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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
Dec. 31, 2015
Dec. 31, 2014
CURRENT ASSETS    
Cash and cash equivalents $ 126 $ 128
Accounts receivable, less allowance of $152 and $162 1,943 1,988
Other 581 580
Total current assets 2,650 2,696
NET PROPERTY, PLANT AND EQUIPMENT    
Property, plant and equipment 38,785 36,718
Accumulated depreciation (20,716) (18,285)
Net property, plant and equipment 18,069 18,433
GOODWILL AND OTHER ASSETS    
Goodwill 20,742 20,755
Other intangible assets, net 1,555 1,647
Other, net 660 679
Total goodwill and other assets 26,885 27,974
TOTAL ASSETS 47,604 49,103
CURRENT LIABILITIES    
Current maturities of long-term debt 1,503 550
Accounts payable 968 1,226
Accrued expenses and other liabilities    
Salaries and benefits 602 641
Income and other taxes 318 309
Interest 250 256
Other 220 210
Advance billings and customer deposits 743 726
Total current liabilities 4,604 3,918
LONG-TERM DEBT 18,722 19,953
DEFERRED CREDITS AND OTHER LIABILITIES    
Deferred income taxes, net 3,569 3,154
Benefit plan obligations, net 5,511 5,808
Other 1,138 1,247
Total deferred credits and other liabilities $ 10,218 $ 10,209
COMMITMENTS AND CONTINGENCIES (Note 14)
STOCKHOLDERS' EQUITY    
Preferred stock — non-redeemable, $25.00 par value, authorized 2,000 shares, issued and outstanding 7 and 7 shares $ 0 $ 0
Common stock, $1.00 par value, authorized 1,600,000 and 1,600,000 shares, issued and outstanding 543,800 and 568,517 shares 544 569
Additional paid-in capital 15,178 16,324
Accumulated other comprehensive loss (1,934) (2,017)
Retained earnings 272 147
Total stockholders' equity 14,060 15,023
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY 47,604 49,103
Customer relationships, net    
Finite lived intangible assets, net $ 3,928 $ 4,893