| Year Ending Dec 2025 (Update) | Year Ending Dec 2024 (Restated) | Year Ending Dec 2023 (Restated) | Year Ending Dec 2022 (Update) | |
|---|---|---|---|---|
| Net Sales | 37,442.00 | 34,717.00 | 33,009.00 | 35,466.00 |
| Revenue | 37,442.00 | 34,717.00 | 33,009.00 | 35,466.00 |
| Total Revenue | 37,442.00 | 34,717.00 | 33,009.00 | 35,466.00 |
| Cost of Revenue | 23,613.00 | 21,360.00 | 20,637.00 | 23,825.00 |
| Cost of Revenue, Total | 23,613.00 | 21,360.00 | 20,637.00 | 23,825.00 |
| Gross Profit | 13,829.00 | 13,357.00 | 12,372.00 | 11,641.00 |
| Selling/General/Administrative Expense | 5,244.00 | 5,041.00 | 4,685.00 | 4,717.00 |
| Labor & Related Expense | 206.00 | 194.00 | 202.00 | 188.00 |
| Selling/General/Administrative Expenses, Total | 5,450.00 | 5,235.00 | 4,887.00 | 4,905.00 |
| Research & Development | 1,812.00 | 1,454.00 | 1,375.00 | No data |
| Interest Expense - Operating | 1,344.00 | 1,048.00 | 749.00 | 414.00 |
| Interest Expense, Net - Operating | 1,344.00 | 1,048.00 | 749.00 | 414.00 |
| Interest Income - Operating | -369.00 | -430.00 | -321.00 | -138.00 |
| Investment Income - Operating | -92.00 | -2.00 | -83.00 | -13.00 |
| Interest/Investment Income - Operating | -461.00 | -432.00 | -404.00 | -151.00 |
| Interest Expense (Income), Net-Operating, Total | 883.00 | 616.00 | 345.00 | 263.00 |
| Restructuring Charge | No data | No data | No data | 696.00 |
| Litigation | 0.00 | No data | No data | 0.00 |
| Impairment-Assets Held for Use | 994.00 | 219.00 | 0.00 | No data |
| Other Unusual Expense (Income) | -313.00 | 62.00 | 10.00 | 23.00 |
| Unusual Expense (Income) | 681.00 | 281.00 | 10.00 | 719.00 |
| Other, Net | -473.00 | -473.00 | -436.00 | -625.00 |
| Other Operating Expenses, Total | -473.00 | -473.00 | -436.00 | -625.00 |
| Total Operating Expense | 31,966.00 | 28,473.00 | 26,818.00 | 29,087.00 |
| Operating Income | 5,476.00 | 6,244.00 | 6,191.00 | 6,379.00 |
| Net Income Before Taxes | 5,476.00 | 6,244.00 | 6,191.00 | 6,379.00 |
| Income Tax – Total | 1,008.00 | 1,249.00 | 1,262.00 | 1,412.00 |
| Income After Tax | 4,468.00 | 4,995.00 | 4,929.00 | 4,967.00 |
| Minority Interest | -43.00 | -35.00 | -14.00 | -1.00 |
| Net Income Before Extraordinary Items | 4,425.00 | 4,960.00 | 4,915.00 | 4,966.00 |
| Discontinued Operations | 304.00 | 745.00 | 743.00 | No data |
| Extraordinary Item | No data | No data | No data | No data |
| Total Extraordinary Items | 304.00 | 745.00 | 743.00 | No data |
| Net Income | 4,729.00 | 5,705.00 | 5,658.00 | 4,966.00 |
| Income Available to Common Excluding Extraordinary Items | 4,425.00 | 4,960.00 | 4,915.00 | 4,966.00 |
| Income Available to Common Stocks Including Extraordinary Items | 4,729.00 | 5,705.00 | 5,658.00 | 4,966.00 |
| Basic Weighted Average Shares | 639.00 | 650.90 | 663.00 | 677.10 |
| Basic EPS Excluding Extraordinary Items | 6.92 | 7.62 | 7.41 | 7.33 |
| Basic EPS Including Extraordinary Items | 7.40 | 8.76 | 8.53 | 7.33 |
| Diluted Net Income | 4,729.00 | 5,705.00 | 5,658.00 | 4,966.00 |
| Diluted Weighted Average Shares | 642.80 | 655.30 | 668.20 | 683.10 |
| Diluted EPS Excluding Extraordinary Items | 6.88 | 7.57 | 7.36 | 7.27 |
| Diluted EPS Including Extraordinary Items | 7.36 | 8.71 | 8.47 | 7.27 |
| DPS - Common Stock Primary Issue | 4.58 | 4.37 | 4.17 | 3.97 |
| Gross Dividends - Common Stock | 2,934.00 | 2,849.00 | 2,772.00 | 2,700.00 |
| Impairment-Assets Held for Use, Supplemental | 11.00 | 22.00 | 41.00 | No data |
| Litigation Charge, Supplemental | 214.00 | 61.00 | 534.00 | No data |
| Restructuring Charge, Supplemental | 142.00 | 102.00 | 238.00 | 572.00 |
| Other Unusual Expense (Income), Supplemental | 268.00 | 37.00 | 31.00 | No data |
| Non-Recurring Items, Total | 635.00 | 222.00 | 844.00 | 572.00 |
| Total Special Items | 1,316.00 | 503.00 | 854.00 | 1,291.00 |
| Normalized Income Before Taxes | 6,792.00 | 6,747.00 | 7,045.00 | 7,670.00 |
| Effect of Special Items on Income Taxes | 242.24 | 100.62 | 174.08 | 285.76 |
| Income Taxes Excluding Impact of Special Items | 1,250.24 | 1,349.62 | 1,436.08 | 1,697.76 |
| Normalized Income After Taxes | 5,541.76 | 5,397.38 | 5,608.92 | 5,972.24 |
| Normalized Income Available to Common | 5,498.76 | 5,362.38 | 5,594.92 | 5,971.24 |
