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Condensed Consolidated Balance Sheets (Unaudited) (USD $)
In Millions, unless otherwise specified
Mar. 31, 2012
Dec. 31, 2011
Current assets:    
Cash and equivalents $ 2,655 $ 2,698
Receivables (less allowance for bad debts of $120 and $137) 5,336 5,084
Inventories 2,916 2,570
Current deferred income taxes 317 321
Other current assets 794 904
Total current assets 12,018 11,577
Property, plant, and equipment, net of accumulated depreciation of $7,393 and $7,096 8,897 8,492
Goodwill 1,966 1,776
Other assets 1,787 1,832
Total assets 24,668 23,677
Current liabilities:    
Accounts payable 1,941 1,826
Accrued employee compensation and benefits 693 862
Deferred revenue 318 309
Other current liabilities 1,358 1,124
Total current liabilities 4,310 4,121
Long-term debt 4,820 4,820
Employee compensation and benefits 509 534
Other liabilities 1,165 986
Total liabilities 10,804 10,461
Shareholders' equity:    
Common shares, par value $2.50 per share - authorized 2,000 shares, issued1,073 shares 2,683 2,683
Paid-in capital in excess of par value 478 455
Accumulated other comprehensive loss (266) (273)
Retained earnings 15,424 14,880
Treasury stock, at cost - 150 and 152 shares (4,475) (4,547)
Company shareholders' equity 13,844 13,198
Noncontrolling interest in consolidated subsidiaries 20 18
Total shareholders' equity 13,864 13,216
Total liabilities and shareholders' equity $ 24,668 $ 23,677