XML 18 R2.htm IDEA: XBRL DOCUMENT v3.25.1
Condensed Consolidated Statement of Operations - USD ($)
$ in Millions
 3 Months Ended
Mar. 31, 2025
Mar. 31, 2024
Net Sales:    
Net sales $ 20,306 $ 19,305
Costs and Expenses:    
Research and development 637 669
Selling, general, and administrative 1,448 1,394
Total costs and expenses 18,275 17,807
Other income, net 4 372
Operating profit 2,035 1,870
Non-operating expense (income), net:    
Non-service pension income (366) (386)
Interest expense, net 443 405
Total non-operating expense, net 77 19
Income before income taxes 1,958 1,851
Income tax expense 333 108
Net income 1,625 1,743
Less: Noncontrolling interest in subsidiaries’ earnings 90 34
Net income attributable to common shareowners $ 1,535 $ 1,709
Earnings Per Share attributable to common shareowners:    
Basic (in dollars per share) $ 1.15 $ 1.29
Diluted (in dollars per share) $ 1.14 $ 1.28
Products    
Net Sales:    
Net sales $ 14,591 $ 14,303
Costs and Expenses:    
Cost of sales 12,283 12,216
Services    
Net Sales:    
Net sales 5,715 5,002
Costs and Expenses:    
Cost of sales $ 3,907 $ 3,528