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Consolidated Balance Sheets - USD ($)
$ in Millions
Dec. 31, 2016
Dec. 31, 2015
Current assets    
Cash and cash equivalents $ 3,316 $ 3,379
Marketable securities 68 700
Accounts receivable, less allowance of $56 ($61 in 2015) 1,967 1,662
Inventories:    
Materials and supplies 425 304
Work in process 130 103
Finished goods 1,475 1,232
Total inventories 2,030 1,639
Prepaid expenses and other current assets 480 563
Total current assets 7,861 7,943
Property, plant and equipment:    
Land, buildings and improvements 820 687
Machinery and equipment 2,341 2,043
Total property, plant and equipment 3,161 2,730
Less allowance for depreciation 1,592 1,531
Net property, plant and equipment 1,569 1,199
Goodwill 6,356 4,136
Other intangibles, net 3,508 1,794
Other noncurrent assets 1,141 1,151
Total assets 20,435 16,223
Current liabilities    
Accounts payable 437 410
Accrued compensation 767 637
Income taxes 40 141
Dividend payable 159 142
Accrued recall expenses 594 694
Accrued expenses and other liabilities 923 710
Current maturities of debt 228 768
Total current liabilities 3,148 3,502
Long-term debt, excluding current maturities 6,686 3,230
Other noncurrent liabilities 1,051 980
Liabilities 10,885 7,712
Shareholders' equity    
Common stock, $0.10 par value: Authorized: 1 billion shares, Outstanding: 375 million shares (373 million in 2015) 37 37
Additional paid-in capital 1,432 1,321
Retained earnings 8,842 7,792
Accumulated other comprehensive loss (761) (639)
Total shareholders' equity 9,550 8,511
Total liabilities & shareholders' equity $ 20,435 $ 16,223