10-K Filing

ILLINOIS TOOL WORKS INC CIK: 49826 FY 2021

Filing Information

Form Type	10-K
Accession Number	`0000049826-22-000006`
Period End Date	20211231
Filing Date	20220211
Fiscal Year	2021
Fiscal Period	FY
XBRL Instance	itw-20211231_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 70 Income Statement 36 Cash Flow Statement 119 Stockholders Equity 31 Comprehensive Income 15

Balance Sheet 70 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`	316.70M	shares	Point-in-time
Cash and equivalents	`CashAndCashEquivalentsAtCarryingValue`	$2.56B	USD	Point-in-time
Cash and equivalents	`CashAndCashEquivalentsAtCarryingValue`	$1.53B	USD	Point-in-time
Common stock outstanding (in shares)	`CommonStockSharesOutstanding`	312.90M	shares	Point-in-time
Trade receivables	`ReceivablesNetCurrent`	$2.84B	USD	Point-in-time
Trade receivables	`ReceivablesNetCurrent`	$2.51B	USD	Point-in-time
Inventories	`InventoryNet`	$1.19B	USD	Point-in-time
Inventories	`InventoryNet`	$1.69B	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$264.00M	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$313.00M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$6.37B	USD	Point-in-time
Total current assets	`AssetsCurrent`	$6.52B	USD	Point-in-time
Net plant and equipment	`PropertyPlantAndEquipmentNet`	$1.81B	USD	Point-in-time
Net plant and equipment	`PropertyPlantAndEquipmentNet`	$1.78B	USD	Point-in-time
Goodwill	`Goodwill`	$4.69B	USD	Point-in-time
Goodwill	`Goodwill`	$4.96B	USD	Point-in-time
Goodwill	`Goodwill`	$4.49B	USD	Point-in-time
Intangible assets	`IntangibleAssetsNetExcludingGoodwill`	$781.00M	USD	Point-in-time
Intangible assets	`IntangibleAssetsNetExcludingGoodwill`	$972.00M	USD	Point-in-time
Deferred income taxes	`DeferredIncomeTaxAssetsNet`	$533.00M	USD	Point-in-time
Deferred income taxes	`DeferredIncomeTaxAssetsNet`	$552.00M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$1.31B	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$1.41B	USD	Point-in-time
Total Assets	`Assets`	$15.07B	USD	Point-in-time
Total Assets	`Assets`	$15.61B	USD	Point-in-time
Total Assets	`Assets`	$16.08B	USD	Point-in-time
Short-term debt	`DebtCurrent`	$350.00M	USD	Point-in-time
Short-term debt	`DebtCurrent`	$778.00M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$585.00M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$534.00M	USD	Point-in-time
Accrued expenses	`AccruedLiabilitiesCurrent`	$1.65B	USD	Point-in-time
Accrued expenses	`AccruedLiabilitiesCurrent`	$1.28B	USD	Point-in-time
Cash dividends payable	`InterestAndDividendsPayableCurrent`	$361.00M	USD	Point-in-time
Cash dividends payable	`InterestAndDividendsPayableCurrent`	$382.00M	USD	Point-in-time
Income taxes payable	`AccruedIncomeTaxesCurrent`	$60.00M	USD	Point-in-time
Income taxes payable	`AccruedIncomeTaxesCurrent`	$77.00M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$3.47B	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$2.59B	USD	Point-in-time
Long-term debt	`LongTermDebtNoncurrent`	$6.91B	USD	Point-in-time
Long-term debt	`LongTermDebtNoncurrent`	$7.77B	USD	Point-in-time
Deferred income taxes	`DeferredIncomeTaxLiabilitiesNet`	$588.00M	USD	Point-in-time
Deferred income taxes	`DeferredIncomeTaxLiabilitiesNet`	$654.00M	USD	Point-in-time
Noncurrent income taxes payable	`AccruedIncomeTaxesNoncurrent`	$413.00M	USD	Point-in-time
Noncurrent income taxes payable	`AccruedIncomeTaxesNoncurrent`	$365.00M	USD	Point-in-time
Other liabilities	`OtherLiabilitiesNoncurrent`	$1.05B	USD	Point-in-time
Other liabilities	`OtherLiabilitiesNoncurrent`	$1.07B	USD	Point-in-time
Total noncurrent liabilities	`LiabilitiesNoncurrent`	$9.84B	USD	Point-in-time
Total noncurrent liabilities	`LiabilitiesNoncurrent`	$8.98B	USD	Point-in-time
Issued- 550.0 shares in 2021 and 2020 Outstanding- 312.9 shares in 2021 and 316.7 shares in 2020	`CommonStockValue`	$6.00M	USD	Point-in-time
Issued- 550.0 shares in 2021 and 2020 Outstanding- 312.9 shares in 2021 and 316.7 shares in 2020	`CommonStockValue`	$6.00M	USD	Point-in-time
Additional paid-in-capital	`AdditionalPaidInCapitalCommonStock`	$1.43B	USD	Point-in-time
Additional paid-in-capital	`AdditionalPaidInCapitalCommonStock`	$1.36B	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$23.11B	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$24.32B	USD	Point-in-time
Common stock held in treasury	`TreasuryStockValue`	$19.66B	USD	Point-in-time
Common stock held in treasury	`TreasuryStockValue`	$20.64B	USD	Point-in-time
Accumulated other comprehensive income (loss)	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-1.50B	USD	Point-in-time
Accumulated other comprehensive income (loss)	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-1.64B	USD	Point-in-time
Noncontrolling interest	`MinorityInterest`	$1.00M	USD	Point-in-time
Noncontrolling interest	`MinorityInterest`	$1.00M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$3.63B	USD	Point-in-time
Total stockholders' equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$3.26B	USD	Point-in-time
Total stockholders' equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$3.18B	USD	Point-in-time
Total stockholders' equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$3.03B	USD	Point-in-time
Total liabilities and stockholders' equity	`LiabilitiesAndStockholdersEquity`	$16.08B	USD	Point-in-time
Total liabilities and stockholders' equity	`LiabilitiesAndStockholdersEquity`	$15.61B	USD	Point-in-time

