v3.25.4
CONSOLIDATED STATEMENT OF SHAREOWNERS' EQUITY - USD ($)
shares in Millions, $ in Millions
Total
Common stock, par value
Additional paid-in capital
Treasury stock
Retained earnings
Accumulated other comprehensive loss
Noncontrolling interest
Increase (Decrease) in Stockholders' Equity [Roll Forward]              
Total shareowners' equity (in shares)   957.6          
Beginning balance at Dec. 31, 2022   $ 958 $ 8,564 $ (34,443) $ 45,093 $ (3,475) $ 622
Increase (Decrease) in Stockholders' Equity [Roll Forward]              
Issued for employee savings and option plans     214 $ 150      
Stock compensation expense     202        
Impact of Quantinuum contribution     82        
Treasury stock, beginning balance (in shares) at Dec. 31, 2022       (290.0)      
Increase (Decrease) in Stockholders' Equity [Roll Forward]              
Reacquired stock or repurchases of common stock (in shares) (19.2)     (19.2)      
Reacquired stock or repurchases of common stock $ (3,715)     $ (3,715)      
Issued for employee savings and option plans (in shares)       3.4      
Net income from continuing operations 5,658       5,658    
Dividends on common stock         (2,772)    
Spin-offs         0    
Other         0    
Foreign exchange translation adjustment (274)         (269) (5)
Pension and other postretirement benefit adjustments (407)         (407)  
Changes in fair value of available for sale investments           5  
Changes in fair value of cash flow hedges 11         11  
Acquisitions, divestitures, and other             (5)
Net income attributable to noncontrolling interest (14)           14
Dividends paid             (107)
Contributions from noncontrolling interest holders             59
Treasury stock, ending balance (in shares) at Dec. 31, 2023       (305.8)      
Ending balance at Dec. 31, 2023 $ 16,434 $ 958 9,062 $ (38,008) 47,979 (4,135) 578
Increase (Decrease) in Stockholders' Equity [Roll Forward]              
Cash dividends per share of common stock (in dollars per share) $ 4.17            
Total shareowners' equity (in shares) 651.8 957.6          
Issued for employee savings and option plans     403 $ 302      
Stock compensation expense     194        
Impact of Quantinuum contribution     36        
Reacquired stock or repurchases of common stock (in shares) (8.0)     (8.0)      
Reacquired stock or repurchases of common stock $ (1,672)     $ (1,672)      
Issued for employee savings and option plans (in shares)       6.0      
Net income from continuing operations 5,705       5,705    
Dividends on common stock         (2,849)    
Spin-offs         0    
Other         0    
Foreign exchange translation adjustment 200         229 (29)
Pension and other postretirement benefit adjustments 413         413  
Changes in fair value of available for sale investments           1  
Changes in fair value of cash flow hedges 1         1  
Acquisitions, divestitures, and other             0
Net income attributable to noncontrolling interest (35)           35
Dividends paid             (78)
Contributions from noncontrolling interest holders             29
Treasury stock, ending balance (in shares) at Dec. 31, 2024       (307.8)      
Ending balance at Dec. 31, 2024 $ 19,154 $ 958 9,695 $ (39,378) 50,835 (3,491) 535
Increase (Decrease) in Stockholders' Equity [Roll Forward]              
Cash dividends per share of common stock (in dollars per share) $ 4.37            
Total shareowners' equity (in shares) 649.8 957.6          
Issued for employee savings and option plans     300 $ 168      
Stock compensation expense     206        
Impact of Quantinuum contribution     (44)        
Reacquired stock or repurchases of common stock (in shares) (18.1)     (18.1)      
Reacquired stock or repurchases of common stock $ (3,819)     $ (3,819)      
Issued for employee savings and option plans (in shares)       3.6      
Net income from continuing operations 4,729       4,729    
Dividends on common stock         (2,934)    
Spin-offs         (1,651)    
Other         (15)    
Foreign exchange translation adjustment (883)         (907) 24
Pension and other postretirement benefit adjustments (736)         (736)  
Changes in fair value of available for sale investments           6  
Changes in fair value of cash flow hedges (18)         (18)  
Acquisitions, divestitures, and other             35
Net income attributable to noncontrolling interest (43)           43
Dividends paid             (64)
Contributions from noncontrolling interest holders             553
Treasury stock, ending balance (in shares) at Dec. 31, 2025       (322.3)      
Ending balance at Dec. 31, 2025 $ 15,030   $ 10,157 $ (43,029) $ 50,964 $ (5,146) $ 1,126
Increase (Decrease) in Stockholders' Equity [Roll Forward]              
Cash dividends per share of common stock (in dollars per share) $ 4.58            
Total shareowners' equity (in shares) 635.3