10-Q Filing

ILLINOIS TOOL WORKS INC CIK: 49826 Q3 2020

Filing Information

Form Type	10-Q
Accession Number	`0000049826-20-000106`
Period End Date	20200930
Filing Date	20201030
Fiscal Year	2020
Fiscal Period	Q3
XBRL Instance	itw-20200930_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 74 Income Statement 56 Cash Flow Statement 86 Stockholders Equity 40 Comprehensive Income 20

Balance Sheet 74 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
Common stock, outstanding (in shares)	`CommonStockSharesOutstanding`	319.80M	shares	Point-in-time
Common stock, outstanding (in shares)	`CommonStockSharesOutstanding`	316.50M	shares	Point-in-time
Cash and equivalents	`CashAndCashEquivalentsAtCarryingValue`	$2.17B	USD	Point-in-time
Cash and equivalents	`CashAndCashEquivalentsAtCarryingValue`	$1.98B	USD	Point-in-time
Trade receivables	`ReceivablesNetCurrent`	$2.49B	USD	Point-in-time
Trade receivables	`ReceivablesNetCurrent`	$2.46B	USD	Point-in-time
Inventories	`InventoryNet`	$1.16B	USD	Point-in-time
Inventories	`InventoryNet`	$1.15B	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$296.00M	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$219.00M	USD	Point-in-time
Assets held for sale	`AssetsHeldforsaleDivestitureCurrent`	$351.00M	USD	Point-in-time
Assets held for sale	`AssetsHeldforsaleDivestitureCurrent`	-	USD	Point-in-time
Total current assets	`AssetsCurrent`	$6.03B	USD	Point-in-time
Total current assets	`AssetsCurrent`	$6.25B	USD	Point-in-time
Net plant and equipment	`PropertyPlantAndEquipmentNet`	$1.73B	USD	Point-in-time
Net plant and equipment	`PropertyPlantAndEquipmentNet`	$1.74B	USD	Point-in-time
Goodwill	`Goodwill`	$4.49B	USD	Point-in-time
Goodwill	`Goodwill`	$4.59B	USD	Point-in-time
Intangible assets	`IntangibleAssetsNetExcludingGoodwill`	$814.00M	USD	Point-in-time
Intangible assets	`IntangibleAssetsNetExcludingGoodwill`	$851.00M	USD	Point-in-time
Deferred income taxes	`DeferredIncomeTaxAssetsNet`	$509.00M	USD	Point-in-time
Deferred income taxes	`DeferredIncomeTaxAssetsNet`	$516.00M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$1.26B	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$1.23B	USD	Point-in-time
Total assets	`Assets`	$15.07B	USD	Point-in-time
Total assets	`Assets`	$14.94B	USD	Point-in-time
Short-term debt	`ShortTermBorrowings`	$353.00M	USD	Point-in-time
Short-term debt	`ShortTermBorrowings`	$4.00M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$521.00M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$472.00M	USD	Point-in-time
Accrued expenses	`AccruedLiabilitiesCurrent`	$1.22B	USD	Point-in-time
Accrued expenses	`AccruedLiabilitiesCurrent`	$1.26B	USD	Point-in-time
Cash dividends payable	`InterestAndDividendsPayableCurrent`	$361.00M	USD	Point-in-time
Cash dividends payable	`InterestAndDividendsPayableCurrent`	$342.00M	USD	Point-in-time
