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CONSOLIDATED STATEMENT OF COMPREHENSIVE INCOME - USD ($)
$ in Millions
3 Months Ended 9 Months Ended
Sep. 30, 2022
Sep. 30, 2021
[2]
Sep. 30, 2022
Sep. 30, 2021
[2]
CONSOLIDATED STATEMENT OF COMPREHENSIVE INCOME        
Net income/(loss) $ (3,196) [1] $ 1,130 [3] $ (1,071) [1] $ 3,410 [3]
Other comprehensive income/(loss), before tax        
Foreign currency translation adjustments 143 (114) 799 463
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 189 109 449 262
Reclassification of (gains)/losses to net income (12) 32 4 282
Total unrealized gains/(losses) on cash flow hedges 178 141 453 545
Retirement-related benefit plans        
Prior service costs/(credits) 412 0 408 0
Net (losses)/gains arising during the period 53 1 63 23
Curtailments and settlements 5,913 13 5,931 46
Amortization of prior service (credits)/costs 3 3 16 8
Amortization of net (gains)/losses 388 638 1,305 1,929
Total retirement-related benefit plans 6,768 656 7,722 2,006
Other comprehensive income/(loss), before tax 7,089 683 8,973 3,014
Income tax (expense)/benefit related to items of other comprehensive income (2,058) (333) (2,877) (978)
Other comprehensive income/(loss), net of tax 5,030 350 6,096 2,035
Total comprehensive income $ 1,834 $ 1,480 $ 5,025 $ 5,446
[1] Includes the impact of a one-time, non-cash pension settlement charge. Refer to note 18, "Retirement-Related Benefits," for additional information.
[2] Amounts presented have not been recast to exclude discontinued operations.
[3] Reclassified to reflect discontinued operations presentation.