Consolidated Balance Sheet - USD ($)
$ in Millions |
Sep. 30, 2016 |
Dec. 31, 2015 |
| Current Assets |
|
|
|
| Cash and temporary investments |
$ 2,562
|
|
$ 1,050
|
| Accounts and notes receivable, net |
2,807
|
|
2,675
|
| Inventories |
2,222
|
|
2,228
|
| Deferred income tax assets |
287
|
|
312
|
| Other current assets |
225
|
|
212
|
| Total Current Assets |
8,103
|
|
6,477
|
| Plants, Properties and Equipment, net |
12,205
|
|
11,980
|
| Forestlands |
447
|
|
366
|
| Investments |
325
|
|
228
|
| Financial Assets of Special Purpose Entities (Note 13) |
7,028
|
|
7,014
|
| Goodwill |
3,362
|
|
3,335
|
| Deferred Charges and Other Assets |
1,131
|
|
1,131
|
| Total Assets |
32,601
|
|
30,531
|
| Current Liabilities |
|
|
|
| Notes payable and current maturities of long-term debt |
78
|
|
426
|
| Accounts payable |
2,031
|
|
2,078
|
| Accrued payroll and benefits |
394
|
|
434
|
| Other accrued liabilities |
1,038
|
|
986
|
| Total Current Liabilities |
3,541
|
|
3,924
|
| Long-Term Debt |
10,823
|
|
8,844
|
| Nonrecourse Financial Liabilities of Special Purpose Entities (Note 13) |
6,282
|
|
6,277
|
| Deferred Income Taxes |
3,273
|
|
3,231
|
| Pension Benefit Obligation |
3,709
|
|
3,548
|
| Postretirement and Postemployment Benefit Obligation |
320
|
|
364
|
| Other Liabilities |
424
|
|
434
|
| Equity |
|
|
|
| Common stock, $1 par value, 2016 - 448.9 shares and 2015 - 448.9 shares |
449
|
|
449
|
| Paid-in capital |
6,180
|
|
6,243
|
| Retained earnings |
4,793
|
|
4,649
|
| Accumulated other comprehensive loss |
(5,458)
|
[1] |
(5,708)
|
| Shareholders' Equity before Treasury Stock, Total |
5,964
|
|
5,633
|
| Less: Common stock held in treasury, at cost, 2016 - 37.716 shares and 2015 - 36.776 shares |
1,755
|
|
1,749
|
| Total Shareholders' Equity |
4,209
|
|
3,884
|
| Noncontrolling interests |
20
|
|
25
|
| Total Equity |
4,229
|
|
3,909
|
| Total Liabilities and Equity |
$ 32,601
|
|
$ 30,531
|
|
|