v3.26.1
Consolidated Statement of Changes in Shareholders' Equity - USD ($)
$ in Millions
Total
Common stock
Treasury stock
Profit employed in the business
Accumulated other comprehensive income (loss)
Noncontrolling interests
Beginning balance at Dec. 31, 2024 $ 19,494 $ 6,941 $ (44,331) $ 59,352 $ (2,471) $ 3
Increase (Decrease) in Shareholders' Equity            
Profit (loss) of consolidated and affiliated companies 4,182     4,182    
Foreign currency translation 623       623  
Pension and other postretirement benefits (2)       (2)  
Derivative financial instruments, net of tax 120       120  
Available-for-sale securities 46       46  
Dividends declared [1] (1,374)     (1,374)    
Common shares issued from treasury stock for stock-based compensation (59) (53) (6)      
Stock-based compensation expense 131 131        
Common shares repurchased [2] (3,588)   (3,588)      
Outstanding authorized accelerated share repurchase (900) (900)        
Other (10) 24 (33)     (1)
Ending balance at Jun. 30, 2025 18,663 6,143 (47,958) 62,160 (1,684) 2
Beginning balance at Mar. 31, 2025 18,070 6,043 (47,127) 61,356 (2,205) 3
Increase (Decrease) in Shareholders' Equity            
Profit (loss) of consolidated and affiliated companies 2,179     2,179    
Foreign currency translation 435       435  
Pension and other postretirement benefits (1)       (1)  
Derivative financial instruments, net of tax 63       63  
Available-for-sale securities 24       24  
Dividends declared [3] (1,375)     (1,375)    
Common shares issued from treasury stock for stock-based compensation 5   5      
Stock-based compensation expense 86 86        
Common shares repurchased [4] (828)   (828)      
Other 5 14 (8)     (1)
Ending balance at Jun. 30, 2025 18,663 6,143 (47,958) 62,160 (1,684) 2
Beginning balance at Dec. 31, 2025 21,318 7,181 (49,539) 65,448 (1,772) 0
Ending balance at Mar. 31, 2026 18,660 5,852 (53,307) 67,997 (1,881) (1)
Beginning balance at Dec. 31, 2025 21,318 7,181 (49,539) 65,448 (1,772) 0
Increase (Decrease) in Shareholders' Equity            
Profit (loss) of consolidated and affiliated companies 6,141     6,142   (1)
Foreign currency translation (97)       (97)  
Pension and other postretirement benefits 1       1  
Derivative financial instruments, net of tax 25       25  
Available-for-sale securities (24)       (24)  
Dividends declared [1] (1,449)     (1,449)    
Common shares issued from treasury stock for stock-based compensation (121) (90) (31)      
Stock-based compensation expense 146 146        
Common shares repurchased [2] (4,922)   (4,922)      
Outstanding authorized accelerated share repurchase (1,600) (1,600)        
Other (24) 17 (41)      
Ending balance at Jun. 30, 2026 19,394 5,654 (54,533) 70,141 (1,867) (1)
Beginning balance at Mar. 31, 2026 18,660 5,852 (53,307) 67,997 (1,881) (1)
Increase (Decrease) in Shareholders' Equity            
Profit (loss) of consolidated and affiliated companies 3,593     3,593    
Foreign currency translation (50)       (50)  
Pension and other postretirement benefits 1       1  
Derivative financial instruments, net of tax 65       65  
Available-for-sale securities (2)       (2)  
Dividends declared [3] (1,449)     (1,449)    
Common shares issued from treasury stock for stock-based compensation (24) (51) 27      
Stock-based compensation expense 92 92        
Common shares repurchased [4] (1,244)   (1,244)      
Outstanding authorized accelerated share repurchase (250) (250)        
Other 2 11 (9)      
Ending balance at Jun. 30, 2026 $ 19,394 $ 5,654 $ (54,533) $ 70,141 $ (1,867) $ (1)
[1] Dividends per share of common stock of $3.14 and $2.92 were declared in the six months ended June 30, 2026 and 2025, respectively.
[2] See Note 12 for additional information.
[3] Dividends per share of common stock of $3.14 and $2.92 were declared in the three months ended June 30, 2026 and 2025, respectively.
[4] See Note 12 for additional information.