Income taxes payable	`AccruedIncomeTaxesCurrent`	$42.00M	USD	Point-in-time
Income taxes payable	`AccruedIncomeTaxesCurrent`	$48.00M	USD	Point-in-time
Liabilities held for sale	`LiabilitiesHeldforsaleDivestitureCurrent`	$71.00M	USD	Point-in-time
Liabilities held for sale	`LiabilitiesHeldforsaleDivestitureCurrent`	-	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$2.54B	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$2.15B	USD	Point-in-time
Long-term debt	`LongTermDebtAndCapitalLeaseObligations`	$7.59B	USD	Point-in-time
Long-term debt	`LongTermDebtAndCapitalLeaseObligations`	$7.75B	USD	Point-in-time
Deferred income taxes	`DeferredIncomeTaxLiabilitiesNet`	$671.00M	USD	Point-in-time
Deferred income taxes	`DeferredIncomeTaxLiabilitiesNet`	$668.00M	USD	Point-in-time
Noncurrent income taxes payable	`AccruedIncomeTaxesNoncurrent`	$462.00M	USD	Point-in-time
Noncurrent income taxes payable	`AccruedIncomeTaxesNoncurrent`	$413.00M	USD	Point-in-time
Other liabilities	`OtherLiabilitiesNoncurrent`	$1.00B	USD	Point-in-time
Other liabilities	`OtherLiabilitiesNoncurrent`	$1.03B	USD	Point-in-time
Total noncurrent liabilities	`LiabilitiesNoncurrent`	$9.70B	USD	Point-in-time
Total noncurrent liabilities	`LiabilitiesNoncurrent`	$9.88B	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`	$1.35B	USD	Point-in-time
Additional paid-in-capital	`AdditionalPaidInCapitalCommonStock`	$1.30B	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$22.83B	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$22.40B	USD	Point-in-time
Common stock held in treasury	`TreasuryStockValue`	$18.98B	USD	Point-in-time
Common stock held in treasury	`TreasuryStockValue`	$19.65B	USD	Point-in-time
Accumulated other comprehensive income (loss)	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-1.71B	USD	Point-in-time
Accumulated other comprehensive income (loss)	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-1.84B	USD	Point-in-time
Noncontrolling interest	`MinorityInterest`	$1.00M	USD	Point-in-time
Noncontrolling interest	`MinorityInterest`	$4.00M	USD	Point-in-time
Total stockholders equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.97B	USD	Point-in-time
Total stockholders equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$3.26B	USD	Point-in-time
Total stockholders equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.70B	USD	Point-in-time
Total stockholders equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.36B	USD	Point-in-time
Total stockholders equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$3.03B	USD	Point-in-time
Total stockholders equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$3.10B	USD	Point-in-time
Total liabilities and stockholders' equity	`LiabilitiesAndStockholdersEquity`	$15.07B	USD	Point-in-time
Total liabilities and stockholders' equity	`LiabilitiesAndStockholdersEquity`	$14.94B	USD	Point-in-time

