v3.26.3
Condensed Consolidated Statement of Operations - USD ($)
$ in Millions
 3 Months Ended 9 Months Ended
Sep. 30, 2026
Sep. 30, 2025
Sep. 30, 2026
Sep. 30, 2025
Net Sales:        
Total net sales $ 24,965 $ 22,478 $ 71,749 $ 64,365
Costs and Expenses:        
Research and development 711 684 2,064 2,018
Selling, general, and administrative 1,918 1,436 5,052 4,457
Total costs and expenses 21,789 20,018 63,333 57,768
Other income, net 161 63 287 107
Operating profit 3,337 2,523 8,703 6,704
Non-operating expense (income), net:        
Non-service pension income (345) (364) (1,048) (1,081)
Interest expense, net 381 449 1,188 1,349
Total non-operating expense, net 36 85 140 268
Income before income taxes 3,301 2,438 8,563 6,436
Income tax expense 593 432 1,449 1,080
Net income 2,708 2,006 7,114 5,356
Less: Noncontrolling interest in subsidiaries’ earnings 125 88 333 246
Net income attributable to common shareowners $ 2,583 $ 1,918 $ 6,781 $ 5,110
Earnings Per Share attributable to common shareowners:        
Basic (in dollars per share) $ 1.91 $ 1.43 $ 5.02 $ 3.81
Diluted (in dollars per share) $ 1.89 $ 1.41 $ 4.96 $ 3.77
Products        
Net Sales:        
Total net sales $ 18,258 $ 16,264 $ 51,967 $ 46,406
Costs and Expenses:        
Cost of sales 14,484 13,593 42,286 38,865
Services        
Net Sales:        
Total net sales 6,707 6,214 19,782 17,959
Costs and Expenses:        
Cost of sales $ 4,676 $ 4,305 $ 13,931 $ 12,428