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CONSOLIDATED BALANCE SHEET - USD ($)
$ in Millions
Sep. 30, 2025
Dec. 31, 2024
Current Assets:    
Cash, cash equivalents and restricted cash $ 621 $ 469
Trade receivables, net 1,869 1,624
Inventories 2,323 2,133
Assets held for sale 152 3,056
Prepaid expenses and other current assets 911 686
Total Current Assets 5,876 7,968
Property, plant and equipment, net 3,868 3,739
Goodwill 8,264 9,075
Other intangible assets, net 6,183 6,445
Operating lease right-of-use assets 595 589
Other assets 982 907
Total Assets 25,768 28,723
Current Liabilities:    
Short-term debt and current portion of long-term debt 1,308 1,413
Accounts payable 1,284 1,283
Accrued payroll and bonus 287 420
Dividends payable 102 102
Liabilities held for sale 44 332
Other current liabilities 1,044 802
Total Current Liabilities 4,069 4,352
Long-term debt 4,741 7,564
Retirement liabilities 181 167
Deferred income taxes 1,345 1,594
Operating lease liability 548 550
Other liabilities 611 627
Total Other Liabilities 7,426 10,502
Commitments and Contingencies
Shareholders' Equity:    
Common Stock, Value, Issued 35 35
Capital in excess of par value 19,929 19,917
Accumulated deficit (3,345) (2,647)
Accumulated other comprehensive loss (1,463) (2,527)
Treasury stock, at cost (19.4 and 20.0 shares as of September 30, 2025 and December 31, 2024, respectively) (915) (944)
Total Shareholders’ Equity 14,241 13,834
Non-controlling interests 32 35
Total Shareholders’ Equity including Non-controlling interests 14,273 13,869
Total Liabilities and Shareholders’ Equity $ 25,768 $ 28,723