Income Statement 56 line items

Line Item	Tag	Value	Unit	Period
Operating Revenue	`RevenueFromContractWithCustomerIncludingAssessedTax`	$3.48B	USD	1 Quarter
Operating Revenue	`RevenueFromContractWithCustomerIncludingAssessedTax`	$3.31B	USD	1 Quarter
Operating Revenue	`RevenueFromContractWithCustomerIncludingAssessedTax`	$9.10B	USD	3 Qtrs
Operating Revenue	`RevenueFromContractWithCustomerIncludingAssessedTax`	$10.64B	USD	3 Qtrs
Cost of revenue	`CostOfGoodsAndServicesSold`	$5.38B	USD	3 Qtrs
Cost of revenue	`CostOfGoodsAndServicesSold`	$6.17B	USD	3 Qtrs
Cost of revenue	`CostOfGoodsAndServicesSold`	$1.91B	USD	1 Quarter
Cost of revenue	`CostOfGoodsAndServicesSold`	$2.01B	USD	1 Quarter
Selling, administrative, and research and development expenses	`SellingAdministrativeAndResearchAndDevelopmentExpenses`	$566.00M	USD	1 Quarter
Selling, administrative, and research and development expenses	`SellingAdministrativeAndResearchAndDevelopmentExpenses`	$560.00M	USD	1 Quarter
Selling, administrative, and research and development expenses	`SellingAdministrativeAndResearchAndDevelopmentExpenses`	$1.61B	USD	3 Qtrs
Selling, administrative, and research and development expenses	`SellingAdministrativeAndResearchAndDevelopmentExpenses`	$1.77B	USD	3 Qtrs
Amortization and impairment of intangible assets	`AmortizationandImpairmentofIntangibleAssets`	$122.00M	USD	3 Qtrs
Amortization and impairment of intangible assets	`AmortizationandImpairmentofIntangibleAssets`	$48.00M	USD	1 Quarter
Amortization and impairment of intangible assets	`AmortizationandImpairmentofIntangibleAssets`	$38.00M	USD	1 Quarter
Amortization and impairment of intangible assets	`AmortizationandImpairmentofIntangibleAssets`	$119.00M	USD	3 Qtrs
Operating Income	`OperatingIncomeLoss`	$2.00B	USD	3 Qtrs
Operating Income	`OperatingIncomeLoss`	$2.58B	USD	3 Qtrs
Operating Income	`OperatingIncomeLoss`	$868.00M	USD	1 Quarter
Operating Income	`OperatingIncomeLoss`	$789.00M	USD	1 Quarter
Interest expense	`InterestExpense`	$52.00M	USD	1 Quarter
Interest expense	`InterestExpense`	$52.00M	USD	1 Quarter
Interest expense	`InterestExpense`	$170.00M	USD	3 Qtrs
Interest expense	`InterestExpense`	$154.00M	USD	3 Qtrs
Other income (expense)	`OtherNonoperatingIncome`	$35.00M	USD	3 Qtrs
Other income (expense)	`OtherNonoperatingIncome`	$2.00M	USD	1 Quarter
Other income (expense)	`OtherNonoperatingIncome`	$26.00M	USD	1 Quarter
Other income (expense)	`OtherNonoperatingIncome`	$49.00M	USD	3 Qtrs
Income Before Taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$739.00M	USD	1 Quarter
Income Before Taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$1.88B	USD	3 Qtrs
Income Before Taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$842.00M	USD	1 Quarter
Income Before Taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$2.46B	USD	3 Qtrs
Income Taxes	`IncomeTaxExpenseBenefit`	$577.00M	USD	3 Qtrs
Income Taxes	`IncomeTaxExpenseBenefit`	$157.00M	USD	1 Quarter
Income Taxes	`IncomeTaxExpenseBenefit`	$413.00M	USD	3 Qtrs
Income Taxes	`IncomeTaxExpenseBenefit`	$182.00M	USD	1 Quarter
Net Income	`ProfitLoss`	$660.00M	USD	1 Quarter
Net Income	`ProfitLoss`	$1.88B	USD	3 Qtrs
Net Income	`ProfitLoss`	$582.00M	USD	1 Quarter
Net Income	`ProfitLoss`	$1.47B	USD	3 Qtrs
Basic (in dollars per share)	`EarningsPerShareBasic`	$2.05	USD	1 Quarter
Basic (in dollars per share)	`EarningsPerShareBasic`	$5.79	USD	3 Qtrs
Basic (in dollars per share)	`EarningsPerShareBasic`	$1.84	USD	1 Quarter
Basic (in dollars per share)	`EarningsPerShareBasic`	$4.63	USD	3 Qtrs
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$1.83	USD	1 Quarter
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$4.61	USD	3 Qtrs
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$2.04	USD	1 Quarter
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$5.76	USD	3 Qtrs
Average (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	322.30M	shares	1 Quarter
Average (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	316.50M	shares	1 Quarter
Average (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	324.80M	shares	3 Qtrs
Average (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	316.90M	shares	3 Qtrs
Average assuming dilution (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	324.00M	shares	1 Quarter
Average assuming dilution (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	326.60M	shares	3 Qtrs
Average assuming dilution (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	318.30M	shares	3 Qtrs
Average assuming dilution (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	317.90M	shares	1 Quarter

