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Consolidated Statement of Financial Position - USD ($)
$ in Millions
Mar. 31, 2022
Dec. 31, 2021
Current assets:    
Cash and cash equivalents $ 6,526 $ 9,254
Receivables - trade and other 9,135 8,477
Receivables - finance 9,003 8,898
Prepaid expenses and other current assets 2,868 2,788
Inventories 15,038 14,038
Total current assets 42,570 43,455
Property, plant and equipment - net 11,932 12,090
Long-term receivables - trade and other 1,204 1,204
Long-term receivables - finance 12,665 12,707
Noncurrent deferred and refundable income taxes 1,973 1,840
Intangible assets 967 1,042
Goodwill 6,293 6,324
Other assets 4,672 4,131
Total assets 82,276 82,793
Short-term borrowings:    
Accounts payable 8,361 8,154
Accrued expenses 3,846 3,757
Accrued wages, salaries and employee benefits 1,275 2,242
Customer advances 1,388 1,087
Dividends payable 0 595
Other current liabilities 2,355 2,256
Long-term debt due within one year:    
Total current liabilities 29,532 29,847
Long-term debt due after one year:    
Liability for postemployment benefits 5,363 5,592
Other liabilities 5,007 4,805
SPC liabilities in consolidated statement 65,179 66,277
Commitments and contingencies (Notes 11 and 14)
Shareholders' equity    
Authorized shares: 2,000,000,000 Issued shares: (3/31/22 and 12/31/21 – 814,894,624) at paid-in amount 6,281 6,398
Treasury stock (3/31/22 – 281,541,419 shares; 12/31/21 – 279,006,573 shares) at cost (28,326) (27,643)
Profit employed in the business 40,820 39,282
Accumulated other comprehensive income (loss) (1,710) (1,553)
Noncontrolling interests 32 32
Total shareholders' equity 17,097 16,516
Total liabilities and shareholders' equity $ 82,276 $ 82,793
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 281,541,419 279,006,573
Machinery, Energy & Transportation    
Short-term borrowings:    
Short-term borrowings $ 0 $ 9
Long-term debt due within one year:    
Long-term debt due within one year 127 45
Long-term debt due after one year:    
Long-term Debt due after one year 9,636 9,746
Financial Products    
Short-term borrowings:    
Short-term borrowings 4,501 5,395
Long-term debt due within one year:    
Long-term debt due within one year 7,679 6,307
Long-term debt due after one year:    
Long-term Debt due after one year $ 15,641 $ 16,287