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Consolidated Statement of Financial Position - USD ($)
$ in Millions
Sep. 30, 2020
Dec. 31, 2019
Current assets:    
Cash and short-term investments $ 9,315 $ 8,284
Receivables - trade and other 6,969 8,568
Receivables - finance 8,966 9,336
Prepaid expenses and other current assets 1,831 1,739
Inventories 11,453 11,266
Total current assets 38,534 39,193
Property, plant and equipment - net 12,232 12,904
Long-term receivables - trade and other 1,149 1,193
Long-term receivables - finance 12,209 12,651
Noncurrent deferred and refundable income taxes 1,440 1,411
Intangible assets 1,363 1,565
Goodwill 6,304 6,196
Other assets 3,510 3,340
Total assets 76,741 78,453
Short-term borrowings:    
Accounts payable 5,193 5,957
Accrued expenses 3,510 3,750
Accrued wages, salaries and employee benefits 1,069 1,629
Customer advances 1,209 1,187
Dividends payable 0 567
Other current liabilities 1,978 2,155
Long-term debt due within one year:    
Total current liabilities 24,978 26,621
Long-term debt due after one year:    
Liability for postemployment benefits 6,254 6,599
Other liabilities 4,408 4,323
SPC liabilities in consolidated statement 61,747 63,824
Commitments and contingencies (Notes 11 and 14)
Shareholders' equity    
Common stock of $1.00 par value: Authorized shares: 2,000,000,000 Issued shares: (9/30/2020 and 12/31/19 – 814,894,624) at paid-in amount 6,204 5,935
Treasury stock (9/30/20 – 271,636,341 shares; 12/31/19 – 264,812,014 shares) at cost (25,315) (24,217)
Profit employed in the business 35,508 34,437
Accumulated other comprehensive income (loss) (1,448) (1,567)
Noncontrolling interests 45 41
Total shareholders' equity 14,994 14,629
Total liabilities and shareholders' equity $ 76,741 $ 78,453
Common stock, par value (in dollars per share) $ 1.00 $ 1.00
Common stock, Authorized shares 2,000,000,000 2,000,000,000
Common stock, Issued shares 814,894,624 814,894,624
Treasury stock, shares 271,636,341 264,812,014
Machinery, Energy & Transportation    
Short-term borrowings:    
Short-term borrowings $ 0 $ 5
Long-term debt due within one year:    
Long-term debt due within one year 1,397 16
Long-term debt due after one year:    
Long-term Debt due after one year 9,742 9,141
Financial Products    
Short-term borrowings:    
Short-term borrowings 2,660 5,161
Long-term debt due within one year:    
Long-term debt due within one year 7,962 6,194
Long-term debt due after one year:    
Long-term Debt due after one year $ 16,365 $ 17,140