10-Q Filing

ILLINOIS TOOL WORKS INC CIK: 49826 Q3 2023

Filing Information

Form Type	10-Q
Accession Number	`0000049826-23-000052`
Period End Date	20230930
Filing Date	20231024
Fiscal Year	2023
Fiscal Period	Q3
XBRL Instance	itw-20230930_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 74 Income Statement 56 Cash Flow Statement 86 Stockholders Equity 41 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`	300.90M	shares	Point-in-time
Cash and equivalents	`CashAndCashEquivalentsAtCarryingValue`	$708.00M	USD	Point-in-time
Cash and equivalents	`CashAndCashEquivalentsAtCarryingValue`	$990.00M	USD	Point-in-time
Common stock, outstanding (in shares)	`CommonStockSharesOutstanding`	305.00M	shares	Point-in-time
Trade receivables	`ReceivablesNetCurrent`	$3.17B	USD	Point-in-time
Trade receivables	`ReceivablesNetCurrent`	$3.16B	USD	Point-in-time
Inventories	`InventoryNet`	$2.05B	USD	Point-in-time
Inventories	`InventoryNet`	$1.80B	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$336.00M	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$329.00M	USD	Point-in-time
Assets held for sale	`AssetsOfDisposalGroupIncludingDiscontinuedOperationCurrent`	-	USD	Point-in-time
Assets held for sale	`AssetsOfDisposalGroupIncludingDiscontinuedOperationCurrent`	$8.00M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$6.29B	USD	Point-in-time
Total current assets	`AssetsCurrent`	$6.27B	USD	Point-in-time
Net plant and equipment	`PropertyPlantAndEquipmentNet`	$1.85B	USD	Point-in-time
Net plant and equipment	`PropertyPlantAndEquipmentNet`	$1.90B	USD	Point-in-time
Goodwill	`Goodwill`	$4.86B	USD	Point-in-time
Goodwill	`Goodwill`	$4.83B	USD	Point-in-time
Intangible assets	`IntangibleAssetsNetExcludingGoodwill`	$682.00M	USD	Point-in-time
Intangible assets	`IntangibleAssetsNetExcludingGoodwill`	$768.00M	USD	Point-in-time
Deferred income taxes	`DeferredIncomeTaxAssetsNet`	$455.00M	USD	Point-in-time
Deferred income taxes	`DeferredIncomeTaxAssetsNet`	$494.00M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$1.18B	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$1.24B	USD	Point-in-time
Total assets	`Assets`	$15.42B	USD	Point-in-time
Total assets	`Assets`	$15.39B	USD	Point-in-time
Short-term debt	`DebtCurrent`	$1.59B	USD	Point-in-time
Short-term debt	`DebtCurrent`	$1.25B	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$594.00M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$580.00M	USD	Point-in-time
Accrued expenses	`AccruedLiabilitiesCurrent`	$1.59B	USD	Point-in-time
Accrued expenses	`AccruedLiabilitiesCurrent`	$1.73B	USD	Point-in-time
Cash dividends payable	`InterestAndDividendsPayableCurrent`	$400.00M	USD	Point-in-time
Cash dividends payable	`InterestAndDividendsPayableCurrent`	$421.00M	USD	Point-in-time
Income taxes payable	`AccruedIncomeTaxesCurrent`	$145.00M	USD	Point-in-time
Income taxes payable	`AccruedIncomeTaxesCurrent`	$147.00M	USD	Point-in-time
Liabilities held for sale	`LiabilitiesOfDisposalGroupIncludingDiscontinuedOperationCurrent`	-	USD	Point-in-time
Liabilities held for sale	`LiabilitiesOfDisposalGroupIncludingDiscontinuedOperationCurrent`	$1.00M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$4.46B	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$3.98B	USD	Point-in-time
Long-term debt	`LongTermDebtNoncurrent`	$6.82B	USD	Point-in-time
Long-term debt	`LongTermDebtNoncurrent`	$6.17B	USD	Point-in-time
Deferred income taxes	`DeferredIncomeTaxLiabilitiesNet`	$484.00M	USD	Point-in-time
Deferred income taxes	`DeferredIncomeTaxLiabilitiesNet`	$464.00M	USD	Point-in-time
Noncurrent income taxes payable	`AccruedIncomeTaxesNoncurrent`	$273.00M	USD	Point-in-time
Noncurrent income taxes payable	`AccruedIncomeTaxesNoncurrent`	$151.00M	USD	Point-in-time