Cash Flow Statement 86 line items

Line Item	Tag	Value	Unit	Period
Net Income	`ProfitLoss`	$660.00M	USD	1 Quarter
Net Income	`ProfitLoss`	$1.88B	USD	3 Qtrs
Net Income	`ProfitLoss`	$582.00M	USD	1 Quarter
Net Income	`ProfitLoss`	$1.47B	USD	3 Qtrs
Depreciation	`Depreciation`	$203.00M	USD	3 Qtrs
Depreciation	`Depreciation`	$199.00M	USD	3 Qtrs
Amortization and impairment of intangible assets	`AmortizationandImpairmentofIntangibleAssets`	$122.00M	USD	3 Qtrs
Amortization and impairment of intangible assets	`AmortizationandImpairmentofIntangibleAssets`	$48.00M	USD	1 Quarter
Amortization and impairment of intangible assets	`AmortizationandImpairmentofIntangibleAssets`	$38.00M	USD	1 Quarter
Amortization and impairment of intangible assets	`AmortizationandImpairmentofIntangibleAssets`	$119.00M	USD	3 Qtrs
Change in deferred income taxes	`IncreaseDecreaseInDeferredIncomeTaxes`	$-19.00M	USD	3 Qtrs
Change in deferred income taxes	`IncreaseDecreaseInDeferredIncomeTaxes`	$-47.00M	USD	3 Qtrs
Provision for uncollectible accounts	`ProvisionForDoubtfulAccounts`	$5.00M	USD	3 Qtrs
Provision for uncollectible accounts	`ProvisionForDoubtfulAccounts`	$3.00M	USD	3 Qtrs
(Income) loss from investments	`GainLossOnInvestments`	$12.00M	USD	3 Qtrs
(Income) loss from investments	`GainLossOnInvestments`	$6.00M	USD	3 Qtrs
(Gain) loss on sale of plant and equipment	`GainLossOnSaleOfPropertyPlantEquipment`	$-1.00M	USD	3 Qtrs
(Gain) loss on sale of plant and equipment	`GainLossOnSaleOfPropertyPlantEquipment`	$8.00M	USD	3 Qtrs
(Gain) loss on sale of operations and affiliates	`DisposalGroupNotDiscontinuedOperationGainLossOnDisposal`	$-6.00M	USD	3 Qtrs
(Gain) loss on sale of operations and affiliates	`DisposalGroupNotDiscontinuedOperationGainLossOnDisposal`	$1.00M	USD	3 Qtrs
Stock-based compensation expense	`ShareBasedCompensation`	$31.00M	USD	3 Qtrs
Stock-based compensation expense	`ShareBasedCompensation`	$32.00M	USD	3 Qtrs
Other non-cash items, net	`OtherOperatingActivitiesCashFlowStatement`	$6.00M	USD	3 Qtrs
Other non-cash items, net	`OtherOperatingActivitiesCashFlowStatement`	$7.00M	USD	3 Qtrs
Trade receivables	`IncreaseDecreaseInReceivables`	$-42.00M	USD	3 Qtrs
Trade receivables	`IncreaseDecreaseInReceivables`	$38.00M	USD	3 Qtrs
Inventories	`IncreaseDecreaseInInventories`	$-50.00M	USD	3 Qtrs
Inventories	`IncreaseDecreaseInInventories`	$-31.00M	USD	3 Qtrs
Prepaid expenses and other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$-50.00M	USD	3 Qtrs
Prepaid expenses and other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$-21.00M	USD	3 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayableTrade`	$23.00M	USD	3 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayableTrade`	$15.00M	USD	3 Qtrs
Accrued expenses and other liabilities	`IncreaseDecreaseInOtherAccountsPayableAndAccruedLiabilities`	$-68.00M	USD	3 Qtrs
Accrued expenses and other liabilities	`IncreaseDecreaseInOtherAccountsPayableAndAccruedLiabilities`	$29.00M	USD	3 Qtrs
Income taxes	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	$-6.00M	USD	3 Qtrs
Income taxes	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	$-21.00M	USD	3 Qtrs
Other, net	`IncreaseDecreaseInOtherOperatingCapitalNet`	$-2.00M	USD	3 Qtrs
Other, net	`IncreaseDecreaseInOtherOperatingCapitalNet`	$-5.00M	USD	3 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$2.22B	USD	3 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$2.03B	USD	3 Qtrs
Acquisition of businesses (excluding cash and equivalents)	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$4.00M	USD	3 Qtrs
Acquisition of businesses (excluding cash and equivalents)	`PaymentsToAcquireBusinessesNetOfCashAcquired`	-	USD	3 Qtrs
Additions to plant and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$168.00M	USD	3 Qtrs
Additions to plant and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$244.00M	USD	3 Qtrs
Proceeds from investments	`ProceedsFromSaleMaturityAndCollectionsOfInvestments`	$10.00M	USD	3 Qtrs
Proceeds from investments	`ProceedsFromSaleMaturityAndCollectionsOfInvestments`	$16.00M	USD	3 Qtrs
