Consolidated Financial Position - USD ($) $ in Millions	Dec. 31, 2019	Dec. 31, 2018
Current assets:
Cash and short-term investments	$ 8,284	$ 7,857
Receivables - trade and other	8,568	8,802
Receivables - finance	9,336	8,650
Prepaid Expense and Other Assets, Current	1,739	1,765
Inventories	11,266	11,529
Total current assets	39,193	38,603
Property, Plant and Equipment, Net	12,904	13,574
Long-term receivables - trade and other	1,193	1,161
Long-term receivables - finance	12,651	13,286
Noncurrent deferred and refundable income taxes	1,411	1,439
Intangible assets	1,565	1,897
Goodwill	6,196	6,217
Other assets	3,340	2,332
Total assets	78,453	78,509
Short-term borrowings:
Machinery, Energy & Transportation	5	0
Financial Products	5,161	5,723
Accounts payable	5,957	7,051
Accrued expenses	3,750	3,573
Accrued wages, salaries and employee benefits	1,629	2,384
Customer advances	1,187	1,243
Dividends payable	567	495
Other current liabilities	2,155	1,919
Long-term debt due within one year:
Machinery, Energy & Transportation	16	10
Financial Products	6,194	5,820
Total current liabilities	26,621	28,218
Long-term debt due after one year:
Machinery, Energy & Transportation	9,141	8,005
Financial Products	17,140	16,995
Liability for postemployment benefits	6,599	7,455
Other liabilities	4,323	3,756
Total liabilities	63,824	64,429
Shareholders' equity
Common stock of $1.00 par value: Authorized shares: 2,000,000,000 Issued shares: (2019 and 2018 – 814,894,624 shares) at paid-in amount	5,935	5,827
Treasury stock: (2019 - 264,812,014 shares; and 2018 – 239,351,886 shares) at cost	(24,217)	(20,531)
Profit employed in the business	34,437	30,427
Accumulated other comprehensive income (loss)	(1,567)	(1,684)
Noncontrolling interests	41	41
Total stockholders' equity	14,629	14,080
Total liabilities and stockholders' equity	$ 78,453	$ 78,509