| Basic Normalized EPS | 8.61 | 8.24 | 8.44 | 8.82 |
| Diluted Normalized EPS | 8.55 | 8.18 | 8.37 | 8.74 |
| Amortization of Intangibles, Supplemental | 842.00 | 663.00 | 517.00 | 547.00 |
| Depreciation, Supplemental | 546.00 | 493.00 | 490.00 | 657.00 |
| Interest Expense, Supplemental | 1,344.00 | 1,048.00 | 749.00 | 414.00 |
| Rental Expense, Supplemental | 235.00 | 232.00 | 217.00 | 224.00 |
| Stock-Based Compensation, Supplemental | 206.00 | 194.00 | 202.00 | 188.00 |
| Equity in Affiliates, Supplemental | 44.00 | 47.00 | 82.00 | 61.00 |
| Minority Interest, Supplemental | -43.00 | -35.00 | -14.00 | -1.00 |
| Research & Development Expense, Supplemental | 2,886.00 | 2,559.00 | 2,520.00 | 1,478.00 |
| Audit-Related Fees, Supplemental | No data | No data | No data | 16.92 |
| Audit-Related Fees | No data | No data | No data | 3.33 |
| Tax Fees, Supplemental | No data | No data | No data | 0.00 |
| All Other Fees Paid to Auditor, Supplemental | No data | No data | No data | 0.04 |
| Gross Margin | 36.93 | 38.47 | 37.48 | 32.82 |
| Operating Margin | 14.63 | 17.99 | 18.76 | 17.99 |
| Pretax Margin | 14.63 | 17.99 | 18.76 | 17.99 |
| Effective Tax Rate | 18.41 | 20.00 | 20.38 | 22.14 |
| Net Profit Margin | 11.82 | 14.29 | 14.89 | 14.00 |
| Normalized EBIT | 7,675.00 | 7,363.00 | 7,390.00 | 7,933.00 |
| Normalized EBITDA | 9,063.00 | 8,519.00 | 8,397.00 | 9,137.00 |
| Current Tax - Domestic | 49.00 | 478.00 | 13.00 | 653.00 |
| Current Tax - Foreign | 914.00 | 943.00 | 1,038.00 | 815.00 |
| Current Tax - Local | 27.00 | 57.00 | 22.00 | 124.00 |
| Current Tax - Total | 990.00 | 1,478.00 | 1,073.00 | 1,592.00 |
| Deferred Tax - Domestic | 10.00 | -209.00 | 58.00 | -176.00 |
| Deferred Tax - Foreign | 62.00 | 3.00 | 114.00 | 32.00 |
| Deferred Tax - Local | -54.00 | -23.00 | 17.00 | -36.00 |
| Deferred Tax - Total | 18.00 | -229.00 | 189.00 | -180.00 |
| Income Tax - Total | 1,008.00 | 1,249.00 | 1,262.00 | 1,412.00 |
| Interest Cost - Domestic | 576.00 | No data | No data | 380.00 |
| Service Cost - Domestic | 27.00 | No data | No data | 86.00 |
| Prior Service Cost - Domestic | 0.00 | No data | No data | -42.00 |
| Expected Return on Assets - Domestic | -1,153.00 | No data | No data | -1,281.00 |
| Actuarial Gains and Losses - Domestic | 39.00 | No data | No data | -14.00 |
| Curtailments & Settlements - Domestic | 0.00 | No data | No data | -2.00 |
| Domestic Pension Plan Expense | -511.00 | No data | No data | -873.00 |
| Interest Cost - Foreign | 179.00 | No data | No data | 103.00 |
| Service Cost - Foreign | 4.00 | No data | No data | 19.00 |
| Prior Service Cost - Foreign | No data | No data | No data | No data |
| Expected Return on Assets - Foreign | -279.00 | No data | No data | -278.00 |
| Actuarial Gains and Losses - Foreign | 124.00 | No data | No data | 537.00 |
| Curtailments & Settlements - Foreign | 68.00 | No data | No data | No data |
| Transition Costs - Foreign | 2.00 | No data | No data | No data |
| Foreign Pension Plan Expense | 98.00 | No data | No data | 381.00 |
| Interest Cost - Post-Retirement | 5.00 | No data | No data | 5.00 |
| Service Cost - Post-Retirement | No data | No data | No data | 0.00 |
| Prior Service Cost - Post-Retirement | -11.00 | No data | No data | -42.00 |
| Actuarial Gains and Losses - Post-Retirement | -10.00 | No data | No data | -4.00 |
| Post-Retirement Plan Expense | -16.00 | No data | No data | -41.00 |
| Total Pension Expense | -429.00 | No data | No data | -533.00 |
| Discount Rate - Domestic | 5.57 | No data | No data | 2.87 |
| Discount Rate - Foreign | 5.09 | No data | No data | 1.77 |
| Discount Rate - Post-Retirement | 5.42 | No data | No data | 2.66 |
| Expected Rate of Return - Domestic | 7.25 | No data | No data | 6.40 |
| Expected Rate of Return - Foreign | 6.06 | No data | No data | 3.61 |
| Compensation Rate - Domestic | 3.25 | No data | No data | 3.25 |
| Compensation Rate - Foreign | 2.90 | No data | No data | 2.56 |
| Total Plan Interest Cost | 760.00 | No data | No data | 488.00 |
| Total Plan Service Cost | 31.00 | No data | No data | 105.00 |
| Total Plan Expected Return | -1,432.00 | No data | No data | -1,559.00 |
In millions of USD (except for per share items)
Source: LSEG