Consolidated Financial Position - USD ($) $ in Millions	Dec. 31, 2018	Dec. 31, 2017
Current assets:
Cash and short-term investments	$ 7,857	$ 8,261
Receivables - trade and other	8,802	7,436
Receivables - finance	8,650	8,757
Prepaid expenses and other current assets	1,765	1,772
Inventories	11,529	10,018
Total current assets	38,603	36,244
Property, plant and equipment - net	13,574	14,155
Long-term receivables - trade and other	1,161	990
Long-term receivables - finance	13,286	13,542
Noncurrent deferred and refundable income taxes	1,439	1,693
Intangible assets	1,897	2,111
Goodwill	6,217	6,200
Other assets	2,332	2,027
Total assets	78,509	76,962
Short-term borrowings:
Machinery, Energy & Transportation	0	1
Financial Products	5,723	4,836
Accounts payable	7,051	6,487
Accrued expenses	3,573	3,220
Accrued wages, salaries and employee benefits	2,384	2,559
Customer advances	1,243	1,426
Dividends payable	495	466
Other current liabilities	1,919	1,742
Long-term debt due within one year:
Machinery, Energy & Transportation	10	6
Financial Products	5,820	6,188
Total current liabilities	28,218	26,931
Long-term debt due after one year:
Machinery, Energy & Transportation	8,005	7,929
Financial Products	16,995	15,918
Liability for postemployment benefits	7,455	8,365
Other liabilities	3,756	4,053
Total liabilities	64,429	63,196
Commitments and contingencies (Notes 21 and 22)
Shareholders' equity
Common stock of $1.00 par value: Authorized shares: 2,000,000,000 Issued shares: (2018 and 2017 – 814,894,624 shares) at paid-in amount	5,827	5,593
Treasury stock: (2018 - 239,351,886 shares; and 2017 – 217,268,852 shares) at cost	(20,531)	(17,005)
Profit employed in the business	30,427	26,301
Accumulated other comprehensive income (loss)	(1,684)	(1,192)
Noncontrolling interests	41	69
Total stockholders' equity	14,080	13,766
Total liabilities and stockholders' equity	$ 78,509	$ 76,962