10-Q Filing

ILLINOIS TOOL WORKS INC CIK: 49826 Q3 2022

Filing Information

Form Type	10-Q
Accession Number	`0000049826-22-000060`
Period End Date	20220930
Filing Date	20221027
Fiscal Year	2022
Fiscal Period	Q3
XBRL Instance	itw-20220930_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 74 Income Statement 56 Cash Flow Statement 86 Stockholders Equity 38 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`	307.20M	shares	Point-in-time
Cash and equivalents	`CashAndCashEquivalentsAtCarryingValue`	$774.00M	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`	$3.03B	USD	Point-in-time
Inventories	`InventoryNet`	$2.01B	USD	Point-in-time
Inventories	`InventoryNet`	$1.69B	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$281.00M	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$313.00M	USD	Point-in-time
Assets held for sale	`AssetsOfDisposalGroupIncludingDiscontinuedOperationCurrent`	-	USD	Point-in-time
Assets held for sale	`AssetsOfDisposalGroupIncludingDiscontinuedOperationCurrent`	$103.00M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$6.37B	USD	Point-in-time
Total current assets	`AssetsCurrent`	$6.20B	USD	Point-in-time
Net plant and equipment	`PropertyPlantAndEquipmentNet`	$1.81B	USD	Point-in-time
Net plant and equipment	`PropertyPlantAndEquipmentNet`	$1.71B	USD	Point-in-time
Goodwill	`Goodwill`	$4.76B	USD	Point-in-time
Goodwill	`Goodwill`	$4.96B	USD	Point-in-time
Intangible assets	`IntangibleAssetsNetExcludingGoodwill`	$798.00M	USD	Point-in-time
Intangible assets	`IntangibleAssetsNetExcludingGoodwill`	$972.00M	USD	Point-in-time
Deferred income taxes	`DeferredIncomeTaxAssetsNet`	$448.00M	USD	Point-in-time
Deferred income taxes	`DeferredIncomeTaxAssetsNet`	$552.00M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$1.32B	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$1.41B	USD	Point-in-time
Total assets	`Assets`	$16.08B	USD	Point-in-time
Total assets	`Assets`	$15.23B	USD	Point-in-time
Short-term debt	`ShortTermBorrowings`	$1.69B	USD	Point-in-time
Short-term debt	`ShortTermBorrowings`	$778.00M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$618.00M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$585.00M	USD	Point-in-time
Accrued expenses	`AccruedLiabilitiesCurrent`	$1.56B	USD	Point-in-time
Accrued expenses	`AccruedLiabilitiesCurrent`	$1.65B	USD	Point-in-time
Cash dividends payable	`InterestAndDividendsPayableCurrent`	$402.00M	USD	Point-in-time
Cash dividends payable	`InterestAndDividendsPayableCurrent`	$382.00M	USD	Point-in-time
Income taxes payable	`AccruedIncomeTaxesCurrent`	$77.00M	USD	Point-in-time
Income taxes payable	`AccruedIncomeTaxesCurrent`	$97.00M	USD	Point-in-time
Liabilities held for sale	`LiabilitiesOfDisposalGroupIncludingDiscontinuedOperationCurrent`	-	USD	Point-in-time
