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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Millions
 12 Months Ended
Dec. 31, 2025
Dec. 31, 2024
Dec. 31, 2023
Operating activities      
Net income $ 4,090 $ 3,798 $ 3,223
Adjustments to reconcile to net cash provided by operating activities      
Depreciation and amortization 1,006 921 926
Deferred income taxes 45 (154) (182)
Pension and other postretirement benefits expense 43 24 15
Contributions to pension plans (124) (110) (113)
Contributions to other postretirement benefits plans (16) (18) (20)
Changes in working capital
Accounts receivable - net (420) (215) (341)
Inventory (256) (566) (282)
Unbilled receivables (357) (52) (54)
Accounts payable 332 399 256
Accrued compensation (50) 21 197
Accrued income and other taxes (116) 142 61
Deferred revenue liabilities 202 2 119
Other current assets (198) (27) (58)
Other current liabilities 145 77 (47)
Other - net 146 85 (76)
Net cash provided by operating activities 4,472 4,327 3,624
Investing activities      
Capital expenditures for property, plant and equipment (919) (808) (757)
Cash paid for acquisition of businesses, net of cash acquired (1,490) (50) 0
Proceeds from sales of property, plant and equipment 80 85 76
Investments in associate companies (16) (70) (68)
Return of investment from associate companies 0 33 9
Sales (purchases) of short-term investments - net 1,339 575 (1,861)
Proceeds from (payments for) settlement of currency exchange contracts not designated as hedges - net 3 (3) 92
Other - net (98) (32) (65)
Net cash used in investing activities (1,101) (271) (2,575)
Financing activities      
Proceeds from borrowings 1,058 1,084 818
Payments on borrowings (717) (1,015) (19)
Short-term debt, net 1 (8) (311)
Cash dividends paid (1,626) (1,500) (1,379)
Exercise of employee stock options 39 69 78
Repurchase of shares (1,862) (2,492) 0
Employee taxes paid from shares withheld (52) (70) (49)
Other - net (14) (4) (9)
Net cash used in financing activities (3,173) (3,936) (871)
Effect of currency on cash (131) (52) 16
Total increase in cash 67 67 194
Cash at the beginning of the period 555 488 294
Cash at the end of the period $ 622 $ 555 $ 488