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Consolidated Statement of Cash Flow - USD ($)
$ in Millions
 3 Months Ended
Mar. 31, 2025
Mar. 31, 2024
Cash flow from operating activities:    
Profit of consolidated and affiliated companies $ 2,003 $ 2,854
Adjustments to reconcile profit to net cash provided by operating activities:    
Depreciation and amortization 540 524
Provision (benefit) for deferred income taxes (38) (54)
(Gain) loss on divestiture 0 (64)
Other 78 (5)
Changes in assets and liabilities, net of acquisitions and divestitures:    
Receivables – trade and other 155 (81)
Inventories (990) (439)
Accounts payable 401 203
Accrued expenses (198) (38)
Accrued wages, salaries and employee benefits (1,144) (1,454)
Customer advances 713 279
Other assets – net 69 60
Other liabilities – net (300) 267
Net cash provided by (used for) operating activities 1,289 2,052
Cash flow from investing activities:    
Capital expenditures – excluding equipment leased to others (710) (500)
Expenditures for equipment leased to others (208) (236)
Proceeds from disposals of leased assets and property, plant and equipment 149 155
Additions to finance receivables (3,209) (3,256)
Collections of finance receivables 3,049 3,140
Proceeds from sale of finance receivables 7 13
Investments and acquisitions (net of cash acquired) (2) 0
Proceeds from sale of businesses and investments (net of cash sold) 12 42
Proceeds from maturities and sale of securities 923 1,867
Investments in securities (177) (275)
Other – net (9) 8
Net cash provided by (used for) investing activities (175) 958
Cash flow from financing activities:    
Dividends paid (674) (648)
Common stock issued, including treasury shares reissued (64) (8)
Payments to purchase common stock (3,660) (4,455)
Proceeds from debt issued (original maturities greater than three months): 2,633 2,731
Short-term borrowings – net (original maturities three months or less) (934) (1,050)
Net cash provided by (used for) financing activities (4,496) (5,000)
Effect of exchange rate changes on cash 54 (30)
Increase (decrease) in cash, cash equivalents and restricted cash (3,328) (2,020)
Cash, cash equivalents and restricted cash at beginning of period 6,896 6,985
Cash, cash equivalents and restricted cash at end of period 3,568 4,965
Machinery, Energy & Transportation    
Cash flow from financing activities:    
Payments on debt (original maturities greater than three months): (27) (6)
Financial Products    
Cash flow from financing activities:    
Payments on debt (original maturities greater than three months): $ (1,770) $ (1,564)