Liabilities held for sale	`LiabilitiesOfDisposalGroupIncludingDiscontinuedOperationCurrent`	$28.00M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$3.47B	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$4.39B	USD	Point-in-time
Long-term debt	`LongTermDebtNoncurrent`	$6.91B	USD	Point-in-time
Long-term debt	`LongTermDebtNoncurrent`	$5.94B	USD	Point-in-time
Deferred income taxes	`DeferredIncomeTaxLiabilitiesNet`	$655.00M	USD	Point-in-time
Deferred income taxes	`DeferredIncomeTaxLiabilitiesNet`	$654.00M	USD	Point-in-time
Noncurrent income taxes payable	`AccruedIncomeTaxesNoncurrent`	$365.00M	USD	Point-in-time
Noncurrent income taxes payable	`AccruedIncomeTaxesNoncurrent`	$273.00M	USD	Point-in-time
Other liabilities	`OtherLiabilitiesNoncurrent`	$1.05B	USD	Point-in-time
Other liabilities	`OtherLiabilitiesNoncurrent`	$952.00M	USD	Point-in-time
Total noncurrent liabilities	`LiabilitiesNoncurrent`	$8.98B	USD	Point-in-time
Total noncurrent liabilities	`LiabilitiesNoncurrent`	$7.82B	USD	Point-in-time
Common stock (par value of $0.01 per share): Issued- 550.0 shares in 2022 and 2021 Outstanding- 307.2 shares in 2022 and 312.9 shares in 2021	`CommonStockValue`	$6.00M	USD	Point-in-time
Common stock (par value of $0.01 per share): Issued- 550.0 shares in 2022 and 2021 Outstanding- 307.2 shares in 2022 and 312.9 shares in 2021	`CommonStockValue`	$6.00M	USD	Point-in-time
Additional paid-in-capital	`AdditionalPaidInCapitalCommonStock`	$1.48B	USD	Point-in-time
Additional paid-in-capital	`AdditionalPaidInCapitalCommonStock`	$1.43B	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$24.32B	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$25.29B	USD	Point-in-time
Common stock held in treasury	`TreasuryStockCommonValue`	$21.88B	USD	Point-in-time
Common stock held in treasury	`TreasuryStockCommonValue`	$20.64B	USD	Point-in-time
Accumulated other comprehensive income (loss)	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-1.88B	USD	Point-in-time
Accumulated other comprehensive income (loss)	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-1.50B	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`	$3.49B	USD	Point-in-time
Total stockholders' equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$3.01B	USD	Point-in-time
Total stockholders' equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$3.38B	USD	Point-in-time
Total stockholders' equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$3.52B	USD	Point-in-time
Total stockholders' equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$3.18B	USD	Point-in-time
Total stockholders' equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$3.63B	USD	Point-in-time
Total liabilities and stockholders' equity	`LiabilitiesAndStockholdersEquity`	$15.23B	USD	Point-in-time
Total liabilities and stockholders' equity	`LiabilitiesAndStockholdersEquity`	$16.08B	USD	Point-in-time

