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Consolidated Income Statement - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2024
Dec. 31, 2023
Dec. 31, 2022
Income Statement [Abstract]      
Net Sales $ 16,805 $ 17,146 $ 16,952
Cost of Products Sold 10,516 10,877 11,428
Gross Profit 6,289 6,269 5,524
Marketing, research and general expenses 3,930 3,615 3,258
Impairment of intangible assets 97 658 0
Other (income) and expense, net (438) 68 (43)
Operating Profit 2,700 1,928 2,309
Nonoperating expense (60) (95) (73)
Interest income 48 66 14
Interest expense (270) (293) (282)
Income from Continuing Operations Before Income Taxes and Equity Interests 2,418 1,606 1,968
Provision for income taxes (442) (343) (405)
Income from Continuing Operations Before Equity Interests 1,976 1,263 1,563
Share of net income of equity companies 216 196 116
Income (Loss) from Continuing Operations, Net of Tax, Including Portion Attributable to Noncontrolling Interest 2,192 1,459 1,679
Income from Discontinued Operations, Net of Income Taxes 386 305 282
Net income 2,578 1,764 1,961
Net income attributable to noncontrolling interests (33) 0 (27)
Net Income $ 2,545 $ 1,764 $ 1,934
Income (Loss) from Continuing Operations, Per Basic Share $ 6.43 $ 4.32 $ 4.90
Discontinued Operation, Income (Loss) from Discontinued Operation, Net of Tax, Per Basic Share 1.15 0.90 0.83
Earnings Per Share [Abstract]      
Basic Earnings per Share 7.58 5.22 5.73
Income (Loss) from Continuing Operations, Per Diluted Share 6.41 4.31 4.89
Discontinued Operation, Income (Loss) from Discontinued Operation, Net of Tax, Per Diluted Share 1.14 0.90 0.83
Diluted Earnings per Share $ 7.55 $ 5.21 $ 5.72