10-Q Filing

ILLINOIS TOOL WORKS INC CIK: 49826 Q3 2018

Filing Information

Form Type	10-Q
Accession Number	`0000049826-18-000106`
Period End Date	20180930
Filing Date	20181101
Fiscal Year	2018
Fiscal Period	Q3
XBRL Instance	itw-20180930.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 68 Income Statement 68 Cash Flow Statement 84 Comprehensive Income 16

Balance Sheet 68 line items

Line Item	Tag	Value	Unit	Period
Common stock, par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Common stock, par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Common stock, issued (in shares)	`CommonStockSharesIssued`	550.00M	shares	Point-in-time
Common stock, issued (in shares)	`CommonStockSharesIssued`	550.00M	shares	Point-in-time
Cash and equivalents	`CashAndCashEquivalentsAtCarryingValue`	$2.79B	USD	Point-in-time
Common stock, outstanding (in shares)	`CommonStockSharesOutstanding`	341.50M	shares	Point-in-time
Cash and equivalents	`CashAndCashEquivalentsAtCarryingValue`	$1.59B	USD	Point-in-time
Cash and equivalents	`CashAndCashEquivalentsAtCarryingValue`	$2.47B	USD	Point-in-time
Cash and equivalents	`CashAndCashEquivalentsAtCarryingValue`	$3.09B	USD	Point-in-time
Common stock, outstanding (in shares)	`CommonStockSharesOutstanding`	331.80M	shares	Point-in-time
Trade receivables	`ReceivablesNetCurrent`	$2.78B	USD	Point-in-time
Trade receivables	`ReceivablesNetCurrent`	$2.63B	USD	Point-in-time
Inventories	`InventoryNet`	$1.22B	USD	Point-in-time
Inventories	`InventoryNet`	$1.34B	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$336.00M	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$236.00M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$5.94B	USD	Point-in-time
Total current assets	`AssetsCurrent`	$7.28B	USD	Point-in-time
Net plant and equipment	`PropertyPlantAndEquipmentNet`	$1.80B	USD	Point-in-time
Net plant and equipment	`PropertyPlantAndEquipmentNet`	$1.78B	USD	Point-in-time
Goodwill	`Goodwill`	$4.75B	USD	Point-in-time
Goodwill	`Goodwill`	$4.66B	USD	Point-in-time
Intangible assets	`IntangibleAssetsNetExcludingGoodwill`	$1.27B	USD	Point-in-time
Intangible assets	`IntangibleAssetsNetExcludingGoodwill`	$1.13B	USD	Point-in-time
Deferred income taxes	`DeferredTaxAssetsNet`	$505.00M	USD	Point-in-time
Deferred income taxes	`DeferredTaxAssetsNet`	$614.00M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$1.18B	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$1.20B	USD	Point-in-time
Total assets	`Assets`	$16.78B	USD	Point-in-time
Total assets	`Assets`	$15.32B	USD	Point-in-time
Short-term debt	`LongTermDebtAndCapitalLeaseObligationsRepaymentsOfPrincipalInNextTwelveMonths`	$1.35B	USD	Point-in-time
Short-term debt	`LongTermDebtAndCapitalLeaseObligationsRepaymentsOfPrincipalInNextTwelveMonths`	$850.00M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$590.00M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$576.00M	USD	Point-in-time
Accrued expenses	`AccruedLiabilitiesCurrent`	$1.27B	USD	Point-in-time
Accrued expenses	`AccruedLiabilitiesCurrent`	$1.26B	USD	Point-in-time
Cash dividends payable	`InterestAndDividendsPayableCurrent`	$332.00M	USD	Point-in-time
Cash dividends payable	`InterestAndDividendsPayableCurrent`	$266.00M	USD	Point-in-time
Income taxes payable	`AccruedIncomeTaxesCurrent`	$89.00M	USD	Point-in-time
Income taxes payable	`AccruedIncomeTaxesCurrent`	$137.00M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$3.05B	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$3.66B	USD	Point-in-time
Long-term debt	`LongTermDebtAndCapitalLeaseObligations`	$7.48B	USD	Point-in-time
Long-term debt	`LongTermDebtAndCapitalLeaseObligations`	$6.05B	USD	Point-in-time
Deferred income taxes	`DeferredIncomeTaxLiabilitiesNet`	$164.00M	USD	Point-in-time
Deferred income taxes	`DeferredIncomeTaxLiabilitiesNet`	$707.00M	USD	Point-in-time
Noncurrent income taxes payable	`AccruedIncomeTaxesNoncurrent`	$496.00M	USD	Point-in-time
Noncurrent income taxes payable	`AccruedIncomeTaxesNoncurrent`	$614.00M	USD	Point-in-time
Other liabilities	`OtherLiabilitiesNoncurrent`	$882.00M	USD	Point-in-time
Other liabilities	`OtherLiabilitiesNoncurrent`	$853.00M	USD	Point-in-time
Total noncurrent liabilities	`LiabilitiesNoncurrent`	$8.11B	USD	Point-in-time
Total noncurrent liabilities	`LiabilitiesNoncurrent`	$9.14B	USD	Point-in-time
Common stock	`CommonStockValue`	$6.00M	USD	Point-in-time
Common stock	`CommonStockValue`	$6.00M	USD	Point-in-time
Additional paid-in-capital	`AdditionalPaidInCapitalCommonStock`	$1.24B	USD	Point-in-time
Additional paid-in-capital	`AdditionalPaidInCapitalCommonStock`	$1.22B	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$20.21B	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$20.94B	USD	Point-in-time
Common stock held in treasury	`TreasuryStockValue`	$17.05B	USD	Point-in-time
Common stock held in treasury	`TreasuryStockValue`	$15.56B	USD	Point-in-time
Accumulated other comprehensive income (loss)	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-1.59B	USD	Point-in-time
Accumulated other comprehensive income (loss)	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-1.29B	USD	Point-in-time
Noncontrolling interest	`MinorityInterest`	$4.00M	USD	Point-in-time
Noncontrolling interest	`MinorityInterest`	$4.00M	USD	Point-in-time
Total stockholders equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$4.59B	USD	Point-in-time
Total stockholders equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$3.55B	USD	Point-in-time
Total liabilities and stockholders' equity	`LiabilitiesAndStockholdersEquity`	$16.78B	USD	Point-in-time
Total liabilities and stockholders' equity	`LiabilitiesAndStockholdersEquity`	$15.32B	USD	Point-in-time

