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Consolidated Financial Position - USD ($)
$ in Millions
Dec. 31, 2015
Dec. 31, 2014
Current assets:    
Cash and short-term investments $ 6,460 $ 7,341
Receivables - trade and other 6,695 7,737
Receivables - finance 8,991 9,027
Deferred and refundable income taxes 1,526 1,739
Prepaid expenses and other current assets 1,046 818
Inventories 9,700 12,205
Total current assets 34,418 38,867
Property, plant and equipment - net 16,090 16,577
Long-term receivables - trade and other 1,170 1,364
Long-term receivables - finance 13,651 14,644
Investments in unconsolidated affiliated companies 246 257
Noncurrent deferred and refundable income taxes 1,654 1,404
Intangible assets 2,821 3,076
Goodwill 6,615 6,694
Other assets 1,832 1,798
Total assets 78,497 84,681
Short-term borrowings:    
Machinery, Energy & Transportation 9 9
Financial Products 6,958 4,699
Accounts payable 5,023 6,515
Accrued expenses 3,116 3,548
Accrued wages, salaries and employee benefits 1,994 2,438
Customer advances 1,146 1,697
Dividends payable 448 424
Other current liabilities 1,730 1,754
Long-term debt due within one year:    
Machinery, Energy & Transportation 517 510
Financial Products 5,362 6,283
Total current liabilities 26,303 27,877
Long-term debt due after one year:    
Machinery, Energy & Transportation 9,004 9,493
Financial Products 16,243 18,291
Liability for postemployment benefits 8,843 8,963
Other liabilities 3,219 3,231
Total liabilities $ 63,612 $ 67,855
Commitments and contingencies (Notes 21 and 22)
Stockholders' equity    
Common stock of $1.00 par value: Authorized shares: 2,000,000,000 Issued shares: (2015 and 2014 – 814,894,624 shares) at paid-in amount $ 5,238 $ 5,016
Treasury stock: (2015 – 232,572,734 shares; and 2014 – 208,728,065 shares) at cost (17,640) (15,726)
Profit employed in the business 34,208 33,887
Accumulated other comprehensive income (loss) (6,997) (6,431)
Noncontrolling interests 76 80
Total stockholders' equity 14,885 16,826
Total liabilities and stockholders' equity $ 78,497 $ 84,681