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Consolidated Balance Sheets (USD $)
In Millions, unless otherwise specified
Sep. 30, 2012
Dec. 31, 2011
Assets    
Cash and cash equivalents $ 3,387 $ 3,079
Receivables, less allowance for doubtful accounts of $2 and $3 5,101 5,461
Inventories 3,889 3,320
Other current assets 139 141
Total current assets 12,516 12,001
Equity method investments 300 302
Property, plant and equipment, net 12,532 12,228
Goodwill 930 842
Other noncurrent assets 305 372
Total assets 26,583 25,745
Liabilities    
Accounts payable 6,951 8,189
Payroll and benefits payable 287 312
Consumer excise taxes payable 264 337
Accrued taxes 709 558
Long-term debt due within one year 20 15
Other current liabilities 77 180
Total current liabilities 8,308 9,591
Long-term debt 3,329 3,292
Deferred income taxes 1,954 1,310
Defined benefit postretirement plan obligations 1,270 1,783
Deferred credits and other liabilities 255 264
Total liabilities 15,116 16,240
Commitments and contingencies (see Note 20)      
Stockholders' Equity    
Preferred stock, no shares issued and outstanding (par value $0.01 per share, 30 million shares authorized)      
Common stock: Issued-359 million and 357 million shares (par value $0.01 per share, 1 billion shares authorized) 4 4
Held in treasury, at cost-20 million shares at September 30, 2012 (852)  
Additional paid-in capital 9,563 9,482
Retained earnings 3,241 898
Accumulated other comprehensive loss (489) (879)
Total stockholders' equity 11,467 9,505
Total liabilities and stockholders' equity $ 26,583 $ 25,745