XML 15 R2.htm IDEA: XBRL DOCUMENT v3.23.1
Consolidated Statements Of Earnings - USD ($)
shares in Millions, $ in Millions
3 Months Ended
Mar. 31, 2023
Mar. 31, 2022
Income Statement [Abstract]    
Revenues $ 24,072 $ 23,650
Cost of Products Sold 21,992 21,753
Gross Profit 2,080 1,897
Selling, general, and administrative expenses 881 829
Asset impairment, exit, and restructuring costs 7 1
Interest Expense 147 92
Equity in (earnings) losses of unconsolidated affiliates (174) (204)
Interest and investment income (134) (59)
Other (Income) Expense - Net (44) (33)
Earnings Before Income Taxes 1,397 1,271
Income taxes 225 207
Net earnings including noncontrolling interests 1,172 1,064
Net Income (Loss) Attributable to Noncontrolling Interest 2 10
Net Earnings Attributable to Controlling Interests $ 1,170 $ 1,054
Average number of shares outstanding - basic 550 566
Average number of shares outstanding - diluted 551 568
Earnings Per Share, Basic $ 2.13 $ 1.86
Earnings Per Share, Diluted 2.12 1.86
Dividends per common share $ 0.45 $ 0.40