Income Statement 56 line items

Line Item	Tag	Value	Unit	Period
Operating Revenue	`RevenueFromContractWithCustomerIncludingAssessedTax`	$11.96B	USD	3 Qtrs
Operating Revenue	`RevenueFromContractWithCustomerIncludingAssessedTax`	$4.01B	USD	1 Quarter
Operating Revenue	`RevenueFromContractWithCustomerIncludingAssessedTax`	$10.78B	USD	3 Qtrs
Operating Revenue	`RevenueFromContractWithCustomerIncludingAssessedTax`	$3.56B	USD	1 Quarter
Cost of revenue	`CostOfGoodsAndServicesSold`	$6.30B	USD	3 Qtrs
Cost of revenue	`CostOfGoodsAndServicesSold`	$2.37B	USD	1 Quarter
Cost of revenue	`CostOfGoodsAndServicesSold`	$2.10B	USD	1 Quarter
Cost of revenue	`CostOfGoodsAndServicesSold`	$7.12B	USD	3 Qtrs
Selling, administrative, and research and development expenses	`SellingAdministrativeAndResearchAndDevelopmentExpenses`	$1.74B	USD	3 Qtrs
Selling, administrative, and research and development expenses	`SellingAdministrativeAndResearchAndDevelopmentExpenses`	$1.94B	USD	3 Qtrs
Selling, administrative, and research and development expenses	`SellingAdministrativeAndResearchAndDevelopmentExpenses`	$581.00M	USD	1 Quarter
Selling, administrative, and research and development expenses	`SellingAdministrativeAndResearchAndDevelopmentExpenses`	$624.00M	USD	1 Quarter
Amortization and impairment of intangible assets	`AmortizationandImpairmentofIntangibleAssets`	$100.00M	USD	3 Qtrs
Amortization and impairment of intangible assets	`AmortizationandImpairmentofIntangibleAssets`	$34.00M	USD	1 Quarter
Amortization and impairment of intangible assets	`AmortizationandImpairmentofIntangibleAssets`	$102.00M	USD	3 Qtrs
Amortization and impairment of intangible assets	`AmortizationandImpairmentofIntangibleAssets`	$33.00M	USD	1 Quarter
Operating Income	`OperatingIncomeLoss`	$983.00M	USD	1 Quarter
Operating Income	`OperatingIncomeLoss`	$845.00M	USD	1 Quarter
Operating Income	`OperatingIncomeLoss`	$2.80B	USD	3 Qtrs
Operating Income	`OperatingIncomeLoss`	$2.64B	USD	3 Qtrs
Interest expense	`InterestExpense`	$49.00M	USD	1 Quarter
Interest expense	`InterestExpense`	$147.00M	USD	3 Qtrs
Interest expense	`InterestExpense`	$153.00M	USD	3 Qtrs
Interest expense	`InterestExpense`	$52.00M	USD	1 Quarter
Other income (expense)	`OtherNonoperatingIncome`	$44.00M	USD	3 Qtrs
Other income (expense)	`OtherNonoperatingIncome`	$64.00M	USD	3 Qtrs
Other income (expense)	`OtherNonoperatingIncome`	$26.00M	USD	1 Quarter
Other income (expense)	`OtherNonoperatingIncome`	$10.00M	USD	1 Quarter
Income Before Taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$806.00M	USD	1 Quarter
Income Before Taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$2.72B	USD	3 Qtrs
Income Before Taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$957.00M	USD	1 Quarter
Income Before Taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$2.53B	USD	3 Qtrs
Income Taxes	`IncomeTaxExpenseBenefit`	$230.00M	USD	1 Quarter
Income Taxes	`IncomeTaxExpenseBenefit`	$594.00M	USD	3 Qtrs
Income Taxes	`IncomeTaxExpenseBenefit`	$167.00M	USD	1 Quarter
Income Taxes	`IncomeTaxExpenseBenefit`	$449.00M	USD	3 Qtrs
Net Income	`ProfitLoss`	$2.13B	USD	3 Qtrs
Net Income	`ProfitLoss`	$727.00M	USD	1 Quarter
Net Income	`ProfitLoss`	$2.08B	USD	3 Qtrs
Net Income	`ProfitLoss`	$639.00M	USD	1 Quarter
Basic (in dollars per share)	`EarningsPerShareBasic`	$6.85	USD	3 Qtrs
Basic (in dollars per share)	`EarningsPerShareBasic`	$2.03	USD	1 Quarter
Basic (in dollars per share)	`EarningsPerShareBasic`	$2.36	USD	1 Quarter
Basic (in dollars per share)	`EarningsPerShareBasic`	$6.61	USD	3 Qtrs
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$6.83	USD	3 Qtrs
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$2.35	USD	1 Quarter
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$6.58	USD	3 Qtrs
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$2.02	USD	1 Quarter
Average (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	314.60M	shares	1 Quarter
Average (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	315.60M	shares	3 Qtrs
Average (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	310.60M	shares	3 Qtrs
Average (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	308.80M	shares	1 Quarter
Average assuming dilution (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	315.90M	shares	1 Quarter
Average assuming dilution (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	316.90M	shares	3 Qtrs
Average assuming dilution (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	311.60M	shares	3 Qtrs
Average assuming dilution (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	309.70M	shares	1 Quarter