Other liabilities	`OtherLiabilitiesNoncurrent`	$976.00M	USD	Point-in-time
Other liabilities	`OtherLiabilitiesNoncurrent`	$943.00M	USD	Point-in-time
Total noncurrent liabilities	`LiabilitiesNoncurrent`	$7.87B	USD	Point-in-time
Total noncurrent liabilities	`LiabilitiesNoncurrent`	$8.41B	USD	Point-in-time
Common stock (par value of $0.01 per share): Issued- 550.0 shares in 2023 and 2022 Outstanding- 300.9 shares in 2023 and 305.0 shares in 2022	`CommonStockValue`	$6.00M	USD	Point-in-time
Common stock (par value of $0.01 per share): Issued- 550.0 shares in 2023 and 2022 Outstanding- 300.9 shares in 2023 and 305.0 shares in 2022	`CommonStockValue`	$6.00M	USD	Point-in-time
Additional paid-in-capital	`AdditionalPaidInCapitalCommonStock`	$1.50B	USD	Point-in-time
Additional paid-in-capital	`AdditionalPaidInCapitalCommonStock`	$1.57B	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$26.82B	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$25.80B	USD	Point-in-time
Common stock held in treasury	`TreasuryStockCommonValue`	$22.38B	USD	Point-in-time
Common stock held in treasury	`TreasuryStockCommonValue`	$23.49B	USD	Point-in-time
Accumulated other comprehensive income (loss)	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-1.84B	USD	Point-in-time
Accumulated other comprehensive income (loss)	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-1.90B	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`	$3.09B	USD	Point-in-time
Total stockholders' equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$3.01B	USD	Point-in-time
Total stockholders' equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$3.00B	USD	Point-in-time
Total stockholders' equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$3.38B	USD	Point-in-time
Total stockholders' equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$3.09B	USD	Point-in-time
Total stockholders' equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$3.63B	USD	Point-in-time
Total liabilities and stockholders' equity	`LiabilitiesAndStockholdersEquity`	$15.39B	USD	Point-in-time
Total liabilities and stockholders' equity	`LiabilitiesAndStockholdersEquity`	$15.42B	USD	Point-in-time

Income Statement 56 line items

Line Item	Tag	Value	Unit	Period
Operating Revenue	`RevenueFromContractWithCustomerIncludingAssessedTax`	$12.12B	USD	3 Qtrs
Operating Revenue	`RevenueFromContractWithCustomerIncludingAssessedTax`	$11.96B	USD	3 Qtrs
Operating Revenue	`RevenueFromContractWithCustomerIncludingAssessedTax`	$4.01B	USD	1 Quarter
Operating Revenue	`RevenueFromContractWithCustomerIncludingAssessedTax`	$4.03B	USD	1 Quarter
Cost of revenue	`CostOfGoodsAndServicesSold`	$2.37B	USD	1 Quarter
Cost of revenue	`CostOfGoodsAndServicesSold`	$7.12B	USD	3 Qtrs
Cost of revenue	`CostOfGoodsAndServicesSold`	$2.32B	USD	1 Quarter
Cost of revenue	`CostOfGoodsAndServicesSold`	$7.00B	USD	3 Qtrs
Selling, administrative, and research and development expenses	`SellingAdministrativeAndResearchAndDevelopmentExpenses`	$615.00M	USD	1 Quarter
Selling, administrative, and research and development expenses	`SellingAdministrativeAndResearchAndDevelopmentExpenses`	$1.94B	USD	3 Qtrs
Selling, administrative, and research and development expenses	`SellingAdministrativeAndResearchAndDevelopmentExpenses`	$1.98B	USD	3 Qtrs
Selling, administrative, and research and development expenses	`SellingAdministrativeAndResearchAndDevelopmentExpenses`	$624.00M	USD	1 Quarter
Amortization and impairment of intangible assets	`AmortizationandImpairmentofIntangibleAssets`	$88.00M	USD	3 Qtrs
Amortization and impairment of intangible assets	`AmortizationandImpairmentofIntangibleAssets`	$33.00M	USD	1 Quarter
