2]
Other comprehensive income/(loss), before tax        
Foreign currency translation adjustments 213 28 655 577
Net changes related to available-for-sale securities        
Unrealized gains/(losses) arising during the period 0 0 (1) 0
Total net changes related to available-for-sale securities 0 0 (1) 0
Unrealized gains/(losses) on cash flow hedges        
Unrealized gains/(losses) arising during the period 200 (34) 260 153
Reclassification of (gains)/losses to net income 16 90 16 251
Total unrealized gains/(losses) on cash flow hedges 217 56 276 404
Retirement-related benefit plans        
Prior service costs/(credits)   0 (5) 0
Net (losses)/gains arising during the period 1 2 10 22
Curtailments and settlements 11 16 19 34
Amortization of prior service (credits)/costs 6 1 13 4
Amortization of net (gains)/losses 450 643 917 1,291
Total retirement-related benefit plans 468 661 954 1,350
Other comprehensive income/(loss), before tax 897 745 1,885 2,330
Income tax (expense)/benefit related to items of other comprehensive income (534) (140) (819) (645)
Other comprehensive income/(loss), net of tax 363 605 1,066 1,685
Total comprehensive income $ 1,755 $ 1,930 $ 3,191 $ 3,965
[1] Amounts presented have not been recast to exclude discontinued operations.
[2] Reclassified to reflect discontinued operations presentation.