Cash Flow Statement 86 line items

Line Item	Tag	Value	Unit	Period
Net Income	`ProfitLoss`	$2.13B	USD	3 Qtrs
Net Income	`ProfitLoss`	$727.00M	USD	1 Quarter
Net Income	`ProfitLoss`	$2.08B	USD	3 Qtrs
Net Income	`ProfitLoss`	$639.00M	USD	1 Quarter
Depreciation	`Depreciation`	$209.00M	USD	3 Qtrs
Depreciation	`Depreciation`	$206.00M	USD	3 Qtrs
Amortization and impairment of intangible assets	`AmortizationandImpairmentofIntangibleAssets`	$100.00M	USD	3 Qtrs
Amortization and impairment of intangible assets	`AmortizationandImpairmentofIntangibleAssets`	$34.00M	USD	1 Quarter
Amortization and impairment of intangible assets	`AmortizationandImpairmentofIntangibleAssets`	$102.00M	USD	3 Qtrs
Amortization and impairment of intangible assets	`AmortizationandImpairmentofIntangibleAssets`	$33.00M	USD	1 Quarter
Change in deferred income taxes	`IncreaseDecreaseInDeferredIncomeTaxes`	$72.00M	USD	3 Qtrs
Change in deferred income taxes	`IncreaseDecreaseInDeferredIncomeTaxes`	$79.00M	USD	3 Qtrs
Provision for uncollectible accounts	`ProvisionForDoubtfulAccounts`	-	USD	3 Qtrs
Provision for uncollectible accounts	`ProvisionForDoubtfulAccounts`	$4.00M	USD	3 Qtrs
(Income) loss from investments	`GainLossOnInvestments`	$8.00M	USD	3 Qtrs
(Income) loss from investments	`GainLossOnInvestments`	$28.00M	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`	-	USD	3 Qtrs
(Gain) loss on sale of operations and affiliates	`DisposalGroupNotDiscontinuedOperationGainLossOnDisposal`	$1.00M	USD	3 Qtrs
(Gain) loss on sale of operations and affiliates	`DisposalGroupNotDiscontinuedOperationGainLossOnDisposal`	-	USD	3 Qtrs
Stock-based compensation expense	`ShareBasedCompensation`	$41.00M	USD	3 Qtrs
Stock-based compensation expense	`ShareBasedCompensation`	$48.00M	USD	3 Qtrs
Other non-cash items, net	`OtherOperatingActivitiesCashFlowStatement`	$1.00M	USD	3 Qtrs
Other non-cash items, net	`OtherOperatingActivitiesCashFlowStatement`	$8.00M	USD	3 Qtrs
Trade receivables	`IncreaseDecreaseInReceivables`	$270.00M	USD	3 Qtrs
Trade receivables	`IncreaseDecreaseInReceivables`	$417.00M	USD	3 Qtrs
Inventories	`IncreaseDecreaseInInventories`	$365.00M	USD	3 Qtrs
Inventories	`IncreaseDecreaseInInventories`	$477.00M	USD	3 Qtrs
Prepaid expenses and other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$63.00M	USD	3 Qtrs
Prepaid expenses and other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$-27.00M	USD	3 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayableTrade`	$44.00M	USD	3 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayableTrade`	$84.00M	USD	3 Qtrs
Accrued expenses and other liabilities	`IncreaseDecreaseInOtherAccountsPayableAndAccruedLiabilities`	$14.00M	USD	3 Qtrs
Accrued expenses and other liabilities	`IncreaseDecreaseInOtherAccountsPayableAndAccruedLiabilities`	$133.00M	USD	3 Qtrs
Income taxes	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	$-30.00M	USD	3 Qtrs
Income taxes	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	$-102.00M	USD	3 Qtrs
Other, net	`IncreaseDecreaseInOtherOperatingCapitalNet`	$-1.00M	USD	3 Qtrs
Other, net	`IncreaseDecreaseInOtherOperatingCapitalNet`	$1.00M	USD	3 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$1.78B	USD	3 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$1.54B	USD	3 Qtrs
Acquisition of businesses (excluding cash and equivalents)	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$2.00M	USD	3 Qtrs
Acquisition of businesses (excluding cash and equivalents)	`PaymentsToAcquireBusinessesNetOfCashAcquired`	-	USD	3 Qtrs
Additions to plant and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$217.00M	USD	3 Qtrs
Additions to plant and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$256.00M	USD	3 Qtrs
Proceeds from investments	`ProceedsFromSaleMaturityAndCollectionsOfInvestments`	$37.00M	USD	3 Qtrs
Proceeds from investments	`ProceedsFromSaleMaturityAndCollectionsOfInvestments`	$12.00M	USD	3 Qtrs
Proceeds from sale of plant and equipment	`ProceedsFromSaleOfPropertyPlantAndEquipment`	$6.00M	USD	3 Qtrs