Amortization and impairment of intangible assets	`AmortizationandImpairmentofIntangibleAssets`	$27.00M	USD	1 Quarter
Amortization and impairment of intangible assets	`AmortizationandImpairmentofIntangibleAssets`	$102.00M	USD	3 Qtrs
Operating Income	`OperatingIncomeLoss`	$3.05B	USD	3 Qtrs
Operating Income	`OperatingIncomeLoss`	$983.00M	USD	1 Quarter
Operating Income	`OperatingIncomeLoss`	$2.80B	USD	3 Qtrs
Operating Income	`OperatingIncomeLoss`	$1.07B	USD	1 Quarter
Interest expense	`InterestExpense`	$52.00M	USD	1 Quarter
Interest expense	`InterestExpense`	$67.00M	USD	1 Quarter
Interest expense	`InterestExpense`	$196.00M	USD	3 Qtrs
Interest expense	`InterestExpense`	$147.00M	USD	3 Qtrs
Other income (expense)	`OtherNonoperatingIncome`	$10.00M	USD	1 Quarter
Other income (expense)	`OtherNonoperatingIncome`	$40.00M	USD	3 Qtrs
Other income (expense)	`OtherNonoperatingIncome`	$26.00M	USD	1 Quarter
Other income (expense)	`OtherNonoperatingIncome`	$64.00M	USD	3 Qtrs
Income Before Taxes	`IncomeLossIncludingPortionAttributableToNoncontrollingInterest`	$1.01B	USD	1 Quarter
Income Before Taxes	`IncomeLossIncludingPortionAttributableToNoncontrollingInterest`	$2.72B	USD	3 Qtrs
Income Before Taxes	`IncomeLossIncludingPortionAttributableToNoncontrollingInterest`	$2.90B	USD	3 Qtrs
Income Before Taxes	`IncomeLossIncludingPortionAttributableToNoncontrollingInterest`	$957.00M	USD	1 Quarter
Income Taxes	`IncomeTaxExpenseBenefit`	$230.00M	USD	1 Quarter
Income Taxes	`IncomeTaxExpenseBenefit`	$594.00M	USD	3 Qtrs
Income Taxes	`IncomeTaxExpenseBenefit`	$656.00M	USD	3 Qtrs
Income Taxes	`IncomeTaxExpenseBenefit`	$241.00M	USD	1 Quarter
Net Income	`ProfitLoss`	$2.13B	USD	3 Qtrs
Net Income	`ProfitLoss`	$727.00M	USD	1 Quarter
Net Income	`ProfitLoss`	$2.24B	USD	3 Qtrs
Net Income	`ProfitLoss`	$772.00M	USD	1 Quarter
Basic (in dollars per share)	`EarningsPerShareBasic`	$2.36	USD	1 Quarter
Basic (in dollars per share)	`EarningsPerShareBasic`	$2.55	USD	1 Quarter
Basic (in dollars per share)	`EarningsPerShareBasic`	$7.38	USD	3 Qtrs
Basic (in dollars per share)	`EarningsPerShareBasic`	$6.85	USD	3 Qtrs
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$2.55	USD	1 Quarter
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$2.35	USD	1 Quarter
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$7.36	USD	3 Qtrs
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$6.83	USD	3 Qtrs
Average (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	301.90M	shares	1 Quarter
Average (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	310.60M	shares	3 Qtrs
Average (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	308.80M	shares	1 Quarter
Average (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	303.40M	shares	3 Qtrs
Average assuming dilution (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	304.50M	shares	3 Qtrs
Average assuming dilution (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	311.60M	shares	3 Qtrs
Average assuming dilution (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	303.00M	shares	1 Quarter
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`	$2.24B	USD	3 Qtrs
Net Income	`ProfitLoss`	$772.00M	USD	1 Quarter
Depreciation	`Depreciation`	$208.00M	USD	3 Qtrs
Depreciation	`Depreciation`	$209.00M	USD	3 Qtrs
Amortization and impairment of intangible assets	`AmortizationandImpairmentofIntangibleAssets`	$88.00M	USD	3 Qtrs
Amortization and impairment of intangible assets	`AmortizationandImpairmentofIntangibleAssets`	$33.00M	USD	1 Quarter
Amortization and impairment of intangible assets	`AmortizationandImpairmentofIntangibleAssets`	$27.00M	USD	1 Quarter
Amortization and impairment of intangible assets	`AmortizationandImpairmentofIntangibleAssets`	$102.00M	USD	3 Qtrs
