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SUPPLEMENTAL INFORMATION - Income Statement (Details) - USD ($)
$ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2019
Jun. 30, 2018
Jun. 30, 2019
Jun. 30, 2018
Revenues        
Net sales $ 7,068 $ 7,579 $ 13,074 $ 13,879
Finance, interest and other income 499 466 950 939
Total Revenues 7,567 8,045 14,024 14,818
Costs and Expenses        
Cost of goods sold 5,751 6,188 10,717 11,444
Selling, general and administrative expenses 555 593 1,094 1,183
Research and development expenses 273 262 517 489
Restructuring expenses 28 5 36 8
Interest expense 195 192 378 392
Other, net 211 302 379 553
Total Costs and Expenses 7,013 7,542 13,121 14,069
Income before income taxes and equity in income of unconsolidated subsidiaries and affiliates 554 503 903 749
Income tax (expense) (135) (118) (225) (181)
Equity in income of unconsolidated subsidiaries and affiliates 8 23 13 42
Net income 427 408 691 610
Industrial activities        
Revenues        
Net sales 7,068 7,579 13,074 13,879
Finance, interest and other income 23 23 53 50
Total Revenues 7,091 7,602 13,127 13,929
Costs and Expenses        
Cost of goods sold 5,751 6,188 10,717 11,444
Selling, general and administrative expenses 497 545 990 1,072
Research and development expenses 273 262 517 489
Restructuring expenses 26 5 34 8
Interest expense 89 111 172 231
Other, net 18 124 34 204
Total Costs and Expenses 6,654 7,235 12,464 13,448
Income before income taxes and equity in income of unconsolidated subsidiaries and affiliates 437 367 663 481
Income tax (expense) (104) (79) (158) (102)
Equity in income of unconsolidated subsidiaries and affiliates 3 18 0 26
Results from intersegment investments 91 102 186 205
Net income 427 408 691 610
Financial services        
Revenues        
Net sales 0 0 0 0
Finance, interest and other income 519 498 993 1,000
Total Revenues 519 498 993 1,000
Costs and Expenses        
Cost of goods sold 0 0 0 0
Selling, general and administrative expenses 58 48 104 111
Research and development expenses 0 0 0 0
Restructuring expenses 2 0 2 0
Interest expense 149 136 302 272
Other, net 193 178 345 349
Total Costs and Expenses 402 362 753 732
Income before income taxes and equity in income of unconsolidated subsidiaries and affiliates 117 136 240 268
Income tax (expense) (31) (39) (67) (79)
Equity in income of unconsolidated subsidiaries and affiliates 5 5 13 16
Results from intersegment investments 0 0 0 0
Net income $ 91 $ 102 $ 186 $ 205