Income Statement 36 line items

Line Item	Tag	Value	Unit	Period
Operating Revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$14.46B	USD	Annual
Operating Revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$12.57B	USD	Annual
Operating Revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$14.11B	USD	Annual
Cost of revenue	`CostOfGoodsAndServicesSold`	$7.38B	USD	Annual
Cost of revenue	`CostOfGoodsAndServicesSold`	$8.19B	USD	Annual
Cost of revenue	`CostOfGoodsAndServicesSold`	$8.49B	USD	Annual
Selling, administrative, and research and development expenses	`SellingAdministrativeAndResearchAndDevelopmentExpenses`	$2.36B	USD	Annual
Selling, administrative, and research and development expenses	`SellingAdministrativeAndResearchAndDevelopmentExpenses`	$2.16B	USD	Annual
Selling, administrative, and research and development expenses	`SellingAdministrativeAndResearchAndDevelopmentExpenses`	$2.36B	USD	Annual
Amortization and impairment of intangible assets	`AmortizationandImpairmentofIntangibleAssets`	$154.00M	USD	Annual
Amortization and impairment of intangible assets	`AmortizationandImpairmentofIntangibleAssets`	$133.00M	USD	Annual
Amortization and impairment of intangible assets	`AmortizationandImpairmentofIntangibleAssets`	$159.00M	USD	Annual
Operating Income	`OperatingIncomeLoss`	$2.88B	USD	Annual
Operating Income	`OperatingIncomeLoss`	$3.40B	USD	Annual
Operating Income	`OperatingIncomeLoss`	$3.48B	USD	Annual
Interest expense	`InterestExpense`	$206.00M	USD	Annual
Interest expense	`InterestExpense`	$202.00M	USD	Annual
Interest expense	`InterestExpense`	$221.00M	USD	Annual
Other income (expense)	`OtherNonoperatingIncome`	$28.00M	USD	Annual
Other income (expense)	`OtherNonoperatingIncome`	$107.00M	USD	Annual
Other income (expense)	`OtherNonoperatingIncome`	$51.00M	USD	Annual
Income Before Taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$3.33B	USD	Annual
Income Before Taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$2.70B	USD	Annual
Income Before Taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$3.29B	USD	Annual
Income taxes	`IncomeTaxExpenseBenefit`	$767.00M	USD	Annual
Income taxes	`IncomeTaxExpenseBenefit`	$632.00M	USD	Annual
Income taxes	`IncomeTaxExpenseBenefit`	$595.00M	USD	Annual
Net Income	`ProfitLoss`	$2.52B	USD	Annual
Net Income	`ProfitLoss`	$2.11B	USD	Annual
Net Income	`ProfitLoss`	$2.69B	USD	Annual
Basic (in dollars per share)	`EarningsPerShareBasic`	$6.66	USD	Annual
Basic (in dollars per share)	`EarningsPerShareBasic`	$7.78	USD	Annual
Basic (in dollars per share)	`EarningsPerShareBasic`	$8.55	USD	Annual
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$7.74	USD	Annual
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$6.63	USD	Annual
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$8.51	USD	Annual

