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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, 2016 $ 41,529 $ 12,801 $ (3,550) $ 36,470 $ (4,643) $ 451
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      
Vesting of restricted stock   (49) 49      
Shares issued under employee stock purchase plan 96 (12) 108      
Stock repurchase program (372)   (372)      
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 at Dec. 31, 2017 $ 37,261 $ 12,975 (4,049) 32,190 (4,274) 419
Balance, shares at Dec. 31, 2017 1,384 1,434        
Treasury shares, Balance at Dec. 31, 2017 (50)          
Net income $ 530     525   5
Currency translation adjustments 44       39 5
Changes in unrealized gain on marketable securities 19       19  
Changes in fair value of cash flow hedges 2       2  
Pension and other postretirement benefit plans 55       55  
Shares sold to optionees, less shares exchanged 20 $ (20) 40      
Vesting of restricted stock   (29) 29      
Shares issued under employee stock purchase plan $ 107 (33) $ 140      
Shares issued under employee stock purchase plan, shares 2   2      
Stock repurchase program $ (97)   $ (97)      
Stock repurchase program, shares (1)   (1)      
Stock-based compensation expense $ 90 90        
Dividends declared (693)     (693)    
Other (12) 15       (27)
Balance at Mar. 31, 2018 $ 37,326 $ 12,998 $ (3,937) $ 32,022 $ (4,159) $ 402
Balance, shares at Mar. 31, 2018 1,385 1,434        
Treasury shares, Balance at Mar. 31, 2018 (49)