Income Statement 68 line items

Line Item	Tag	Value	Unit	Period
Operating Revenue	`Revenues`	$11.19B	USD	3 Qtrs
Operating Revenue	`Revenues`	$3.61B	USD	1 Quarter
Operating Revenue	`Revenues`	$3.62B	USD	1 Quarter
Operating Revenue	`Revenues`	$10.69B	USD	3 Qtrs
Cost of revenue	`CostOfGoodsAndServicesSold`	$2.09B	USD	1 Quarter
Cost of revenue	`CostOfGoodsAndServicesSold`	$2.10B	USD	1 Quarter
Cost of revenue	`CostOfGoodsAndServicesSold`	$6.18B	USD	3 Qtrs
Cost of revenue	`CostOfGoodsAndServicesSold`	$6.51B	USD	3 Qtrs
Selling, administrative, and research and development expenses	`SellingAdministrativeAndResearchAndDevelopmentExpenses`	$1.80B	USD	3 Qtrs
Selling, administrative, and research and development expenses	`SellingAdministrativeAndResearchAndDevelopmentExpenses`	$592.00M	USD	1 Quarter
Selling, administrative, and research and development expenses	`SellingAdministrativeAndResearchAndDevelopmentExpenses`	$581.00M	USD	1 Quarter
Selling, administrative, and research and development expenses	`SellingAdministrativeAndResearchAndDevelopmentExpenses`	$1.81B	USD	3 Qtrs
Legal settlement (income)	`GainLossRelatedToLitigationSettlement`	-	USD	3 Qtrs
Legal settlement (income)	`GainLossRelatedToLitigationSettlement`	$95.00M	USD	3 Qtrs
Legal settlement (income)	`GainLossRelatedToLitigationSettlement`	-	USD	1 Quarter
Legal settlement (income)	`GainLossRelatedToLitigationSettlement`	$80.00M	USD	1 Quarter
Amortization and impairment of intangible assets	`AmortizationandImpairmentofIntangibleAssets`	$51.00M	USD	1 Quarter
Amortization and impairment of intangible assets	`AmortizationandImpairmentofIntangibleAssets`	$143.00M	USD	3 Qtrs
Amortization and impairment of intangible assets	`AmortizationandImpairmentofIntangibleAssets`	$156.00M	USD	3 Qtrs
Amortization and impairment of intangible assets	`AmortizationandImpairmentofIntangibleAssets`	$47.00M	USD	1 Quarter
Operating Income	`OperatingIncomeLoss`	$960.00M	USD	1 Quarter
Operating Income	`OperatingIncomeLoss`	$889.00M	USD	1 Quarter
Operating Income	`OperatingIncomeLoss`	$2.72B	USD	3 Qtrs
Operating Income	`OperatingIncomeLoss`	$2.64B	USD	3 Qtrs
Interest expense	`InterestExpense`	$194.00M	USD	3 Qtrs
Interest expense	`InterestExpense`	$194.00M	USD	3 Qtrs
Interest expense	`InterestExpense`	$65.00M	USD	1 Quarter
Interest expense	`InterestExpense`	$64.00M	USD	1 Quarter
Other income (expense)	`OtherNonoperatingIncome`	$10.00M	USD	1 Quarter
Other income (expense)	`OtherNonoperatingIncome`	$48.00M	USD	3 Qtrs
Other income (expense)	`OtherNonoperatingIncome`	$11.00M	USD	1 Quarter
Other income (expense)	`OtherNonoperatingIncome`	$29.00M	USD	3 Qtrs
Income Before Taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$835.00M	USD	1 Quarter