Cash Flow Statement 119 line items

Line Item	Tag	Value	Unit	Period
Net income	`ProfitLoss`	$2.52B	USD	Annual
Net income	`ProfitLoss`	$2.11B	USD	Annual
Net income	`ProfitLoss`	$2.69B	USD	Annual
Depreciation	`Depreciation`	$267.00M	USD	Annual
Depreciation	`Depreciation`	$273.00M	USD	Annual
Depreciation	`Depreciation`	$277.00M	USD	Annual
Amortization and impairment of intangible assets	`AmortizationandImpairmentofIntangibleAssets`	$154.00M	USD	Annual
Amortization and impairment of intangible assets	`AmortizationandImpairmentofIntangibleAssets`	$133.00M	USD	Annual
Amortization and impairment of intangible assets	`AmortizationandImpairmentofIntangibleAssets`	$159.00M	USD	Annual
Change in deferred income taxes	`IncreaseDecreaseInDeferredIncomeTaxes`	$148.00M	USD	Annual
Change in deferred income taxes	`IncreaseDecreaseInDeferredIncomeTaxes`	$-32.00M	USD	Annual
Change in deferred income taxes	`IncreaseDecreaseInDeferredIncomeTaxes`	$30.00M	USD	Annual
Provision for uncollectible accounts	`ProvisionForDoubtfulAccounts`	$3.00M	USD	Annual
Provision for uncollectible accounts	`ProvisionForDoubtfulAccounts`	$7.00M	USD	Annual
Provision for uncollectible accounts	`ProvisionForDoubtfulAccounts`	$6.00M	USD	Annual
(Income) loss from investments	`GainLossOnInvestments`	$8.00M	USD	Annual
(Income) loss from investments	`GainLossOnInvestments`	$15.00M	USD	Annual
(Income) loss from investments	`GainLossOnInvestments`	$29.00M	USD	Annual
(Gain) loss on sale of plant and equipment	`GainLossOnSaleOfPropertyPlantEquipment`	$-2.00M	USD	Annual
(Gain) loss on sale of plant and equipment	`GainLossOnSaleOfPropertyPlantEquipment`	$9.00M	USD	Annual
(Gain) loss on sale of plant and equipment	`GainLossOnSaleOfPropertyPlantEquipment`	-	USD	Annual
(Gain) loss on sale of operations and affiliates	`DisposalGroupNotDiscontinuedOperationGainLossOnDisposal`	-	USD	Annual
(Gain) loss on sale of operations and affiliates	`DisposalGroupNotDiscontinuedOperationGainLossOnDisposal`	$44.00M	USD	Annual
(Gain) loss on sale of operations and affiliates	`DisposalGroupNotDiscontinuedOperationGainLossOnDisposal`	-	USD	Annual
Stock-based compensation expense	`ShareBasedCompensation`	$42.00M	USD	Annual
Stock-based compensation expense	`ShareBasedCompensation`	$53.00M	USD	Annual
Stock-based compensation expense	`ShareBasedCompensation`	$41.00M	USD	Annual
Other non-cash items, net	`OtherOperatingActivitiesCashFlowStatement`	$13.00M	USD	Annual
Other non-cash items, net	`OtherOperatingActivitiesCashFlowStatement`	$8.00M	USD	Annual
Other non-cash items, net	`OtherOperatingActivitiesCashFlowStatement`	$9.00M	USD	Annual
Trade receivables	`IncreaseDecreaseInReceivables`	$240.00M	USD	Annual
Trade receivables	`IncreaseDecreaseInReceivables`	$-40.00M	USD	Annual
Trade receivables	`IncreaseDecreaseInReceivables`	$-95.00M	USD	Annual
Inventories	`IncreaseDecreaseInInventories`	$-98.00M	USD	Annual
Inventories	`IncreaseDecreaseInInventories`	$-43.00M	USD	Annual
Inventories	`IncreaseDecreaseInInventories`	$450.00M	USD	Annual
Prepaid expenses and other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$36.00M	USD	Annual
Prepaid expenses and other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$-11.00M	USD	Annual
Prepaid expenses and other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$-41.00M	USD	Annual
Accounts payable	`IncreaseDecreaseInAccountsPayableTrade`	$19.00M	USD	Annual
Accounts payable	`IncreaseDecreaseInAccountsPayableTrade`	$37.00M	USD	Annual
Accounts payable	`IncreaseDecreaseInAccountsPayableTrade`	$-16.00M	USD	Annual
Accrued expenses and other liabilities	`IncreaseDecreaseInOtherAccountsPayableAndAccruedLiabilities`	$202.00M	USD	Annual
Accrued expenses and other liabilities	`IncreaseDecreaseInOtherAccountsPayableAndAccruedLiabilities`	$-95.00M	USD	Annual