Proceeds from sale of plant and equipment	`ProceedsFromSaleOfPropertyPlantAndEquipment`	$22.00M	USD	3 Qtrs
Proceeds from sale of plant and equipment	`ProceedsFromSaleOfPropertyPlantAndEquipment`	$8.00M	USD	3 Qtrs
Proceeds from sales of operations and affiliates	`ProceedsFromSalesOfBusinessAffiliateAndProductiveAssets`	-	USD	3 Qtrs
Proceeds from sales of operations and affiliates	`ProceedsFromSalesOfBusinessAffiliateAndProductiveAssets`	$5.00M	USD	3 Qtrs
Other, net	`PaymentsForProceedsFromOtherInvestingActivities`	$1.00M	USD	3 Qtrs
Other, net	`PaymentsForProceedsFromOtherInvestingActivities`	$15.00M	USD	3 Qtrs
Net cash provided by (used for) investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-151.00M	USD	3 Qtrs
Net cash provided by (used for) investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-220.00M	USD	3 Qtrs
Cash dividends paid	`PaymentsOfDividendsCommonStock`	$1.02B	USD	3 Qtrs
Cash dividends paid	`PaymentsOfDividendsCommonStock`	$977.00M	USD	3 Qtrs
Issuance of common stock	`ProceedsFromIssuanceOfCommonStock`	$60.00M	USD	3 Qtrs
Issuance of common stock	`ProceedsFromIssuanceOfCommonStock`	$50.00M	USD	3 Qtrs
Repurchases of common stock	`PaymentsForRepurchaseOfCommonStock`	$1.12B	USD	3 Qtrs
Repurchases of common stock	`PaymentsForRepurchaseOfCommonStock`	$706.00M	USD	3 Qtrs
Net proceeds from (repayments of) debt with original maturities of three months or less	`ProceedsFromRepaymentsOfShortTermDebtMaturingInThreeMonthsOrLess`	-	USD	3 Qtrs
Net proceeds from (repayments of) debt with original maturities of three months or less	`ProceedsFromRepaymentsOfShortTermDebtMaturingInThreeMonthsOrLess`	$-1.00M	USD	3 Qtrs
Proceeds from debt with original maturities of more than three months	`ProceedsFromIssuanceOfLongTermDebt`	$1.77B	USD	3 Qtrs
Proceeds from debt with original maturities of more than three months	`ProceedsFromIssuanceOfLongTermDebt`	-	USD	3 Qtrs
Repayments of debt with original maturities of more than three months	`RepaymentsOfLongTermDebt`	$1.35B	USD	3 Qtrs
Repayments of debt with original maturities of more than three months	`RepaymentsOfLongTermDebt`	-	USD	3 Qtrs
Other, net	`ProceedsFromPaymentsForOtherFinancingActivities`	$-12.00M	USD	3 Qtrs
Other, net	`ProceedsFromPaymentsForOtherFinancingActivities`	$-16.00M	USD	3 Qtrs
Net cash provided by (used for) financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-1.64B	USD	3 Qtrs
Net cash provided by (used for) financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-1.68B	USD	3 Qtrs
Effect of Exchange Rate Changes on Cash and Equivalents	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$-14.00M	USD	3 Qtrs
Effect of Exchange Rate Changes on Cash and Equivalents	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$-39.00M	USD	3 Qtrs
Increase (decrease) during the period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$188.00M	USD	3 Qtrs
Increase (decrease) during the period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$321.00M	USD	3 Qtrs
Beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$2.17B	USD	Point-in-time
Beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$1.98B	USD	Point-in-time
Beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$1.50B	USD	Point-in-time
Beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$1.82B	USD	Point-in-time
End of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$2.17B	USD	Point-in-time
End of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$1.98B	USD	Point-in-time
End of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$1.50B	USD	Point-in-time
End of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$1.82B	USD	Point-in-time
Cash Paid During the Period for Interest	`InterestPaidNet`	$207.00M	USD	3 Qtrs
Cash Paid During the Period for Interest	`InterestPaidNet`	$175.00M	USD	3 Qtrs
Cash Paid During the Period for Income Taxes, Net of Refunds	`IncomeTaxesPaidNet`	$399.00M	USD	3 Qtrs
Cash Paid During the Period for Income Taxes, Net of Refunds	`IncomeTaxesPaidNet`	$553.00M	USD	3 Qtrs

