CONSOLIDATED BALANCE SHEET - USD ($) $ in Millions	Sep. 30, 2022	Dec. 31, 2021
Current Assets:
Cash and cash equivalents	$ 538	$ 711
Restricted cash	10	4
Trade receivables	2,031	1,906
Inventories:
Raw materials	1,092	854
Work in process	403	287
Finished goods	1,627	1,375
Total Inventories	3,122	2,516
Assets held for sale	0	1,122
Prepaid expenses and other current assets	793	728
Total Current Assets	6,494	6,987
Property, plant and equipment, at cost	6,033	6,161
Accumulated depreciation	(1,978)	(1,793)
Total Property Plant and Equipment	4,055	4,368
Goodwill	13,305	16,414
Other intangible assets, net	9,386	10,506
Operating lease right-of-use assets	634	767
Other assets	663	616
Total Assets	34,537	39,658
Current Liabilities:
Bank borrowings, overdrafts, and current portion of long-term debt	308	308
Commercial paper	204	324
Accounts payable	1,527	1,532
Accrued payroll and bonus	253	335
Dividends payable	206	201
Liabilities held for sale	0	101
Other current liabilities	1,128	832
Total Current Liabilities	3,626	3,633
Long-term debt	10,260	10,768
Retirement liabilities	354	385
Deferred income taxes	2,280	2,518
Operating lease liability	556	670
Other liabilities	472	462
Total Other Liabilities	13,922	14,803
Commitments and Contingencies
Redeemable noncontrolling interests	68	105
Shareholders' Equity:
Common Stock, Value, Issued	35	35
Capital in excess of par value	19,832	19,826
Retained earnings	1,186	3,641
Accumulated other comprehensive loss	$ (3,187)	$ (1,423)
Treasury Stock, Shares	20,776,999	21,152,645
Treasury Stock, Value	$ (979)	$ (997)
Total Shareholders’ Equity	16,887	21,082
Noncontrolling interest	34	35
Total Shareholders’ Equity including Noncontrolling interest	16,921	21,117
Total Liabilities and Shareholders’ Equity	$ 34,537	$ 39,658