Accrued expenses and other liabilities	`IncreaseDecreaseInOtherAccountsPayableAndAccruedLiabilities`	$17.00M	USD	Annual
Income taxes	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	$-7.00M	USD	Annual
Income taxes	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	$34.00M	USD	Annual
Income taxes	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	$49.00M	USD	Annual
Other, net	`IncreaseDecreaseInOtherOperatingCapitalNet`	$-1.00M	USD	Annual
Other, net	`IncreaseDecreaseInOtherOperatingCapitalNet`	$1.00M	USD	Annual
Other, net	`IncreaseDecreaseInOtherOperatingCapitalNet`	$3.00M	USD	Annual
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$2.81B	USD	Annual
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$2.56B	USD	Annual
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$3.00B	USD	Annual
Acquisition of businesses (excluding cash and equivalents)	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$731.00M	USD	Annual
Acquisition of businesses (excluding cash and equivalents)	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$4.00M	USD	Annual
Acquisition of businesses (excluding cash and equivalents)	`PaymentsToAcquireBusinessesNetOfCashAcquired`	-	USD	Annual
Additions to plant and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$296.00M	USD	Annual
Additions to plant and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$236.00M	USD	Annual
Additions to plant and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$326.00M	USD	Annual
Proceeds from investments	`ProceedsFromSaleMaturityAndCollectionsOfInvestments`	$38.00M	USD	Annual
Proceeds from investments	`ProceedsFromSaleMaturityAndCollectionsOfInvestments`	$14.00M	USD	Annual
Proceeds from investments	`ProceedsFromSaleMaturityAndCollectionsOfInvestments`	$20.00M	USD	Annual
Proceeds from sale of plant and equipment	`ProceedsFromSaleOfPropertyPlantAndEquipment`	$25.00M	USD	Annual
Proceeds from sale of plant and equipment	`ProceedsFromSaleOfPropertyPlantAndEquipment`	$10.00M	USD	Annual
Proceeds from sale of plant and equipment	`ProceedsFromSaleOfPropertyPlantAndEquipment`	$8.00M	USD	Annual
Proceeds from sale of operations and affiliates	`ProceedsFromDivestitureOfBusinessesAndInterestsInAffiliates`	$1.00M	USD	Annual
Proceeds from sale of operations and affiliates	`ProceedsFromDivestitureOfBusinessesAndInterestsInAffiliates`	-	USD	Annual
Proceeds from sale of operations and affiliates	`ProceedsFromDivestitureOfBusinessesAndInterestsInAffiliates`	$120.00M	USD	Annual
Other, net	`PaymentsForProceedsFromOtherInvestingActivities`	$18.00M	USD	Annual
Other, net	`PaymentsForProceedsFromOtherInvestingActivities`	$3.00M	USD	Annual
Other, net	`PaymentsForProceedsFromOtherInvestingActivities`	$3.00M	USD	Annual
Net cash provided by (used for) investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-183.00M	USD	Annual
Net cash provided by (used for) investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-214.00M	USD	Annual
Net cash provided by (used for) investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-984.00M	USD	Annual
Cash dividends paid	`PaymentsOfDividendsCommonStock`	$1.46B	USD	Annual
Cash dividends paid	`PaymentsOfDividendsCommonStock`	$1.32B	USD	Annual
Cash dividends paid	`PaymentsOfDividendsCommonStock`	$1.38B	USD	Annual
Issuance of common stock	`ProceedsFromIssuanceOfCommonStock`	$50.00M	USD	Annual
Issuance of common stock	`ProceedsFromIssuanceOfCommonStock`	$85.00M	USD	Annual
Issuance of common stock	`ProceedsFromIssuanceOfCommonStock`	$66.00M	USD	Annual
Repurchases of common stock	`PaymentsForRepurchaseOfCommonStock`	$706.00M	USD	Annual
Repurchases of common stock	`PaymentsForRepurchaseOfCommonStock`	$1.50B	USD	Annual
Repurchases of common stock	`PaymentsForRepurchaseOfCommonStock`	$1.00B	USD	Annual
