Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Millions |
Sep. 30, 2017 |
Dec. 31, 2016 |
| Current assets: |
|
|
| Cash and equivalents |
$ 1,898
|
$ 4,009
|
| Receivables net of allowances for bad debts |
4,852
|
3,922
|
| Inventories |
2,444
|
2,275
|
| Prepaid income taxes |
53
|
585
|
| Other current assets |
897
|
886
|
| Total current assets |
10,144
|
11,677
|
| Property, plant, and equipment, net of accumulated depreciation |
8,432
|
8,532
|
| Goodwill |
2,685
|
2,414
|
| Deferred income taxes |
2,191
|
1,960
|
| Other assets |
2,338
|
2,417
|
| Total assets |
25,790
|
27,000
|
| Current liabilities: |
|
|
| Accounts payable |
2,416
|
1,764
|
| Accrued employee compensation and benefits |
706
|
544
|
| Short-term borrowings and current maturities of long-term debt |
515
|
170
|
| Other current liabilities |
964
|
1,545
|
| Total current liabilities |
4,601
|
4,023
|
| Long-term debt |
10,423
|
12,214
|
| Employee compensation and benefits |
571
|
574
|
| Other liabilities |
949
|
741
|
| Total liabilities |
16,544
|
17,552
|
| Shareholders' equity: |
|
|
| Common shares, par value $2.50 per share |
2,673
|
2,674
|
| Paid-in capital in excess of par value |
169
|
201
|
| Accumulated other comprehensive loss |
(448)
|
(454)
|
| Retained earnings |
13,649
|
14,141
|
| Treasury stock, at cost |
(6,826)
|
(7,153)
|
| Company shareholders' equity |
9,217
|
9,409
|
| Noncontrolling interest in consolidated subsidiaries |
29
|
39
|
| Total shareholders' equity |
9,246
|
9,448
|
| Total liabilities and shareholders' equity |
$ 25,790
|
$ 27,000
|