Proceeds from sale of plant and equipment	`ProceedsFromSaleOfPropertyPlantAndEquipment`	$8.00M	USD	3 Qtrs
Proceeds from sales of operations and affiliates	`ProceedsFromDivestitureOfBusinessesAndInterestsInAffiliates`	$3.00M	USD	3 Qtrs
Proceeds from sales of operations and affiliates	`ProceedsFromDivestitureOfBusinessesAndInterestsInAffiliates`	-	USD	3 Qtrs
Other, net	`PaymentsForProceedsFromOtherInvestingActivities`	$2.00M	USD	3 Qtrs
Other, net	`PaymentsForProceedsFromOtherInvestingActivities`	$2.00M	USD	3 Qtrs
Net cash provided by (used for) investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-237.00M	USD	3 Qtrs
Net cash provided by (used for) investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-176.00M	USD	3 Qtrs
Cash dividends paid	`PaymentsOfDividendsCommonStock`	$1.08B	USD	3 Qtrs
Cash dividends paid	`PaymentsOfDividendsCommonStock`	$1.14B	USD	3 Qtrs
Issuance of common stock	`ProceedsFromIssuanceOfCommonStock`	$42.00M	USD	3 Qtrs
Issuance of common stock	`ProceedsFromIssuanceOfCommonStock`	$17.00M	USD	3 Qtrs
Repurchases of common stock	`PaymentsForRepurchaseOfCommonStock`	$750.00M	USD	3 Qtrs
Repurchases of common stock	`PaymentsForRepurchaseOfCommonStock`	$1.25B	USD	3 Qtrs
Net proceeds from (repayments of) debt with original maturities of three months or less	`ProceedsFromRepaymentsOfShortTermDebtMaturingInThreeMonthsOrLess`	$1.00M	USD	3 Qtrs
Net proceeds from (repayments of) debt with original maturities of three months or less	`ProceedsFromRepaymentsOfShortTermDebtMaturingInThreeMonthsOrLess`	$1.08B	USD	3 Qtrs
Proceeds from debt with original maturities of more than three months	`ProceedsFromDebtMaturingInMoreThanThreeMonths`	$454.00M	USD	3 Qtrs
Proceeds from debt with original maturities of more than three months	`ProceedsFromDebtMaturingInMoreThanThreeMonths`	-	USD	3 Qtrs
Repayments of debt with original maturities of more than three months	`RepaymentsOfDebtMaturingInMoreThanThreeMonths`	$1.11B	USD	3 Qtrs
Repayments of debt with original maturities of more than three months	`RepaymentsOfDebtMaturingInMoreThanThreeMonths`	$350.00M	USD	3 Qtrs
Other, net	`ProceedsFromPaymentsForOtherFinancingActivities`	$-10.00M	USD	3 Qtrs
Other, net	`ProceedsFromPaymentsForOtherFinancingActivities`	$-15.00M	USD	3 Qtrs
Net cash provided by (used for) financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-2.15B	USD	3 Qtrs
Net cash provided by (used for) financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-1.97B	USD	3 Qtrs
Effect of Exchange Rate Changes on Cash and Equivalents	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$-88.00M	USD	3 Qtrs
Effect of Exchange Rate Changes on Cash and Equivalents	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$-37.00M	USD	3 Qtrs
Increase (decrease) during the period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-577.00M	USD	3 Qtrs
Increase (decrease) during the period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-753.00M	USD	3 Qtrs
Beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$774.00M	USD	Point-in-time
Beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$2.56B	USD	Point-in-time
Beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$1.53B	USD	Point-in-time
Beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$1.99B	USD	Point-in-time
End of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$774.00M	USD	Point-in-time
End of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$2.56B	USD	Point-in-time
End of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$1.53B	USD	Point-in-time
End of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$1.99B	USD	Point-in-time
Cash Paid During the Period for Interest	`InterestPaidNet`	$170.00M	USD	3 Qtrs
Cash Paid During the Period for Interest	`InterestPaidNet`	$178.00M	USD	3 Qtrs
Cash Paid During the Period for Income Taxes, Net of Refunds	`IncomeTaxesPaidNet`	$768.00M	USD	3 Qtrs
Cash Paid During the Period for Income Taxes, Net of Refunds	`IncomeTaxesPaidNet`	$558.00M	USD	3 Qtrs

