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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
Jun. 30, 2016
Dec. 31, 2015
CURRENT ASSETS    
Cash and cash equivalents $ 191 $ 126
Accounts receivable, less allowance of $160 and $152 1,972 1,943
Other 628 581
Total current assets 2,791 2,650
NET PROPERTY, PLANT AND EQUIPMENT    
Property, plant and equipment 39,763 38,785
Accumulated depreciation (21,869) (20,716)
Net property, plant and equipment 17,894 18,069
GOODWILL AND OTHER ASSETS    
Goodwill 20,766 20,742
Other intangible assets, less accumulated amortization of $1,901 and $1,798 1,506 1,555
Other, net 689 660
Total goodwill and other assets 26,433 26,885
TOTAL ASSETS 47,118 47,604
CURRENT LIABILITIES    
Current maturities of long-term debt 1,451 1,503
Accounts payable 1,067 968
Accrued expenses and other liabilities    
Salaries and benefits 562 602
Income and other taxes 505 318
Interest 258 250
Other 272 220
Advance billings and customer deposits 727 743
Total current liabilities 4,842 4,604
LONG-TERM DEBT 18,165 18,722
DEFERRED CREDITS AND OTHER LIABILITIES    
Deferred income taxes, net 3,625 3,569
Benefit plan obligations, net 5,390 5,511
Other 1,111 1,138
Total deferred credits and other liabilities 10,126 10,218
COMMITMENTS AND CONTINGENCIES (Note 8)
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 545,924 and 543,800 shares 546 544
Additional paid-in capital 15,205 15,178
Accumulated other comprehensive loss (1,881) (1,934)
Retained earnings 115 272
Total stockholders' equity 13,985 14,060
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY 47,118 47,604
Customer relationships    
Customer relationships, less accumulated amortization of $6,104 and $5,648 $ 3,472 $ 3,928