Change in deferred income taxes	`IncreaseDecreaseInDeferredIncomeTaxes`	$-5.00M	USD	3 Qtrs
Change in deferred income taxes	`IncreaseDecreaseInDeferredIncomeTaxes`	$72.00M	USD	3 Qtrs
Provision for uncollectible accounts	`ProvisionForDoubtfulAccounts`	$4.00M	USD	3 Qtrs
Provision for uncollectible accounts	`ProvisionForDoubtfulAccounts`	$7.00M	USD	3 Qtrs
(Income) loss from investments	`GainLossOnInvestments`	-	USD	3 Qtrs
(Income) loss from investments	`GainLossOnInvestments`	$8.00M	USD	3 Qtrs
(Gain) loss on sale of plant and equipment	`GainLossOnSaleOfPropertyPlantEquipment`	-	USD	3 Qtrs
(Gain) loss on sale of plant and equipment	`GainLossOnSaleOfPropertyPlantEquipment`	$1.00M	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`	$1.00M	USD	3 Qtrs
Stock-based compensation expense	`ShareBasedCompensation`	$48.00M	USD	3 Qtrs
Stock-based compensation expense	`ShareBasedCompensation`	$52.00M	USD	3 Qtrs
Other non-cash items, net	`OtherOperatingActivitiesCashFlowStatement`	$1.00M	USD	3 Qtrs
Other non-cash items, net	`OtherOperatingActivitiesCashFlowStatement`	$-5.00M	USD	3 Qtrs
Trade receivables	`IncreaseDecreaseInReceivables`	$39.00M	USD	3 Qtrs
Trade receivables	`IncreaseDecreaseInReceivables`	$417.00M	USD	3 Qtrs
Inventories	`IncreaseDecreaseInInventories`	$477.00M	USD	3 Qtrs
Inventories	`IncreaseDecreaseInInventories`	$-235.00M	USD	3 Qtrs
Prepaid expenses and other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$23.00M	USD	3 Qtrs
Prepaid expenses and other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$-27.00M	USD	3 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayableTrade`	$-3.00M	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`	$-123.00M	USD	3 Qtrs
Income taxes	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	$-102.00M	USD	3 Qtrs
Income taxes	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	$-140.00M	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`	$1.54B	USD	3 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$2.50B	USD	3 Qtrs
Acquisition of businesses (excluding cash and equivalents)	`PaymentsToAcquireBusinessesNetOfCashAcquired`	-	USD	3 Qtrs
Acquisition of businesses (excluding cash and equivalents)	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$2.00M	USD	3 Qtrs
Additions to plant and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$324.00M	USD	3 Qtrs
Additions to plant and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$256.00M	USD	3 Qtrs
Proceeds from investments	`ProceedsFromSaleMaturityAndCollectionsOfInvestments`	$25.00M	USD	3 Qtrs
Proceeds from investments	`ProceedsFromSaleMaturityAndCollectionsOfInvestments`	$12.00M	USD	3 Qtrs
Proceeds from sale of plant and equipment	`ProceedsFromSaleOfPropertyPlantAndEquipment`	$8.00M	USD	3 Qtrs
Proceeds from sale of plant and equipment	`ProceedsFromSaleOfPropertyPlantAndEquipment`	$11.00M	USD	3 Qtrs
Proceeds from sales of operations and affiliates	`ProceedsFromDivestitureOfBusinessesAndInterestsInAffiliates`	$7.00M	USD	3 Qtrs
Proceeds from sales of operations and affiliates	`ProceedsFromDivestitureOfBusinessesAndInterestsInAffiliates`	$3.00M	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`	$-283.00M	USD	3 Qtrs
Cash dividends paid	`PaymentsOfDividendsCommonStock`	$1.14B	USD	3 Qtrs
Cash dividends paid	`PaymentsOfDividendsCommonStock`	$1.19B	USD	3 Qtrs
Issuance of common stock	`ProceedsFromIssuanceOfCommonStock`	$17.00M	USD	3 Qtrs
Issuance of common stock	`ProceedsFromIssuanceOfCommonStock`	$49.00M	USD	3 Qtrs
Repurchases of common stock	`PaymentsForRepurchaseOfCommonStock`	$1.25B	USD	3 Qtrs
Repurchases of common stock	`PaymentsForRepurchaseOfCommonStock`	$1.12B	USD	3 Qtrs
