CONSOLIDATED BALANCE SHEETS - USD ($) $ in Millions	Jun. 30, 2015	Dec. 31, 2014
Current assets:
Cash and cash equivalents	$ 5,803	$ 6,343
Short-term investments	1,939	1,978
Accounts and notes receivable, less allowance for doubtful accounts of $71 and $72	3,345	4,413
Inventories	1,224	1,276
Deferred income taxes	1,061	1,070
Other current assets	715	653
Total current assets	14,087	15,733
Long-term investments	7,041	6,334
Property, plant and equipment, net	3,788	3,766
Intangible assets, net	1,953	2,125
Goodwill	16,185	16,134
Other assets, net	1,813	1,767
Total assets	44,867	45,859
Current liabilities:
Accounts payable	1,219	1,696
Accrued expenses	2,823	3,141
Income taxes payable	160	852
Short-term debt (See Note 4)	1,948	0
Deferred revenue	6,357	6,021
Total current liabilities	12,507	11,710
Income taxes payable	318	306
Deferred revenue	4,344	4,144
Deferred income taxes	230	274
Long-term debt (See Note 4)	5,472	5,469
Other liabilities	434	431
Total liabilities	$ 23,305	$ 22,334
Commitments and contingencies (See Note 13)
Shareholders’ equity:
Preferred stock, par value $0.01; authorized 25 shares; none outstanding	$ 0	$ 0
Common stock, par value $0.01; authorized 6,000 shares; issued and outstanding 1,925 and 1,985 shares	19	20
Additional paid-in capital	0	0
Retained earnings	20,516	22,242
Accumulated other comprehensive loss, net	(458)	(366)
Total EMC Corporation’s shareholders’ equity	20,077	21,896
Non-controlling interests	1,485	1,629
Total shareholders’ equity	21,562	23,525
Total liabilities and shareholders’ equity	$ 44,867	$ 45,859