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Consolidated Balance Sheets - USD ($)
$ in Millions
Mar. 31, 2016
Dec. 31, 2015
Current assets    
Cash and cash equivalents $ 6,976 $ 3,379
Marketable securities 507 700
Accounts receivable, less allowance of $64 ($61 in 2015) 1,591 1,662
Inventories    
Materials and supplies 325 304
Work in process 119 103
Finished goods 1,324 1,232
Total inventories 1,768 1,639
Prepaid expenses and other current assets 483 563
Total current assets 11,325 7,943
Property, plant and equipment    
Land, buildings and improvements 695 687
Machinery and equipment 2,116 2,043
Total property, plant and equipment 2,811 2,730
Less allowance for depreciation 1,587 1,531
Net property, plant and equipment 1,224 1,199
Other assets    
Goodwill 4,165 4,136
Other intangibles, net 1,780 1,794
Other noncurrent assets 1,174 1,151
Total assets 19,668 16,223
Current liabilities    
Accounts payable 394 410
Accrued compensation 406 637
Income taxes 151 141
Dividend payable 142 142
Accrued recall expenses 606 694
Accrued expenses and other liabilities 717 710
Current maturities of debt 770 768
Total current liabilities 3,186 3,502
Long-term debt, excluding current maturities 6,706 3,230
Other noncurrent liabilities 968 980
Shareholders' equity    
Common stock, $0.10 par value: Authorized: 1 billions shares, outstanding: 374 millions shares (373 millions shares in 2015) 37 37
Additional paid-in capital 1,353 1,321
Retained earnings 8,040 7,792
Accumulated other comprehensive income (622) (639)
Total shareholders' equity 8,808 8,511
Total liabilities & shareholders' equity $ 19,668 $ 16,223