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Condensed Consolidated Balance Sheets (Unaudited) (USD $)
In Millions, unless otherwise specified
Jun. 30, 2014
Dec. 31, 2013
Current assets:    
Cash and equivalents $ 2,360 $ 2,356
Receivables less allowance for bad debts 6,781 6,181
Inventories 3,529 3,305
Other current assets 1,495 1,862
Total current assets 14,165 13,704
Property, plant, and equipment, net of accumulated depreciation 11,677 11,322
Goodwill 2,267 2,168
Other assets 2,375 2,029
Total assets 30,484 29,223
Current liabilities:    
Accounts payable 2,727 2,365
Accrued employee compensation and benefits 940 1,029
Loss contingency related to Macondo well (current) 278 278
Other current liabilities 1,424 1,354
Total current liabilities 5,369 5,026
Long-term debt 7,816 7,816
Loss contingency related to Macondo well incident (non-current) 1,022 1,022
Employee compensation and benefits 583 584
Other liabilities 1,107 1,160
Total liabilities 15,897 15,608
Shareholders' equity:    
Common shares, par value $2.50 per share - authorized 2,000 shares, issued 1,072 and 1,073 shares 2,679 2,680
Paid-in capital in excess of par value 244 415
Accumulated other comprehensive loss (303) (307)
Retained earnings 19,984 18,842
Treasury stock, at cost (8,042) (8,049)
Company shareholders' equity 14,562 13,581
Noncontrolling interest in consolidated subsidiaries 25 34
Total shareholders' equity 14,587 13,615
Total liabilities and shareholders' equity $ 30,484 $ 29,223