Income Before Taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$906.00M	USD	1 Quarter
Income Before Taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$2.47B	USD	3 Qtrs
Income Before Taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$2.58B	USD	3 Qtrs
Income Taxes	`IncomeTaxExpenseBenefit`	$711.00M	USD	3 Qtrs
Income Taxes	`IncomeTaxExpenseBenefit`	$622.00M	USD	3 Qtrs
Income Taxes	`IncomeTaxExpenseBenefit`	$197.00M	USD	1 Quarter
Income Taxes	`IncomeTaxExpenseBenefit`	$266.00M	USD	1 Quarter
Net Income	`ProfitLoss`	$1.76B	USD	3 Qtrs
Net Income	`ProfitLoss`	$640.00M	USD	1 Quarter
Net Income	`ProfitLoss`	$638.00M	USD	1 Quarter
Net Income	`ProfitLoss`	$1.96B	USD	3 Qtrs
Basic (in dollars per share)	`EarningsPerShareBasic`	$1.91	USD	1 Quarter
Basic (in dollars per share)	`EarningsPerShareBasic`	$1.86	USD	1 Quarter
Basic (in dollars per share)	`EarningsPerShareBasic`	$5.12	USD	3 Qtrs
Basic (in dollars per share)	`EarningsPerShareBasic`	$5.81	USD	3 Qtrs
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$1.90	USD	1 Quarter
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$1.85	USD	1 Quarter
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$5.77	USD	3 Qtrs
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$5.07	USD	3 Qtrs
Paid (in dollars per share)	`CommonStockDividendsPerShareCashPaid`	$2.34	USD	3 Qtrs
Paid (in dollars per share)	`CommonStockDividendsPerShareCashPaid`	$0.78	USD	1 Quarter
Paid (in dollars per share)	`CommonStockDividendsPerShareCashPaid`	$1.95	USD	3 Qtrs
Paid (in dollars per share)	`CommonStockDividendsPerShareCashPaid`	$0.65	USD	1 Quarter
Declared (in dollars per share)	`CommonStockDividendsPerShareDeclared`	$1.00	USD	1 Quarter
Declared (in dollars per share)	`CommonStockDividendsPerShareDeclared`	$0.78	USD	1 Quarter
Declared (in dollars per share)	`CommonStockDividendsPerShareDeclared`	$2.08	USD	3 Qtrs
Declared (in dollars per share)	`CommonStockDividendsPerShareDeclared`	$2.56	USD	3 Qtrs
Average (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	343.40M	shares	1 Quarter
Average (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	333.30M	shares	1 Quarter
Average (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	336.70M	shares	3 Qtrs
Average (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	344.70M	shares	3 Qtrs
Average assuming dilution (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	339.00M	shares	3 Qtrs
Average assuming dilution (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	346.00M	shares	1 Quarter
Average assuming dilution (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	347.50M	shares	3 Qtrs
Average assuming dilution (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	335.30M	shares	1 Quarter

