Consolidated Balance Sheets - USD ($) $ in Millions	Sep. 30, 2018	Dec. 31, 2017
Current assets:
Cash and cash equivalents	$ 16,056	$ 17,824
Marketable securities	3,308	472
Accounts receivable, trade, less allowances for doubtful accounts $281 (2017, $291)	14,048	13,490
Inventories (Note 2)	8,678	8,765
Prepaid expenses and other	2,896	2,537
Assets held for sale (Note 10)	2,208	0
Total current assets	47,194	43,088
Property, plant and equipment at cost	41,520	41,466
Less: accumulated depreciation	(24,891)	(24,461)
Property, plant and equipment, net	16,629	17,005
Intangible assets, net (Note 3)	48,637	53,228
Goodwill (Note 3)	30,702	31,906
Deferred taxes on income	8,076	7,105
Other assets	4,465	4,971
Total assets	155,703	157,303
Current liabilities:
Loans and notes payable	1,773	3,906
Accounts payable	7,000	7,310
Accrued liabilities	6,044	7,304
Accrued rebates, returns and promotions	8,684	7,210
Accrued compensation and employee related obligations	2,840	2,953
Accrued taxes on income	1,096	1,854
Total current liabilities	27,437	30,537
Long-term debt (Note 4)	29,480	30,675
Deferred taxes on income	7,711	8,368
Employee related obligations	9,374	10,074
Long-term taxes payable	8,537	8,472
Other liabilities	8,538	9,017
Total liabilities	91,077	97,143
Shareholders’ equity:
Common stock — par value $1.00 per share (authorized 4,320,000,000 shares; issued 3,119,843,000 shares)	3,120	3,120
Accumulated other comprehensive income (loss) (Note 7)	(14,647)	(13,199)
Retained earnings	107,617	101,793
Less: common stock held in treasury, at cost (436,688,000 and 437,318,000 shares)	31,464	31,554
Total shareholders’ equity	64,626	60,160
Total liabilities and shareholders' equity	$ 155,703	$ 157,303