Consolidated Balance Sheets - USD ($) $ in Millions	Dec. 31, 2019	Dec. 31, 2018
Current assets
Cash and cash equivalents	$ 4,337	$ 3,616
Marketable securities	88	83
Accounts receivable, less allowance of $88 ($64 in 2018)	2,893	2,332
Inventories:
Materials and supplies	677	606
Work in process	178	149
Finished goods	2,427	2,200
Total inventories	3,282	2,955
Prepaid expenses and other current assets	760	747
Total current assets	11,360	9,733
Property, plant and equipment:
Land, buildings and improvements	1,263	1,041
Machinery and equipment	3,451	3,236
Total property, plant and equipment	4,714	4,277
Less allowance for depreciation	2,147	1,986
Property, plant and equipment, net	2,567	2,291
Goodwill	9,069	8,563
Other intangibles, net	4,227	4,163
Noncurrent deferred income tax assets	1,575	1,678
Other noncurrent assets	1,369	801
Total assets	30,167	27,229
Current liabilities
Accounts payable	675	646
Accrued compensation	955	917
Income taxes	171	158
Dividend payable	213	192
Accrued expenses and other liabilities	1,527	1,521
Current maturities of debt	859	1,373
Total current liabilities	4,400	4,807
Long-term debt, excluding current maturities	10,231	8,486
Income taxes	1,068	1,228
Other noncurrent liabilities	1,661	978
Total liabilities	17,360	15,499
Shareholders' equity
Common stock, $0.10 par value	37	37
Additional paid-in capital	1,628	1,559
Retained earnings	11,748	10,765
Accumulated other comprehensive loss	(606)	(631)
Total shareholders' equity	12,807	11,730
Total liabilities & shareholders' equity	$ 30,167	$ 27,229