Net proceeds from (repayments of) debt with original maturities of three months or less	`ProceedsFromRepaymentsOfShortTermDebtMaturingInThreeMonthsOrLess`	$-1.00M	USD	Annual
Net proceeds from (repayments of) debt with original maturities of three months or less	`ProceedsFromRepaymentsOfShortTermDebtMaturingInThreeMonthsOrLess`	$120.00M	USD	Annual
Net proceeds from (repayments of) debt with original maturities of three months or less	`ProceedsFromRepaymentsOfShortTermDebtMaturingInThreeMonthsOrLess`	-	USD	Annual
Proceeds from debt with original maturities of more than three months	`ProceedsFromDebtMaturingInMoreThanThreeMonths`	-	USD	Annual
Proceeds from debt with original maturities of more than three months	`ProceedsFromDebtMaturingInMoreThanThreeMonths`	$1.77B	USD	Annual
Proceeds from debt with original maturities of more than three months	`ProceedsFromDebtMaturingInMoreThanThreeMonths`	$90.00M	USD	Annual
Repayments of debt with original maturities of more than three months	`RepaymentsOfDebtMaturingInMoreThanThreeMonths`	$351.00M	USD	Annual
Repayments of debt with original maturities of more than three months	`RepaymentsOfDebtMaturingInMoreThanThreeMonths`	$1.35B	USD	Annual
Repayments of debt with original maturities of more than three months	`RepaymentsOfDebtMaturingInMoreThanThreeMonths`	$4.00M	USD	Annual
Other, net	`ProceedsFromPaymentsForOtherFinancingActivities`	$-10.00M	USD	Annual
Other, net	`ProceedsFromPaymentsForOtherFinancingActivities`	$-26.00M	USD	Annual
Other, net	`ProceedsFromPaymentsForOtherFinancingActivities`	$-12.00M	USD	Annual
Net cash provided by (used for) financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-2.05B	USD	Annual
Net cash provided by (used for) financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-2.56B	USD	Annual
Net cash provided by (used for) financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-2.33B	USD	Annual
Effect of Exchange Rate Changes on Cash and Equivalents	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$39.00M	USD	Annual
Effect of Exchange Rate Changes on Cash and Equivalents	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$-46.00M	USD	Annual
Effect of Exchange Rate Changes on Cash and Equivalents	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$-9.00M	USD	Annual
Increase (decrease) during the year	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-1.04B	USD	Annual
Increase (decrease) during the year	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$583.00M	USD	Annual
Increase (decrease) during the year	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$477.00M	USD	Annual
Beginning of year	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$1.50B	USD	Point-in-time
Beginning of year	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$1.53B	USD	Point-in-time
Beginning of year	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$1.98B	USD	Point-in-time
Beginning of year	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$2.56B	USD	Point-in-time
End of year	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$1.50B	USD	Point-in-time
End of year	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$1.53B	USD	Point-in-time
End of year	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$1.98B	USD	Point-in-time
End of year	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$2.56B	USD	Point-in-time
Cash Paid During the Year for Interest	`InterestPaidNet`	$194.00M	USD	Annual
Cash Paid During the Year for Interest	`InterestPaidNet`	$223.00M	USD	Annual
Cash Paid During the Year for Interest	`InterestPaidNet`	$197.00M	USD	Annual
Cash Paid During the Year for Income Taxes, Net of Refunds	`IncomeTaxesPaidNet`	$731.00M	USD	Annual
Cash Paid During the Year for Income Taxes, Net of Refunds	`IncomeTaxesPaidNet`	$742.00M	USD	Annual
Cash Paid During the Year for Income Taxes, Net of Refunds	`IncomeTaxesPaidNet`	$591.00M	USD	Annual

