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CONSOLIDATED CONDENSED BALANCE SHEETS - USD ($)
$ in Millions
Jun. 30, 2017
Dec. 31, 2016
CURRENT ASSETS    
Cash and cash equivalents $ 2,218 $ 2,233
Trade receivables, net 3,913 3,989
Inventories 920 866
Assets held for sale 558  
Other current assets 466 1,340
Total current assets 8,075 8,428
INVESTMENTS IN UNCONSOLIDATED ENTITIES 1,572 1,401
PROPERTY, PLANT AND EQUIPMENT, net of accumulated depreciation, depletion and amortization of $37,330 at June 30, 2017 and $38,956 at December 31, 2016 31,466 32,337
LONG-TERM RECEIVABLES AND OTHER ASSETS, NET 869 943
TOTAL ASSETS 41,982 43,109
CURRENT LIABILITIES    
Current maturities of long-term debt 500  
Accounts payable 3,825 3,926
Accrued liabilities 2,050 2,436
Liabilities of assets held for sale 16  
Total current liabilities 6,391 6,362
LONG-TERM DEBT, NET 9,324 9,819
DEFERRED CREDITS AND OTHER LIABILITIES    
Deferred domestic and foreign income taxes 1,059 1,132
Other 4,171 4,299
Total deferred credits and other liabilities 5,230 5,431
STOCKHOLDERS' EQUITY    
Common stock, at par value (892,647,217 shares at June 30, 2017 and 892,214,604 shares at December 31, 2016) 179 178
Treasury stock (128,074,134 shares at June 30, 2017 and 127,977,306 shares at December 31, 2016) (9,149) (9,143)
Additional paid-in capital 7,824 7,747
Retained earnings 22,435 22,981
Accumulated other comprehensive loss (252) (266)
Total stockholders' equity 21,037 21,497
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY $ 41,982 $ 43,109