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Consolidated Statements of Shareholders' Equity - USD ($)
shares in Thousands, $ in Millions
Total
Common Stock
Retained Earnings
Accumulated Other Comprehensive Income (Loss)
Accounting Standards Update 2016-02 [Member]
Accounting Standards Update 2016-13 [Member]
Retained Earnings
Accounting Standards Update 2016-02 [Member]
Retained Earnings
Accounting Standards Update 2016-13 [Member]
Balance at Dec. 31, 2018 $ (7,926) $ 0 $ (7,592) $ (334)        
Balance (in shares) at Dec. 31, 2018   306,000            
Net Income 1,294   1,294          
Translation adjustments and gains (losses) from intra-entity transactions of a long-term investment nature - including noncontrolling interest (net of tax impact) 24     24        
Other Comprehensive Income (Loss), Foreign Currency Translation Adjustment, Tax (4)              
Pension and post-retirement benefit plans (net of tax impact) (22)     (22)        
Pension and post-retirement benefit plans (tax impact) 7              
Other Comprehensive Income (Loss), Derivatives Qualifying as Hedges, Net of Tax (56)     (56)        
Other Comprehensive Income (Loss), Reclassification Adjustment from AOCI on Derivatives, Tax (20)              
Comprehensive income - including noncontrolling interests 1,240              
Dividends declared (514)   (514)          
Repurchase of shares of Common Stock $ (810) [1] $ (14) (796)          
Repurchase of shares of Common Stock (in shares) (7,788) [1] (8,000)            
Employee stock option and SARs exercises (includes tax impact) $ 75 $ 57 18          
Employee stock option and SARs exercises (in shares)   2,000            
Compensation-related events (includes tax impact) 71 $ 71            
Balance at Dec. 31, 2019 (8,016) $ 0 (7,628) (388)        
Balance (in shares) at Dec. 31, 2019   300,000            
Stockholders' Equity Attributable to Parent             $ (2)  
Accumulated Deficit         $ 2      
Net Income 904   904          
Translation adjustments and gains (losses) from intra-entity transactions of a long-term investment nature - including noncontrolling interest (net of tax impact) 39     39        
Pension and post-retirement benefit plans (net of tax impact) 8     8        
Pension and post-retirement benefit plans (tax impact) (2)              
Other Comprehensive Income (Loss), Derivatives Qualifying as Hedges, Net of Tax (70)     (70)        
Other Comprehensive Income (Loss), Reclassification Adjustment from AOCI on Derivatives, Tax (23)              
Comprehensive income - including noncontrolling interests 881              
Dividends declared (569)   (569)          
Repurchase of shares of Common Stock $ (250) [2] $ (71) (179)          
Repurchase of shares of Common Stock (in shares) (2,419) [2] (2,000)            
Employee stock option and SARs exercises (includes tax impact) $ 41 $ 41            
Employee stock option and SARs exercises (in shares)   2,000            
Compensation-related events (includes tax impact) 112 $ 112            
Balance at Dec. 31, 2020 (7,891) $ 0 (7,480) (411)        
Balance (in shares) at Dec. 31, 2020   300,000            
Stockholders' Equity Attributable to Parent               $ (8)
Accumulated Deficit 7,480         $ 8    
Net Income 1,575   1,575          
Translation adjustments and gains (losses) from intra-entity transactions of a long-term investment nature - including noncontrolling interest (net of tax impact) (24)     (24)        
Pension and post-retirement benefit plans (net of tax impact) 62     62        
Pension and post-retirement benefit plans (tax impact) (19)              
Other Comprehensive Income (Loss), Derivatives Qualifying as Hedges, Net of Tax 48     48        
Other Comprehensive Income (Loss), Reclassification Adjustment from AOCI on Derivatives, Tax 14              
Comprehensive income - including noncontrolling interests 1,661              
Dividends declared (594)   (594)          
Repurchase of shares of Common Stock $ (1,580) [2] $ (31) (1,549)          
Repurchase of shares of Common Stock (in shares) (12,981) [2] (13,000)            
Employee stock option and SARs exercises (includes tax impact) $ 50 $ 50            
Employee stock option and SARs exercises (in shares)   2,000            
Compensation-related events (includes tax impact) 81 $ 81            
Balance at Dec. 31, 2021 (8,373) $ 0 $ (8,048) $ (325)        
Balance (in shares) at Dec. 31, 2021   289,000            
Accumulated Deficit $ 8,048              
[1] 2019 amount excludes the effect of $5 million in share repurchases (0.1 million shares) with trade dates on, or prior to, December 31, 2018, but settlement dates subsequent to December 31, 2018.
[2] 2021 amount excludes and 2020 amount includes the effect of $11 million in share repurchases (0.1 million shares) with trade dates on, or prior to, December 31, 2020, but settlement dates subsequent to December 31, 2020.