Stockholders Equity 40 line items

Line Item	Tag	Value	Unit	Period
Dividends declared (in dollars per share)	`CommonStockDividendsPerShareDeclared`	$1.14	USD	1 Quarter
Dividends declared (in dollars per share)	`CommonStockDividendsPerShareDeclared`	$3.28	USD	3 Qtrs
Dividends declared (in dollars per share)	`CommonStockDividendsPerShareDeclared`	$3.07	USD	3 Qtrs
Dividends declared (in dollars per share)	`CommonStockDividendsPerShareDeclared`	$1.07	USD	1 Quarter
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.97B	USD	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$3.26B	USD	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.70B	USD	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.36B	USD	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$3.03B	USD	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$3.10B	USD	Point-in-time
Net income	`ProfitLoss`	$660.00M	USD	1 Quarter
Net income	`ProfitLoss`	$1.88B	USD	3 Qtrs
Net income	`ProfitLoss`	$582.00M	USD	1 Quarter
Net income	`ProfitLoss`	$1.47B	USD	3 Qtrs
Common stock issued for stock-based compensation	`StockIssuedDuringPeriodValueShareBasedCompensation`	$32.00M	USD	1 Quarter
Common stock issued for stock-based compensation	`StockIssuedDuringPeriodValueShareBasedCompensation`	$39.00M	USD	3 Qtrs
Common stock issued for stock-based compensation	`StockIssuedDuringPeriodValueShareBasedCompensation`	$25.00M	USD	1 Quarter
Common stock issued for stock-based compensation	`StockIssuedDuringPeriodValueShareBasedCompensation`	$48.00M	USD	3 Qtrs
Stock-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$14.00M	USD	1 Quarter
Stock-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$10.00M	USD	1 Quarter
Stock-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$31.00M	USD	3 Qtrs
Stock-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$32.00M	USD	3 Qtrs
Repurchases of common stock	`TreasuryStockValueAcquiredCostMethod`	$706.00M	USD	3 Qtrs
Repurchases of common stock	`TreasuryStockValueAcquiredCostMethod`	$375.00M	USD	1 Quarter
Repurchases of common stock	`TreasuryStockValueAcquiredCostMethod`	$1.12B	USD	3 Qtrs
Dividends declared	`DividendsCommonStockCash`	$361.00M	USD	1 Quarter
Dividends declared	`DividendsCommonStockCash`	$993.00M	USD	3 Qtrs
Dividends declared	`DividendsCommonStockCash`	$1.04B	USD	3 Qtrs
Dividends declared	`DividendsCommonStockCash`	$344.00M	USD	1 Quarter
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$-101.00M	USD	1 Quarter
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$-121.00M	USD	3 Qtrs
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$72.00M	USD	1 Quarter
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$-132.00M	USD	3 Qtrs
Noncontrolling interest	`MinorityInterestPeriodIncreaseDecrease`	$-4.00M	USD	3 Qtrs
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.97B	USD	Point-in-time
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$3.26B	USD	Point-in-time
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.70B	USD	Point-in-time
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.36B	USD	Point-in-time
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$3.03B	USD	Point-in-time
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$3.10B	USD	Point-in-time

Comprehensive Income 20 line items

Line Item	Tag	Value	Unit	Period
Net Income	`ProfitLoss`	$660.00M	USD	1 Quarter
Net Income	`ProfitLoss`	$1.88B	USD	3 Qtrs
Net Income	`ProfitLoss`	$582.00M	USD	1 Quarter
Net Income	`ProfitLoss`	$1.47B	USD	3 Qtrs
Foreign currency translation adjustments, net of tax	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-134.00M	USD	3 Qtrs
Foreign currency translation adjustments, net of tax	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-105.00M	USD	1 Quarter
Foreign currency translation adjustments, net of tax	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-160.00M	USD	3 Qtrs
Foreign currency translation adjustments, net of tax	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$63.00M	USD	1 Quarter
Pension and other postretirement benefit adjustments, net of tax	`OtherComprehensiveIncomeDefinedBenefitPlansAdjustmentNetOfTaxPortionAttributableToParent`	$-28.00M	USD	3 Qtrs
Pension and other postretirement benefit adjustments, net of tax	`OtherComprehensiveIncomeDefinedBenefitPlansAdjustmentNetOfTaxPortionAttributableToParent`	$-4.00M	USD	1 Quarter
Pension and other postretirement benefit adjustments, net of tax	`OtherComprehensiveIncomeDefinedBenefitPlansAdjustmentNetOfTaxPortionAttributableToParent`	$-13.00M	USD	3 Qtrs
Pension and other postretirement benefit adjustments, net of tax	`OtherComprehensiveIncomeDefinedBenefitPlansAdjustmentNetOfTaxPortionAttributableToParent`	$-9.00M	USD	1 Quarter
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$-101.00M	USD	1 Quarter
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$-121.00M	USD	3 Qtrs
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$72.00M	USD	1 Quarter
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$-132.00M	USD	3 Qtrs
Comprehensive Income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$1.76B	USD	3 Qtrs
Comprehensive Income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$1.33B	USD	3 Qtrs
Comprehensive Income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$559.00M	USD	1 Quarter
Comprehensive Income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$654.00M	USD	1 Quarter

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