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Consolidated Balance Sheet - USD ($)
$ in Millions
Dec. 31, 2015
Dec. 31, 2014
Current assets:    
Cash and cash equivalents $ 100 $ 240
Accounts and notes receivable (net of allowance of $3 at December 31, 2015 and $0 at December 31, 2014):    
Trade and other 1,034 972
Income tax receivable 7 167
Deferred income tax assets 42 67
Inventories 127 231
Other current assets and deferred charges 217 213
Total current assets 1,527 1,890
Investments 7,336 8,400
Property, plant, and equipment – net 29,579 28,081
Goodwill 47 1,120
Other intangible assets – net of accumulated amortization 9,970 10,453
Regulatory assets, deferred charges, and other 561 511
Total assets 49,020 50,455
Current liabilities:    
Accounts payable 744 865
Accrued liabilities 1,078 900
Commercial paper 499 798
Long-term debt due within one year 176 4
Total current liabilities 2,497 2,567
Long-term debt 23,812 20,780
Deferred income tax liabilities 4,218 4,712
Other noncurrent liabilities $ 2,268 $ 2,224
Contingent liabilities and commitments (Note 18)
Stockholders’ equity:    
Common stock (960 million shares authorized at $1 par value; 784 million shares issued at December 31, 2015 and 782 million shares issued at December 31, 2014) $ 784 $ 782
Capital in excess of par value 14,807 14,925
Retained deficit (7,960) (5,548)
Accumulated other comprehensive income (loss) (442) (341)
Treasury stock, at cost (35 million shares of common stock) (1,041) (1,041)
Total stockholders’ equity 6,148 8,777
Noncontrolling interests in consolidated subsidiaries 10,077 11,395
Total equity 16,225 20,172
Total liabilities and equity $ 49,020 $ 50,455