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Consolidated Cash Flow Statement - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2024
Dec. 31, 2023
Dec. 31, 2022
Dec. 31, 2021
Operating Activities        
Net income $ 2,578 $ 1,764 $ 1,961  
Depreciation and Amortization 781 753 754  
Asset impairments 114 676 0  
Gain on previously held equity investment in Thinx 0 0 (85)  
Stock-based compensation 131 169 150  
Deferred income taxes (38) (322) (57)  
Net (gains) losses on asset and business dispositions (448) (75) 15  
Equity companies' earnings (in excess of) less than dividends paid (62) (59) 6  
Operating working capital 178 582 (17)  
Postretirement benefits 3 24 (4)  
Other (3) 30 10  
Cash Provided by Operations 3,234 3,542 2,733  
Investing Activities        
Capital spending (721) (766) (876)  
Acquisition of business, net of cash acquired 0 0 (46)  
Proceeds from asset and business dispositions 651 245 12  
Investments in time deposits (605) (720) (658)  
Maturities of time deposits 562 815 797  
Other 13 8 (14)  
Cash Used for Investing (100) (418) (785)  
Financing Activities        
Change in short-term debt 1 (371) 261  
Payments of Ordinary Dividends 1,628 1,588 1,558  
Debt proceeds 0 363 0  
Debt repayments (554) (475) (312)  
Proceeds from exercise of stock options 136 97 94  
Acquisitions of common stock for the treasury (1,000) (225) (100)  
Cash paid for redemption of common securities of Thinx 0 (95) 0  
Other (86) (45) (47)  
Cash Used for Financing (3,166) (2,374) (1,760)  
Cash dividends paid to noncontrolling interests (35) (35) (98)  
Cash, Cash Equivalents, Restricted Cash, and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect [Abstract]        
Effect of Exchange Rate Changes on Cash and Cash Equivalents (40) (84) (31)  
Change in Cash and Cash Equivalents (72) 666 157  
Cash, Cash Equivalents, Restricted Cash, and Restricted Cash Equivalents $ 1,021 $ 1,093 $ 427 $ 270