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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
Jun. 30, 2017
Dec. 31, 2016
Current assets:    
Cash and cash equivalents $ 1,758 $ 2,051
Accounts receivable 123 66
Accounts receivable, related party 1 113
Other receivables 11 10
Inventories 1,448 1,645
Other current assets 295 353
Total current assets 3,636 4,238
Property, plant and equipment, net of accumulated depreciation (2017 — $1,534; 2016 — $1,662) 1,338 1,348
Trademarks and other intangible assets, net of accumulated amortization 29,432 29,444
Goodwill 15,992 15,992
Other assets and deferred charges 65 73
Total assets 50,463 51,095
Current liabilities:    
Accounts payable 193 221
Tobacco settlement accruals 1,833 2,498
Due to related party   7
Deferred revenue, related party 106 66
Current maturities of long-term debt 1,748 501
Dividends payable on common stock 727 656
Other current liabilities 935 1,036
Total current liabilities 5,542 4,985
Long-term debt (less current maturities) 11,390 12,664
Long-term deferred income taxes, net 9,614 9,607
Long-term retirement benefits (less current portion) 1,768 1,869
Long-term deferred revenue, related party 19 39
Other noncurrent liabilities 244 220
Commitments and contingencies:
Shareholders’ equity:    
Common stock (shares issued: 2017 — 1,426,238,791; 2016 — 1,425,824,955)
Paid-in capital 18,197 18,285
Retained earnings 3,980 3,740
Accumulated other comprehensive loss (291) (314)
Total shareholders’ equity 21,886 21,711
Total liabilities and shareholders' equity $ 50,463 $ 51,095