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Consolidated Balance Sheets - USD ($)
$ in Millions
Jun. 30, 2015
Dec. 31, 2014
Current assets    
Cash and cash equivalents $ 3,626 $ 1,795
Marketable securities 651 3,205
Accounts receivable, less allowance of $62 ($59 in 2014) 1,500 1,572
Inventories    
Materials and supplies 270 248
Work in Process 104 88
Finished Goods 1,245 1,252
Total inventories 1,619 1,588
Deferred income taxes 955 989
Prepaid expenses and other current assets 585 524
Total current assets 8,936 9,673
Property, plant and equipment    
Land, buildings and improvements 680 678
Machinery and equipment 1,924 1,919
Total property, plant and equipment 2,604 2,597
Less allowance for depreciation 1,502 1,499
Net property, plant and equipment 1,102 1,098
Other assets    
Goodwill 4,125 4,186
Other intangibles, net 1,925 2,018
Other 731 738
Total assets 16,819 17,713
Current liabilities    
Accounts payable 342 329
Accrued compensation 440 597
Income taxes 157 333
Dividend payable 130 131
Accrued recall expenses 1,688 1,593
Accrued expenses and other liabilities 739 754
Current maturities of debt 227 727
Total current liabilities 3,723 4,464
Long-term debt, excluding current maturities 3,242 3,246
Other liabilities 1,349 1,408
Shareholders' equity    
Common stock, $0.10 par value: Authorized: 1 billion shares, outstanding: 378 million shares (378 million in 2014) 38 38
Additional paid-in capital 1,298 1,252
Retained earnings 7,600 7,559
Accumulated other comprehensive income (431) (254)
Total shareholders' equity 8,505 8,595
Total liabilities & shareholders' equity $ 16,819 $ 17,713