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Consolidated Statement of Changes in Equity - USD ($)
$ in Millions
Common Stock and Additional Paid-in Capital
Retained Earnings
Cumulative Effect, Period of Adoption, Adjustment
Retained Earnings
Treasury Stock
Total Accumulated Other Comprehensive Income (Loss)
Cumulative Effect, Period of Adoption, Adjustment
Total Accumulated Other Comprehensive Income (Loss)
Noncontrolling Interest
Cumulative Effect, Period of Adoption, Adjustment
Total
Balance at the beginning of the period at Dec. 31, 2017 $ 5,361   $ 39,115 $ (25,887)   $ (7,026) $ 59   $ 11,622
Increase (decrease) in equity                  
Net income     5,349       14   5,363
Other comprehensive income (loss), net of tax:                  
Cumulative translation adjustment           (461) (6)   (467)
Defined benefit pension and postretirement plans adjustment           444     444
Cash flow hedging instruments - unrealized gain (loss)           176     176
Total other comprehensive income (loss), net of tax                 153
Dividends declared     (3,193)           (3,193)
Transfer of ownership involving non-wholly owned subsidiaries     14     1 (15)    
Stock-based compensation 291               291
Reacquired stock       (4,888)         (4,888)
Issuances pursuant to stock option and benefit plans     (649) 1,149         500
Balance at the end of the period (ASU 2018-02 Reclassification of Certain Tax Effects from Accumulated Other Comprehensive Income) at Dec. 31, 2018   $ 853     $ (853)        
Balance at the end of the period (ASU 2016-02 Leases) at Dec. 31, 2018   $ 14           $ 14  
Balance at the end of the period at Dec. 31, 2018 5,652   40,636 (29,626)   (6,866) 52   9,848
Increase (decrease) in equity                  
Net income     4,570       12   4,582
Other comprehensive income (loss), net of tax:                  
Cumulative translation adjustment           212 (1)   211
Defined benefit pension and postretirement plans adjustment           (560)     (560)
Cash flow hedging instruments - unrealized gain (loss)           (72)     (72)
Total other comprehensive income (loss), net of tax                 (421)
Dividends declared     (3,316)           (3,316)
Stock-based compensation 264               264
Reacquired stock       (1,381)         (1,381)
Issuances pursuant to stock option and benefit plans     (622) 1,158         536
Balance at the end of the period at Dec. 31, 2019 5,916   42,135 (29,849)   (8,139) 63   10,126
Increase (decrease) in equity                  
Net income     5,384       4   5,388
Other comprehensive income (loss), net of tax:                  
Cumulative translation adjustment           449 (2)   447
Defined benefit pension and postretirement plans adjustment           171     171
Cash flow hedging instruments - unrealized gain (loss)           (142)     (142)
Total other comprehensive income (loss), net of tax                 476
Dividends declared     (3,388)           (3,388)
Purchase of non-controlling interest             (1)   (1)
Stock-based compensation 255               255
Reacquired stock       (358)         (358)
Issuances pursuant to stock option and benefit plans     (370) 803         433
Balance at the end of the period at Dec. 31, 2020 $ 6,171   $ 43,761 $ (29,404)   $ (7,661) $ 64   $ 12,931