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Consolidated Balance Sheets (USD $)
In Millions, unless otherwise specified
Dec. 31, 2012
Dec. 31, 2011
Current assets:    
Cash and equivalents $ 2,484 $ 2,698
Receivables (less allowance for bad debts of $92 and $137) 5,787 5,084
Inventories 3,186 2,570
Current deferred income taxes 351 321
Other current assets 1,278 904
Total current assets 13,086 11,577
Property, plant, and equipment, net of accumulated depreciation of $8,056 and $7,096 10,257 8,492
Goodwill 2,135 1,776
Other assets 1,932 1,832
Total assets 27,410 23,677
Current liabilities:    
Accounts payable 2,041 1,826
Accrued employee compensation and benefits 930 862
Deferred revenue 307 309
Other current liabilities 1,474 1,124
Total current liabilities 4,752 4,121
Long-term debt 4,820 4,820
Employee compensation and benefits 607 534
Other liabilities 1,441 986
Total liabilities 11,620 10,461
Shareholders’ equity:    
Common shares, par value $2.50 per share – authorized 2,000 shares, issued 1,073 and 1,073 shares 2,682 2,683
Paid-in capital in excess of par value 486 455
Accumulated other comprehensive loss (309) (273)
Retained earnings 17,182 14,880
Treasury stock, at cost – 144 and 152 shares (4,276) (4,547)
Company shareholders’ equity 15,765 13,198
Noncontrolling interest in consolidated subsidiaries 25 18
Total shareholders’ equity 15,790 13,216
Total liabilities and shareholders’ equity $ 27,410 $ 23,677