Stockholders Equity 38 line items

Line Item	Tag	Value	Unit	Period
Dividends declared (in dollars per share)	`CommonStockDividendsPerShareDeclared`	$3.50	USD	3 Qtrs
Dividends declared (in dollars per share)	`CommonStockDividendsPerShareDeclared`	$1.31	USD	1 Quarter
Dividends declared (in dollars per share)	`CommonStockDividendsPerShareDeclared`	$1.22	USD	1 Quarter
Dividends declared (in dollars per share)	`CommonStockDividendsPerShareDeclared`	$3.75	USD	3 Qtrs
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$3.49B	USD	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$3.01B	USD	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$3.38B	USD	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$3.52B	USD	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$3.18B	USD	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$3.63B	USD	Point-in-time
Net income	`ProfitLoss`	$2.13B	USD	3 Qtrs
Net income	`ProfitLoss`	$727.00M	USD	1 Quarter
Net income	`ProfitLoss`	$2.08B	USD	3 Qtrs
Net income	`ProfitLoss`	$639.00M	USD	1 Quarter
Common stock issued for stock-based compensation	`StockIssuedDuringPeriodValueShareBasedCompensation`	$32.00M	USD	3 Qtrs
Common stock issued for stock-based compensation	`StockIssuedDuringPeriodValueShareBasedCompensation`	$3.00M	USD	3 Qtrs
Stock-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$15.00M	USD	1 Quarter
Stock-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$41.00M	USD	3 Qtrs
Stock-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$48.00M	USD	3 Qtrs
Stock-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$14.00M	USD	1 Quarter
Repurchases of common stock	`TreasuryStockValueAcquiredCostMethod`	$750.00M	USD	3 Qtrs
Repurchases of common stock	`TreasuryStockValueAcquiredCostMethod`	$1.25B	USD	3 Qtrs
Repurchases of common stock	`TreasuryStockValueAcquiredCostMethod`	$500.00M	USD	1 Quarter
Repurchases of common stock	`TreasuryStockValueAcquiredCostMethod`	$250.00M	USD	1 Quarter
Dividends declared	`DividendsCommonStockCash`	$1.16B	USD	3 Qtrs
Dividends declared	`DividendsCommonStockCash`	$383.00M	USD	1 Quarter
Dividends declared	`DividendsCommonStockCash`	$402.00M	USD	1 Quarter
Dividends declared	`DividendsCommonStockCash`	$1.10B	USD	3 Qtrs
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$-380.00M	USD	3 Qtrs
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$-205.00M	USD	1 Quarter
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$4.00M	USD	3 Qtrs
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$-48.00M	USD	1 Quarter
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$3.49B	USD	Point-in-time
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$3.01B	USD	Point-in-time
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$3.38B	USD	Point-in-time
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$3.52B	USD	Point-in-time
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$3.18B	USD	Point-in-time
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$3.63B	USD	Point-in-time

Comprehensive Income 20 line items

Line Item	Tag	Value	Unit	Period
Net Income	`ProfitLoss`	$2.13B	USD	3 Qtrs
Net Income	`ProfitLoss`	$727.00M	USD	1 Quarter
Net Income	`ProfitLoss`	$2.08B	USD	3 Qtrs
Net Income	`ProfitLoss`	$639.00M	USD	1 Quarter
Foreign currency translation adjustments, net of tax	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-29.00M	USD	3 Qtrs
Foreign currency translation adjustments, net of tax	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-210.00M	USD	1 Quarter
Foreign currency translation adjustments, net of tax	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-59.00M	USD	1 Quarter
Foreign currency translation adjustments, net of tax	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-394.00M	USD	3 Qtrs
Pension and other postretirement benefit adjustments, net of tax	`OtherComprehensiveIncomeDefinedBenefitPlansAdjustmentNetOfTaxPortionAttributableToParent`	$-11.00M	USD	1 Quarter
Pension and other postretirement benefit adjustments, net of tax	`OtherComprehensiveIncomeDefinedBenefitPlansAdjustmentNetOfTaxPortionAttributableToParent`	$-14.00M	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`	$-5.00M	USD	1 Quarter
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$-380.00M	USD	3 Qtrs
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$-205.00M	USD	1 Quarter
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$4.00M	USD	3 Qtrs
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$-48.00M	USD	1 Quarter
Comprehensive Income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$1.75B	USD	3 Qtrs
Comprehensive Income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$522.00M	USD	1 Quarter
Comprehensive Income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$591.00M	USD	1 Quarter
Comprehensive Income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$2.09B	USD	3 Qtrs

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