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Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Millions
Mar. 31, 2016
Dec. 31, 2015
Current assets:    
Cash and equivalents $ 9,593 $ 10,077
Receivables less allowance for bad debts 4,983 5,317
Inventories 2,893 2,993
Prepaid expenses 1,198 1,051
Other current assets 438 632
Total current assets 19,105 20,070
Property, plant, and equipment, net of accumulated depreciation 9,252 12,117
Goodwill 2,383 2,385
Other assets 3,192 2,370
Total assets 33,932 36,942
Current liabilities:    
Current maturities of long-term debt 3,186 659
Accounts payable 1,844 2,019
Accrued employee compensation and benefits 609 862
Liabilities for Macondo well incident 400 400
Other current liabilities 1,373 1,397
Total current liabilities 7,412 5,337
Long-term debt 12,207 14,687
Employee compensation and benefits 447 479
Other liabilities 806 944
Total liabilities 20,872 21,447
Shareholders' equity:    
Common shares, par value $2.50 per share 2,676 2,677
Paid-in capital in excess of par value 279 274
Accumulated other comprehensive loss (364) (363)
Retained earnings 17,958 20,524
Treasury stock, at cost (7,534) (7,650)
Company shareholders' equity 13,015 15,462
Noncontrolling interest in consolidated subsidiaries 45 33
Total shareholders' equity 13,060 15,495
Total liabilities and shareholders' equity $ 33,932 $ 36,942