XML 15 R2.htm IDEA: XBRL DOCUMENT v3.10.0.1
Consolidated Statements Of Earnings - USD ($)
shares in Millions, $ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2018
Jun. 30, 2017
Jun. 30, 2018
Jun. 30, 2017
Income Statement [Abstract]        
Revenues $ 17,068 $ 14,943 $ 32,594 $ 29,931
Cost of Products Sold 15,887 14,051 30,524 28,167
Gross Profit 1,181 892 2,070 1,764
Selling, general, and administrative expenses 560 525 1,073 1,041
Asset impairment, exit, and restructuring costs 24 23 40 33
Interest Expense 89 86 180 167
Equity in (earnings) losses of unconsolidated affiliates (100) (109) (247) (281)
Interest income (42) (25) (75) (48)
Other (Income) Expense - Net (2) 9 (17) 11
Earnings Before Income Taxes 652 383 1,116 841
Income taxes 86 108 154 226
Net earnings including noncontrolling interests 566 275 962 615
Less: Net earnings (losses) attributable to noncontrolling interests 0 (1) 3 0
Net Earnings Attributable to Controlling Interests $ 566 $ 276 $ 959 $ 615
Average number of shares outstanding - basic 564 571 564 574
Average number of shares outstanding - diluted 567 574 566 576
Earnings Per Share, Basic $ 1.00 $ 0.48 $ 1.70 $ 1.07
Earnings Per Share, Diluted 1.00 0.48 1.70 1.07
Dividends per common share $ 0.335 $ 0.320 $ 0.67 $ 0.64