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Consolidated Balance Sheets - USD ($)
$ in Millions
Dec. 31, 2019
Dec. 31, 2018
Current assets    
Cash and equivalents $ 39,924 $ 7,289
Short-term investments 0 772
Accounts receivable, net 5,428 5,384
Inventories 1,813 1,605
Prepaid expenses and other 2,354 1,895
Total current assets 49,519 16,945
Investments 93 1,420
Property and equipment, net 2,962 2,883
Intangible assets, net 18,649 21,233
Goodwill 15,604 15,663
Other assets 2,288 1,208
Total assets 89,115 59,352
Current liabilities    
Short-term borrowings 0 3,699
Current portion of long-term debt and finance lease obligations 3,753 1,609
Accounts payable and accrued liabilities 11,832 11,931
Total current liabilities 15,585 17,239
Long-term debt and finance lease obligations 62,975 35,002
Deferred income taxes 1,130 1,067
Other long-term liabilities 17,597 14,490
Commitments and contingencies
Stockholders’ equity (deficit)    
Common stock, $0.01 par value, 4,000,000,000 shares authorized, 1,781,582,608 shares issued as of December 31, 2019 and 1,776,510,871 as of December 31, 2018 18 18
Common stock held in treasury, at cost, 302,671,146 shares as of December 31, 2019 and 297,686,473 as of December 31, 2018 (24,504) (24,108)
Additional paid-in capital 15,193 14,756
Retained earnings 4,717 3,368
Accumulated other comprehensive loss (3,596) (2,480)
Total stockholders’ equity (deficit) (8,172) (8,446)
Total liabilities and equity $ 89,115 $ 59,352