Net proceeds from (repayments of) debt with original maturities of three months or less	`ProceedsFromRepaymentsOfShortTermDebtMaturingInThreeMonthsOrLess`	$1.08B	USD	3 Qtrs
Net proceeds from (repayments of) debt with original maturities of three months or less	`ProceedsFromRepaymentsOfShortTermDebtMaturingInThreeMonthsOrLess`	$-367.00M	USD	3 Qtrs
Proceeds from debt with original maturities of more than three months	`ProceedsFromDebtMaturingInMoreThanThreeMonths`	$1.43B	USD	3 Qtrs
Proceeds from debt with original maturities of more than three months	`ProceedsFromDebtMaturingInMoreThanThreeMonths`	$454.00M	USD	3 Qtrs
Repayments of debt with original maturities of more than three months	`RepaymentsOfDebtMaturingInMoreThanThreeMonths`	$678.00M	USD	3 Qtrs
Repayments of debt with original maturities of more than three months	`RepaymentsOfDebtMaturingInMoreThanThreeMonths`	$1.11B	USD	3 Qtrs
Other, net	`ProceedsFromPaymentsForOtherFinancingActivities`	$-15.00M	USD	3 Qtrs
Other, net	`ProceedsFromPaymentsForOtherFinancingActivities`	$-15.00M	USD	3 Qtrs
Net cash provided by (used for) financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-1.91B	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`	$-30.00M	USD	3 Qtrs
Effect of Exchange Rate Changes on Cash and Equivalents	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$-88.00M	USD	3 Qtrs
Increase (decrease) during the period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-753.00M	USD	3 Qtrs
Increase (decrease) during the period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$282.00M	USD	3 Qtrs
Beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$774.00M	USD	Point-in-time
Beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$990.00M	USD	Point-in-time
Beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$1.53B	USD	Point-in-time
Beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$708.00M	USD	Point-in-time
End of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$774.00M	USD	Point-in-time
End of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$990.00M	USD	Point-in-time
End of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$1.53B	USD	Point-in-time
End of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$708.00M	USD	Point-in-time
Cash Paid During the Period for Interest	`InterestPaidNet`	$216.00M	USD	3 Qtrs
Cash Paid During the Period for Interest	`InterestPaidNet`	$170.00M	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`	$791.00M	USD	3 Qtrs

Stockholders Equity 41 line items

Line Item	Tag	Value	Unit	Period
Dividends declared (in dollars per share)	`CommonStockDividendsPerShareDeclared`	$1.31	USD	1 Quarter
Dividends declared (in dollars per share)	`CommonStockDividendsPerShareDeclared`	$3.75	USD	3 Qtrs
Dividends declared (in dollars per share)	`CommonStockDividendsPerShareDeclared`	$1.40	USD	1 Quarter
Dividends declared (in dollars per share)	`CommonStockDividendsPerShareDeclared`	$4.02	USD	3 Qtrs
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$3.09B	USD	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$3.01B	USD	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$3.00B	USD	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$3.38B	USD	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$3.09B	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`	$2.24B	USD	3 Qtrs
Net income	`ProfitLoss`	$772.00M	USD	1 Quarter
Common stock issued for stock-based compensation	`StockIssuedDuringPeriodValueShareBasedCompensation`	$3.00M	USD	1 Quarter
Common stock issued for stock-based compensation	`StockIssuedDuringPeriodValueShareBasedCompensation`	$3.00M	USD	3 Qtrs
Common stock issued for stock-based compensation	`StockIssuedDuringPeriodValueShareBasedCompensation`	$34.00M	USD	3 Qtrs
