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Consolidated Balance Sheets (USD $)
In Millions, unless otherwise specified
Dec. 31, 2011
Dec. 31, 2010
Current Assets    
Cash and cash equivalents $ 905 $ 1,758
Marketable securities 2,513 2,622
Accounts receivable, less allowance of $56 ($57 in 2010) 1,417 1,252
Inventories    
Materials and supplies 185 158
Work in process 46 65
Finished goods 1,052 834
Total inventories 1,283 1,057
Deferred income taxes 820 653
Prepaid expenses and other current assets 273 290
Total current assets 7,211 7,632
Property, Plant and Equipment    
Land, buildings and improvements 600 554
Machinery and equipment 1,455 1,296
Total Property, Plant and Equipment 2,055 1,850
Less allowance for depreciation 1,167 1,052
Net Property, Plant and Equipment 888 798
Other Assets    
Goodwill 2,072 1,072
Other intangibles, less accumulated amortization of $535 ($465 in 2010) 1,442 703
Loaner instrumentation, less accumulated amortization of $795 ($684 in 2010) 318 291
Deferred income taxes 317 248
Other 157 151
Total assets 12,405 10,895
Current Liabilities    
Accounts payable 345 292
Accrued compensation 444 418
Income taxes 116 47
Dividend payable 81 70
Accrued expenses and other liabilities 825 753
Current maturities of long-term debt 17 25
Total current liabilities 1,828 1,605
Long-term debt, excluding current maturities 1,751 996
Other Liabilities 1,143 1,120
Shareholders' Equity    
Common Stock, $0.10 par value: Authorized: 1 billion shares, Outstanding: 381 million shares (391 million in 2010) 38 39
Additional paid-in capital 1,022 964
Retained earnings 6,479 6,017
Accumulated other comprehensive gain 144 154
Total shareholders' equity 7,683 7,174
Total liabilities & shareholders' equity $ 12,405 $ 10,895