Stockholders Equity 31 line items

Line Item	Tag	Value	Unit	Period
Dividends declared (in dollars per share)	`CommonStockDividendsPerShareDeclared`	$4.42	USD	Annual
Dividends declared (in dollars per share)	`CommonStockDividendsPerShareDeclared`	$4.72	USD	Annual
Dividends declared (in dollars per share)	`CommonStockDividendsPerShareDeclared`	$4.14	USD	Annual
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$3.63B	USD	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$3.26B	USD	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$3.18B	USD	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$3.03B	USD	Point-in-time
Net income	`ProfitLoss`	$2.52B	USD	Annual
Net income	`ProfitLoss`	$2.11B	USD	Annual
Net income	`ProfitLoss`	$2.69B	USD	Annual
Common stock issued for stock-based compensation	`StockIssuedDuringPeriodValueShareBasedCompensation`	$40.00M	USD	Annual
Common stock issued for stock-based compensation	`StockIssuedDuringPeriodValueShareBasedCompensation`	$74.00M	USD	Annual
Common stock issued for stock-based compensation	`StockIssuedDuringPeriodValueShareBasedCompensation`	$46.00M	USD	Annual
Stock-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$53.00M	USD	Annual
Stock-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$41.00M	USD	Annual
Stock-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$42.00M	USD	Annual
Repurchases of common stock	`TreasuryStockValueAcquiredCostMethod`	$706.00M	USD	Annual
Repurchases of common stock	`TreasuryStockValueAcquiredCostMethod`	$1.00B	USD	Annual
Repurchases of common stock	`TreasuryStockValueAcquiredCostMethod`	$1.50B	USD	Annual
Dividends declared	`DividendsCommonStockCash`	$1.40B	USD	Annual
Dividends declared	`DividendsCommonStockCash`	$1.48B	USD	Annual
Dividends declared	`DividendsCommonStockCash`	$1.33B	USD	Annual
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$140.00M	USD	Annual
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$-28.00M	USD	Annual
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$63.00M	USD	Annual
Noncontrolling interest	`MinorityInterestPeriodIncreaseDecrease`	$-4.00M	USD	Annual
Noncontrolling interest	`MinorityInterestPeriodIncreaseDecrease`	$-1.00M	USD	Annual
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$3.63B	USD	Point-in-time
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$3.26B	USD	Point-in-time
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$3.18B	USD	Point-in-time
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$3.03B	USD	Point-in-time

Comprehensive Income 15 line items

Line Item	Tag	Value	Unit	Period
Net income	`ProfitLoss`	$2.52B	USD	Annual
Net income	`ProfitLoss`	$2.11B	USD	Annual
Net income	`ProfitLoss`	$2.69B	USD	Annual
Foreign currency translation adjustments, net of tax	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$5.00M	USD	Annual
Foreign currency translation adjustments, net of tax	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$4.00M	USD	Annual
Foreign currency translation adjustments, net of tax	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-2.00M	USD	Annual
Pension and other postretirement benefit adjustments, net of tax	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax`	$26.00M	USD	Annual
Pension and other postretirement benefit adjustments, net of tax	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax`	$-135.00M	USD	Annual
Pension and other postretirement benefit adjustments, net of tax	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax`	$-59.00M	USD	Annual
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$140.00M	USD	Annual
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$-28.00M	USD	Annual
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$63.00M	USD	Annual
Comprehensive Income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$2.83B	USD	Annual
Comprehensive Income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$2.17B	USD	Annual
Comprehensive Income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$2.49B	USD	Annual

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