Cash Flow Statement 84 line items

Line Item	Tag	Value	Unit	Period
Net Income	`ProfitLoss`	$1.76B	USD	3 Qtrs
Net Income	`ProfitLoss`	$640.00M	USD	1 Quarter
Net Income	`ProfitLoss`	$638.00M	USD	1 Quarter
Net Income	`ProfitLoss`	$1.96B	USD	3 Qtrs
Depreciation	`Depreciation`	$188.00M	USD	3 Qtrs
Depreciation	`Depreciation`	$203.00M	USD	3 Qtrs
Amortization and impairment of intangible assets	`AmortizationandImpairmentofIntangibleAssets`	$51.00M	USD	1 Quarter
Amortization and impairment of intangible assets	`AmortizationandImpairmentofIntangibleAssets`	$143.00M	USD	3 Qtrs
Amortization and impairment of intangible assets	`AmortizationandImpairmentofIntangibleAssets`	$156.00M	USD	3 Qtrs
Amortization and impairment of intangible assets	`AmortizationandImpairmentofIntangibleAssets`	$47.00M	USD	1 Quarter
Change in deferred income taxes	`IncreaseDecreaseInDeferredIncomeTaxes`	$-55.00M	USD	3 Qtrs
Change in deferred income taxes	`IncreaseDecreaseInDeferredIncomeTaxes`	$20.00M	USD	3 Qtrs
Provision for uncollectible accounts	`ProvisionForDoubtfulAccounts`	$3.00M	USD	3 Qtrs
Provision for uncollectible accounts	`ProvisionForDoubtfulAccounts`	$4.00M	USD	3 Qtrs
(Income) loss from investments	`GainLossOnInvestments`	$13.00M	USD	3 Qtrs
(Income) loss from investments	`GainLossOnInvestments`	$8.00M	USD	3 Qtrs
(Gain) loss on sale of plant and equipment	`GainLossOnSaleOfPropertyPlantEquipment`	$2.00M	USD	3 Qtrs
(Gain) loss on sale of plant and equipment	`GainLossOnSaleOfPropertyPlantEquipment`	-	USD	3 Qtrs
(Gain) loss on sale of operations and affiliates	`DisposalGroupNotDiscontinuedOperationGainLossOnDisposal`	-	USD	3 Qtrs
(Gain) loss on sale of operations and affiliates	`DisposalGroupNotDiscontinuedOperationGainLossOnDisposal`	$-1.00M	USD	3 Qtrs
Stock-based compensation expense	`ShareBasedCompensation`	$27.00M	USD	3 Qtrs
Stock-based compensation expense	`ShareBasedCompensation`	$31.00M	USD	3 Qtrs
Other non-cash items, net	`OtherOperatingActivitiesCashFlowStatement`	$6.00M	USD	3 Qtrs
Other non-cash items, net	`OtherOperatingActivitiesCashFlowStatement`	$6.00M	USD	3 Qtrs
Trade receivables	`IncreaseDecreaseInReceivables`	$197.00M	USD	3 Qtrs
Trade receivables	`IncreaseDecreaseInReceivables`	$202.00M	USD	3 Qtrs
Inventories	`IncreaseDecreaseInInventories`	$122.00M	USD	3 Qtrs
Inventories	`IncreaseDecreaseInInventories`	$93.00M	USD	3 Qtrs
Prepaid expenses and other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$-8.00M	USD	3 Qtrs
Prepaid expenses and other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$97.00M	USD	3 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayableTrade`	$3.00M	USD	3 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayableTrade`	$41.00M	USD	3 Qtrs
Accrued expenses and other liabilities	`IncreaseDecreaseInOtherAccountsPayableAndAccruedLiabilities`	$-56.00M	USD	3 Qtrs
Accrued expenses and other liabilities	`IncreaseDecreaseInOtherAccountsPayableAndAccruedLiabilities`	$-25.00M	USD	3 Qtrs
Income taxes	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	$24.00M	USD	3 Qtrs
Income taxes	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	$-76.00M	USD	3 Qtrs
Other, net	`IncreaseDecreaseInOtherOperatingCapitalNet`	$-2.00M	USD	3 Qtrs
Other, net	`IncreaseDecreaseInOtherOperatingCapitalNet`	-	USD	3 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$1.71B	USD	3 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$2.00B	USD	3 Qtrs
Acquisition of businesses (excluding cash and equivalents) and additional interest in affiliates	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$3.00M	USD	3 Qtrs
Acquisition of businesses (excluding cash and equivalents) and additional interest in affiliates	`PaymentsToAcquireBusinessesNetOfCashAcquired`	-	USD	3 Qtrs
Additions to plant and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$282.00M	USD	3 Qtrs
Additions to plant and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$219.00M	USD	3 Qtrs
