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CONSOLIDATED STATEMENTS OF EARNINGS - USD ($)
shares in Millions, $ in Millions
12 Months Ended
Dec. 31, 2025
Dec. 31, 2024
Dec. 31, 2023
Income Statement [Abstract]      
Revenues $ 80,269 $ 85,530 $ 93,935
Cost of products sold 75,236 79,752 86,422
Gross Profit 5,033 5,778 7,513
Selling, general, and administrative expenses 3,609 3,706 3,456
Asset impairment, exit, and restructuring costs 473 545 342
Equity in (earnings) of unconsolidated affiliates (648) (621) (551)
Interest and investment (income) (118) (562) (499)
Interest expense 612 706 647
Other (income) - net (150) (251) (176)
Earnings Before Income Taxes 1,255 2,255 4,294
Income tax expense 182 476 828
Net Earnings Including Non-controlling Interests 1,073 1,779 3,466
Net loss attributable to non-controlling interests (5) (21) (17)
Net Earnings Attributable to Controlling Interests $ 1,078 $ 1,800 $ 3,483
Weighted average number of shares outstanding – basic (in shares) 484 492 541
Weighted average number of shares outstanding – diluted (in shares) 484 493 542
Basic earnings per common share (in dollars per share) $ 2.23 $ 3.66 $ 6.44
Diluted earnings per common share (in dollars per share) $ 2.23 $ 3.65 $ 6.43