XML 16 R4.htm IDEA: XBRL DOCUMENT v3.7.0.1
Consolidated Balance Sheets - USD ($)
$ in Millions
Mar. 31, 2017
Dec. 31, 2016
Current assets    
Cash and cash equivalents $ 3,213 $ 3,316
Marketable securities 66 68
Accounts receivable, less allowance of $57 ($56 in 2016) 1,875 1,967
Inventories:    
Materials and supplies 476 425
Work in process 137 130
Finished goods 1,559 1,475
Total inventories 2,172 2,030
Prepaid expenses and other current assets 563 480
Total current assets 7,889 7,861
Property, plant and equipment:    
Land, buildings and improvements 857 820
Machinery and equipment 2,476 2,341
Total property, plant and equipment 3,333 3,161
Less allowance for depreciation 1,678 1,592
Net property, plant and equipment 1,655 1,569
Other assets    
Goodwill 6,393 6,356
Other intangibles, net 3,446 3,508
Other noncurrent assets 1,134 1,141
Total assets 20,517 20,435
Current liabilities    
Accounts payable 456 437
Accrued compensation 457 767
Income taxes 43 40
Dividend payable 159 159
Accrued recall 521 594
Accrued expenses and other liabilities 883 923
Current maturities of debt 35 228
Total current liabilities 2,554 3,148
Long-term debt, excluding current maturities 7,184 6,686
Other noncurrent liabilities 1,075 1,051
Total liabilities 10,813 10,885
Shareholders' equity    
Common stock, $0.10 par value: Authorized: 1 billions shares, outstanding: 374 millions shares (375 million shares in 2016) 37 37
Additional paid-in capital 1,439 1,432
Retained earnings 8,903 8,842
Accumulated other comprehensive loss (675) (761)
Total shareholders' equity 9,704 9,550
Total liabilities & shareholders' equity $ 20,517 $ 20,435