Proceeds from investments	`ProceedsFromSaleMaturityAndCollectionsOfInvestments`	$13.00M	USD	3 Qtrs
Proceeds from investments	`ProceedsFromSaleMaturityAndCollectionsOfInvestments`	$25.00M	USD	3 Qtrs
Proceeds from sale of plant and equipment	`ProceedsFromSaleOfPropertyPlantAndEquipment`	$8.00M	USD	3 Qtrs
Proceeds from sale of plant and equipment	`ProceedsFromSaleOfPropertyPlantAndEquipment`	$14.00M	USD	3 Qtrs
Proceeds from sales of operations and affiliates	`ProceedsFromDivestitureOfBusinessesAndInterestsInAffiliates`	$2.00M	USD	3 Qtrs
Proceeds from sales of operations and affiliates	`ProceedsFromDivestitureOfBusinessesAndInterestsInAffiliates`	$1.00M	USD	3 Qtrs
Other, net	`PaymentsForProceedsFromOtherInvestingActivities`	$7.00M	USD	3 Qtrs
Other, net	`PaymentsForProceedsFromOtherInvestingActivities`	$4.00M	USD	3 Qtrs
Net cash provided by (used for) investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-194.00M	USD	3 Qtrs
Net cash provided by (used for) investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-258.00M	USD	3 Qtrs
Cash dividends paid	`PaymentsOfDividendsCommonStock`	$674.00M	USD	3 Qtrs
Cash dividends paid	`PaymentsOfDividendsCommonStock`	$792.00M	USD	3 Qtrs
Issuance of common stock	`ProceedsFromIssuanceOfCommonStock`	$58.00M	USD	3 Qtrs
Issuance of common stock	`ProceedsFromIssuanceOfCommonStock`	$11.00M	USD	3 Qtrs
Repurchases of common stock	`PaymentsForRepurchaseOfCommonStock`	$750.00M	USD	3 Qtrs
Repurchases of common stock	`PaymentsForRepurchaseOfCommonStock`	$1.50B	USD	3 Qtrs
Net proceeds from (repayments of) debt with original maturities of three months or less	`ProceedsFromRepaymentsOfShortTermDebtMaturingInThreeMonthsOrLess`	$-850.00M	USD	3 Qtrs
Net proceeds from (repayments of) debt with original maturities of three months or less	`ProceedsFromRepaymentsOfShortTermDebtMaturingInThreeMonthsOrLess`	$697.00M	USD	3 Qtrs
Repayments of debt with original maturities of more than three months	`RepaymentsOfLongTermDebt`	$1.00M	USD	3 Qtrs
Repayments of debt with original maturities of more than three months	`RepaymentsOfLongTermDebt`	$652.00M	USD	3 Qtrs
Other, net	`ProceedsFromPaymentsForOtherFinancingActivities`	$-11.00M	USD	3 Qtrs
Other, net	`ProceedsFromPaymentsForOtherFinancingActivities`	$-13.00M	USD	3 Qtrs
Net cash provided by (used for) financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-1.33B	USD	3 Qtrs
Net cash provided by (used for) financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-3.14B	USD	3 Qtrs
Effect of Exchange Rate Changes on Cash and Equivalents	`EffectOfExchangeRateOnCashAndCashEquivalents`	$134.00M	USD	3 Qtrs
Effect of Exchange Rate Changes on Cash and Equivalents	`EffectOfExchangeRateOnCashAndCashEquivalents`	$-106.00M	USD	3 Qtrs
Increase (decrease) during the period	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$-1.50B	USD	3 Qtrs
Increase (decrease) during the period	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$313.00M	USD	3 Qtrs
Beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$2.79B	USD	Point-in-time
Beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$1.59B	USD	Point-in-time
Beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$2.47B	USD	Point-in-time
Beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$3.09B	USD	Point-in-time
End of period	`CashAndCashEquivalentsAtCarryingValue`	$2.79B	USD	Point-in-time
End of period	`CashAndCashEquivalentsAtCarryingValue`	$1.59B	USD	Point-in-time
End of period	`CashAndCashEquivalentsAtCarryingValue`	$2.47B	USD	Point-in-time
End of period	`CashAndCashEquivalentsAtCarryingValue`	$3.09B	USD	Point-in-time
Cash Paid During the Period for Interest	`InterestPaidNet`	$208.00M	USD	3 Qtrs
Cash Paid During the Period for Interest	`InterestPaidNet`	$211.00M	USD	3 Qtrs
Cash Paid During the Period for Income Taxes, Net of Refunds	`IncomeTaxesPaidNet`	$732.00M	USD	3 Qtrs
Cash Paid During the Period for Income Taxes, Net of Refunds	`IncomeTaxesPaidNet`	$618.00M	USD	3 Qtrs

