XML 60 R5.htm IDEA: XBRL DOCUMENT v2.4.0.8
Consolidated Balance Sheets (USD $)
In Millions, unless otherwise specified
Mar. 31, 2014
Dec. 31, 2013
Current assets    
Cash and cash equivalents $ 1,381 $ 1,339
Marketable securities 2,666 2,641
Accounts receivable, less allowance of $68 ($72 in 2013) 1,430 1,518
Inventories    
Materials and supplies 231 227
Work in process 96 85
Finished goods 1,171 1,110
Total inventories 1,498 1,422
Deferred income taxes 918 880
Prepaid expenses and other current assets 553 535
Total current assets 8,446 8,335
Property, plant and equipment    
Land, buildings and improvements 692 686
Machinery and equipment 1,892 1,811
Total property, plant and equipment 2,584 2,497
Less allowance for depreciation 1,467 1,416
Net property, plant and equipment 1,117 1,081
Other assets    
Goodwill 3,997 3,844
Other intangibles, net 2,085 1,989
Other 514 494
Total assets 16,159 15,743
Current liabilities    
Accounts payable 350 314
Accrued compensation 333 535
Income taxes 118 131
Dividend payable 116 115
Accrued expenses and other liabilities 1,821 1,537
Current maturities of debt 820 25
Total current liabilities 3,558 2,657
Long-term debt, excluding current maturities 2,244 2,739
Other liabilities 1,294 1,300
Shareholders' equity    
Common stock, $0.10 par value: 38 38
Additional paid-in capital 1,186 1,160
Retained earnings 7,571 7,617
Accumulated other comprehensive income 268 232
Total shareholders' equity 9,063 9,047
Total liabilities & shareholders' equity $ 16,159 $ 15,743