XML 79 R7.htm IDEA: XBRL DOCUMENT v3.19.3
CONDENSED CONSOLIDATED STATEMENTS OF CHANGES IN SHAREHOLDERS' EQUITY - USD ($)
$ in Millions
Total
Common Stock
Additional Paid-in Capital
Unearned Compensation
Treasury Stock
Retained Earnings
Accumulated Other Comprehensive Income (Loss)
Noncontrolling Interests
Accumulated other comprehensive loss, cumulative translation losses $ 2,927              
Accumulated other comprehensive income (loss), unrecognized retirement plan and other retiree benefit costs 923              
Beginning balance at Dec. 31, 2017   $ 1,466 $ 1,984 $ (5) $ (20,181) $ 20,531 $ (3,855) [1] $ 303
Changes in Shareholders' Equity [Roll Forward]                
Net income 1,915         1,794   121
Other comprehensive income (loss), net of tax (179)           (154) [1] (25)
Dividends [2]           (1,450)   (37)
Stock-based compensation expense     97          
Shares issued for stock options     133   188      
Shares issued for restricted stock units     (31)   31      
Treasury stock acquired         (956)      
Other       6 2 133 (163) [1],[3]  
Ending balance at Sep. 30, 2018   1,466 2,183 1 (20,916) 21,008 (4,172) [1],[4] 362
Accumulated other comprehensive loss, cumulative translation losses 3,121              
Accumulated other comprehensive income (loss), unrecognized retirement plan and other retiree benefit costs 1,048              
Beginning balance at Jun. 30, 2018   1,466 2,081 0 (20,757) 20,851 (4,164) [4] 334
Changes in Shareholders' Equity [Roll Forward]                
Net income 562         523   39
Other comprehensive income (loss), net of tax (19)           (8) [4] (11)
Dividends           (365)    
Stock-based compensation expense     50          
Shares issued for stock options     69   84      
Shares issued for restricted stock units     (17)   17      
Treasury stock acquired         (260)      
Other       1   (1)    
Ending balance at Sep. 30, 2018   1,466 2,183 1 (20,916) 21,008 (4,172) [1],[4] 362
Accumulated other comprehensive loss, cumulative translation losses 3,159              
Accumulated other comprehensive income (loss), unrecognized retirement plan and other retiree benefit costs 1,017              
Accumulated other comprehensive loss, cumulative translation losses 3,155              
Accumulated other comprehensive income (loss), unrecognized retirement plan and other retiree benefit costs 1,038              
Beginning balance at Dec. 31, 2018 197 1,466 2,204 (3) (21,196) 21,615 (4,188) [1] 299
Changes in Shareholders' Equity [Roll Forward]                
Net income 1,845         1,724   121
Other comprehensive income (loss), net of tax (33)           (27) [1] (6)
Dividends [2]           (1,473)   (36)
Stock-based compensation expense     83          
Shares issued for stock options     207   290      
Shares issued for restricted stock units     (28)   28      
Treasury stock acquired         (1,024)      
Noncontrolling interests assumed through acquisition               120
Other       2 2 (6)    
Ending balance at Sep. 30, 2019 174 1,466 2,466 (1) (21,900) 21,860 (4,215) [1],[4] 498
Accumulated other comprehensive loss, cumulative translation losses 3,104              
Accumulated other comprehensive income (loss), unrecognized retirement plan and other retiree benefit costs 1,013              
Beginning balance at Jun. 30, 2019   1,466 2,338 (3) (21,682) 21,653 (4,119) [4] 337
Changes in Shareholders' Equity [Roll Forward]                
Net income 627         578   49
Other comprehensive income (loss), net of tax (102)           (96) [4] (6)
Dividends           (370)   (2)
Stock-based compensation expense     49          
Shares issued for stock options     93   128      
Shares issued for restricted stock units     (14)   14      
Treasury stock acquired         (360)      
Noncontrolling interests assumed through acquisition               120
Other       2   (1)    
Ending balance at Sep. 30, 2019 174 $ 1,466 $ 2,466 $ (1) $ (21,900) $ 21,860 $ (4,215) [1],[4] $ 498
Accumulated other comprehensive loss, cumulative translation losses 3,209              
Accumulated other comprehensive income (loss), unrecognized retirement plan and other retiree benefit costs $ 1,008              
[1] Accumulated other comprehensive income (loss) includes cumulative translation losses of $3,209 at September 30, 2019 ($3,159 at September 30, 2018) and $3,155 at December 31, 2018 ($2,927 at December 31, 2017), respectively, and unrecognized retirement plan and other retiree benefits costs of $1,008 at September 30, 2019 ($1,017 at September 30, 2018) and $1,038 at December 31, 2018 ($923 at December 31, 2017), respectively.
[2] Two dividends were declared in each of the first quarters of 2019 and 2018.
[3] As a result of the early adoption of ASU 2018-02, the Company reclassified the stranded tax effects in Accumulated other comprehensive income (loss) resulting from the Tax Cuts and Jobs Act (the “TCJA” or “U.S. tax reform”) to Retained earnings. See Note 2, Summary of Accounting Policies in the Company’s Annual Report on Form 10-K for the year ended December 31, 2018 for additional information.
[4] Accumulated other comprehensive income (loss) includes cumulative translation losses of $3,209 at September 30, 2019 ($3,159 at September 30, 2018) and $3,104 at June 30, 2019 ($3,121 at June 30, 2018), respectively, and unrecognized retirement plan and other retiree benefits costs of $1,008 at September 30, 2019 ($1,017 at September 30, 2018) and $1,013 at June 30, 2019 ($1,048 at June 30, 2018), respectively.