Comprehensive Income 16 line items

Line Item	Tag	Value	Unit	Period
Net Income	`ProfitLoss`	$1.76B	USD	3 Qtrs
Net Income	`ProfitLoss`	$640.00M	USD	1 Quarter
Net Income	`ProfitLoss`	$638.00M	USD	1 Quarter
Net Income	`ProfitLoss`	$1.96B	USD	3 Qtrs
Foreign currency translation adjustments, net of tax	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-67.00M	USD	1 Quarter
Foreign currency translation adjustments, net of tax	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$367.00M	USD	3 Qtrs
Foreign currency translation adjustments, net of tax	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$96.00M	USD	1 Quarter
Foreign currency translation adjustments, net of tax	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-283.00M	USD	3 Qtrs
Pension and other postretirement benefit adjustments, net of tax	`OtherComprehensiveIncomeDefinedBenefitPlansAdjustmentNetOfTaxPortionAttributableToParent`	$-33.00M	USD	3 Qtrs
Pension and other postretirement benefit adjustments, net of tax	`OtherComprehensiveIncomeDefinedBenefitPlansAdjustmentNetOfTaxPortionAttributableToParent`	$-26.00M	USD	3 Qtrs
Pension and other postretirement benefit adjustments, net of tax	`OtherComprehensiveIncomeDefinedBenefitPlansAdjustmentNetOfTaxPortionAttributableToParent`	$-8.00M	USD	1 Quarter
Pension and other postretirement benefit adjustments, net of tax	`OtherComprehensiveIncomeDefinedBenefitPlansAdjustmentNetOfTaxPortionAttributableToParent`	$-13.00M	USD	1 Quarter
Comprehensive Income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$579.00M	USD	1 Quarter
Comprehensive Income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$749.00M	USD	1 Quarter
Comprehensive Income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$1.70B	USD	3 Qtrs
Comprehensive Income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$2.16B	USD	3 Qtrs

Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.