CONSOLIDATED BALANCE SHEETS - USD ($) $ in Millions	Jun. 30, 2023	Dec. 31, 2022
Current assets
Cash and cash equivalents	$ 1,401	$ 1,844
Marketable securities	77	84
Accounts receivable, less allowance of $181 ($154 in 2022)	3,261	3,565
Inventories:
Materials and supplies	1,221	1,006
Work in process	391	348
Finished goods	2,981	2,641
Total inventories	4,593	3,995
Prepaid expenses and other current assets	819	787
Total current assets	10,151	10,275
Property, plant and equipment:
Land, buildings and improvements	1,646	1,739
Machinery and equipment	4,441	4,066
Total property, plant and equipment	6,087	5,805
Less allowance for depreciation	3,005	2,835
Property, plant and equipment, net	3,082	2,970
Goodwill	15,172	14,880
Other intangibles, net	4,917	4,885
Noncurrent deferred income tax assets	1,439	1,410
Other noncurrent assets	2,648	2,464
Total assets	37,409	36,884
Current liabilities
Accounts payable	1,326	1,413
Accrued compensation	929	1,149
Income taxes	298	292
Dividends payable	284	284
Accrued product liabilities	220	230
Accrued expenses and other liabilities	1,729	1,744
Current maturities of debt	1,798	1,191
Total current liabilities	6,584	6,303
Long-term debt, excluding current maturities	11,149	11,857
Income taxes	469	641
Other noncurrent liabilities	1,846	1,467
Total liabilities	20,048	20,268
Shareholders' equity
Common stock, $0.10 par value	38	38
Additional paid-in capital	2,127	2,034
Retained earnings	15,526	14,765
Accumulated other comprehensive loss	(330)	(221)
Total shareholders' equity	17,361	16,616
Total liabilities and shareholders' equity	$ 37,409	$ 36,884