Stock-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$15.00M	USD	1 Quarter
Stock-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$17.00M	USD	1 Quarter
Stock-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$48.00M	USD	3 Qtrs
Stock-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$52.00M	USD	3 Qtrs
Repurchases of common stock	`TreasuryStockValueAcquiredCostMethod`	$1.12B	USD	3 Qtrs
Repurchases of common stock	`TreasuryStockValueAcquiredCostMethod`	$500.00M	USD	1 Quarter
Repurchases of common stock	`TreasuryStockValueAcquiredCostMethod`	$1.25B	USD	3 Qtrs
Repurchases of common stock	`TreasuryStockValueAcquiredCostMethod`	$375.00M	USD	1 Quarter
Excise tax on repurchases of common stock	`TreasuryStockValueAcquiredCostMethodExciseTax`	$3.00M	USD	1 Quarter
Excise tax on repurchases of common stock	`TreasuryStockValueAcquiredCostMethodExciseTax`	$9.00M	USD	3 Qtrs
Dividends declared	`DividendsCommonStockCash`	$1.16B	USD	3 Qtrs
Dividends declared	`DividendsCommonStockCash`	$1.22B	USD	3 Qtrs
Dividends declared	`DividendsCommonStockCash`	$422.00M	USD	1 Quarter
Dividends declared	`DividendsCommonStockCash`	$402.00M	USD	1 Quarter
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$-61.00M	USD	3 Qtrs
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$-82.00M	USD	1 Quarter
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$-380.00M	USD	3 Qtrs
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$-205.00M	USD	1 Quarter
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$3.09B	USD	Point-in-time
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$3.01B	USD	Point-in-time
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$3.00B	USD	Point-in-time
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$3.38B	USD	Point-in-time
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$3.09B	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`	$2.24B	USD	3 Qtrs
Net Income	`ProfitLoss`	$772.00M	USD	1 Quarter
Foreign currency translation adjustments, net of tax	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-82.00M	USD	1 Quarter
Foreign currency translation adjustments, net of tax	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-394.00M	USD	3 Qtrs
Foreign currency translation adjustments, net of tax	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-210.00M	USD	1 Quarter
Foreign currency translation adjustments, net of tax	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-61.00M	USD	3 Qtrs
Pension and other postretirement benefit adjustments, net of tax	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax`	-	USD	1 Quarter
Pension and other postretirement benefit adjustments, net of tax	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax`	-	USD	3 Qtrs
Pension and other postretirement benefit adjustments, net of tax	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax`	$-5.00M	USD	1 Quarter
Pension and other postretirement benefit adjustments, net of tax	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax`	$-14.00M	USD	3 Qtrs
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$-61.00M	USD	3 Qtrs
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$-82.00M	USD	1 Quarter
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$-380.00M	USD	3 Qtrs
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$-205.00M	USD	1 Quarter
Comprehensive Income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$1.75B	USD	3 Qtrs
Comprehensive Income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$522.00M	USD	1 Quarter
Comprehensive Income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$2.18B	USD	3 Qtrs
Comprehensive Income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$690.00M	USD	1 Quarter

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