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Consolidated Balance Sheet (Unaudited) - USD ($)
$ in Millions
Jun. 30, 2016
Dec. 31, 2015
Current assets:    
Cash and cash equivalents $ 135 $ 100
Accounts and notes receivable (net of allowance of $5 at June 30, 2016 and $3 at December 31, 2015):    
Trade and other 730 1,034
Income tax receivable 8 7
Deferred income tax assets 42 42
Inventories 122 127
Assets held for sale (Note 11) 1,138 26
Other current assets and deferred charges 182 191
Total current assets 2,357 1,527
Investments 7,125 7,336
Property, plant, and equipment, at cost 38,351 39,039
Accumulated depreciation and amortization (10,102) (9,460)
Property, plant, and equipment – net 28,249 29,579
Goodwill 47 47
Other intangible assets – net of accumulated amortization 9,792 9,970
Regulatory assets, deferred charges, and other 554 561
Total assets 48,124 49,020
Current liabilities:    
Accounts payable 688 744
Liabilities held for sale (Note 11) 179 0
Accrued liabilities 903 1,078
Commercial paper 196 499
Long-term debt due within one year 786 176
Total current liabilities 2,752 2,497
Long-term debt 24,394 23,812
Deferred income tax liabilities 4,079 4,218
Other noncurrent liabilities 2,477 2,268
Contingent liabilities (Note 12)
Stockholders’ equity:    
Common stock (960 million shares authorized at $1 par value; 785 million shares issued at June 30, 2016 and 784 million shares issued at December 31, 2015) 785 784
Capital in excess of par value 14,849 14,807
Retained deficit (9,394) (7,960)
Accumulated other comprehensive income (loss) (369) (442)
Treasury stock, at cost (35 million shares of common stock) (1,041) (1,041)
Total stockholders’ equity 4,830 6,148
Noncontrolling interests in consolidated subsidiaries 9,592 10,077
Total equity 14,422 16,225
Total liabilities and equity $ 48,124 $ 49,020