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Condensed Consolidated Balance Sheets (Unaudited) (USD $)
In Millions, unless otherwise specified
Sep. 30, 2014
Dec. 31, 2013
Current assets:    
Cash and equivalents $ 2,029 $ 2,356
Receivables less allowance for bad debts 7,555 6,181
Inventories 3,650 3,305
Other current assets 1,613 1,862
Total current assets 14,847 13,704
Property, plant, and equipment, net of accumulated depreciation 12,050 11,322
Goodwill 2,312 2,168
Other assets 2,374 2,029
Total assets 31,583 29,223
Current liabilities:    
Accounts payable 3,005 2,365
Accrued employee compensation and benefits 986 1,029
Loss contingency related to Macondo well (current) 395 278
Other current liabilities 1,503 1,354
Total current liabilities 5,889 5,026
Long-term debt 7,816 7,816
Loss contingency related to Macondo well incident (non-current) 805 1,022
Employee compensation and benefits 580 584
Other liabilities 975 1,160
Total liabilities 16,065 15,608
Shareholders' equity:    
Common shares, par value $2.50 per share - authorized 2,000 shares, issued 1,072 shares 2,679 2,680
Paid-in capital in excess of par value 299 415
Accumulated other comprehensive loss (307) (307)
Retained earnings 21,060 18,842
Treasury stock, at cost (8,240) (8,049)
Company shareholders' equity 15,491 13,581
Noncontrolling interest in consolidated subsidiaries 27 34
Total shareholders' equity 15,518 13,615
Total liabilities and shareholders' equity $ 31,583 $ 29,223