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CONSOLIDATED STATEMENT OF EQUITY (Unaudited) - USD ($)
shares in Millions, $ in Millions
Total
Common Stock Issued
Common Stock In Treasury
Retained Earnings
Accumulated Other Comprehensive Loss
Noncontrolling Interests
Balance at Dec. 31, 2015 $ 35,905 $ 12,693 $ (13,372) $ 40,870 $ (4,558) $ 272
Net income 523     501   22
Currency translation adjustments 17       17  
Changes in unrealized gain on marketable securities 3       3  
Changes in fair value of cash flow hedges 9       9  
Pension and other postretirement benefit plans 63       63  
Shares sold to optionees, less shares exchanged 47 (17) 64      
Vesting of restricted stock   (28) 28      
Shares issued under employee stock purchase plan 116 (19) 135      
Stock repurchase program (475)   (475)      
Stock-based compensation expense 61 61        
Dividends declared (626)     (626)    
Other 19 10       9
Balance at Mar. 31, 2016 35,662 12,700 (13,620) 40,745 (4,466) 303
Balance at Dec. 31, 2016 $ 41,529 $ 12,801 (3,550) 36,470 (4,643) 451
Balance, shares at Dec. 31, 2016 1,391 1,434        
Treasury shares, Balance at Dec. 31, 2016 (43)          
Net income $ 284     279   5
Currency translation adjustments 45       45  
Changes in unrealized gain on marketable securities (4)       (4)  
Changes in fair value of cash flow hedges 11       11  
Pension and other postretirement benefit plans 62       62  
Shares sold to optionees, less shares exchanged $ 39 $ (29) $ 68      
Shares sold to optionees, less shares exchanged, shares 1   1      
Vesting of restricted stock   (49) $ 49      
Vesting of restricted stock, shares 1   1      
Shares issued under employee stock purchase plan $ 96 (12) $ 108      
Shares issued under employee stock purchase plan, shares 1   1      
Stock repurchase program $ (372)   $ (372)      
Stock repurchase program, shares (5)   (5)      
Stock-based compensation expense $ 88 88        
Dividends declared (697)     (697)    
Other (27) (19)       (8)
Balance at Mar. 31, 2017 $ 41,054 $ 12,780 $ (3,697) $ 36,052 $ (4,529) $ 448
Balance, shares at Mar. 31, 2017 1,389 1,434        
Treasury shares, Balance at Mar. 31, 2017 (45)