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Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Millions
Mar. 31, 2023
Dec. 31, 2022
Current assets:    
Cash and cash equivalents $ 570 $ 928
Trade accounts receivable, net 2,076 1,970
Inventories 2,050 1,867
Prepaid income taxes 296 264
Other current assets 711 731
Total current assets 5,704 5,760
Property, plant and equipment, net 2,478 2,446
Goodwill 13,269 12,920
Other intangible assets, net 6,060 5,902
Deferred tax assets 3,900 3,942
Other long-term assets 1,482 1,500
TOTAL ASSETS 32,892 32,469
Current liabilities:    
Current debt obligations 510 20
Accounts payable 868 862
Accrued expenses 1,918 2,160
Other current liabilities 787 761
Total current liabilities 4,083 3,803
Long-term debt 8,495 8,915
Deferred income taxes 210 144
Other long-term liabilities 1,995 2,035
Commitments and contingencies
Stockholders’ equity    
Preferred stock, $0.01 par value - authorized 50,000,000 shares - issued 10,062,500 shares as of March 31, 2023 and December 31, 2022 0 0
Common stock, $0.01 par value - authorized 2,000,000,000 shares - issued 1,700,828,873 shares as of March 31, 2023 and 1,696,633,993 shares as of December 31, 2022 17 17
Treasury stock, at cost - 263,289,848 shares as of March 31, 2023 and December 31, 2022 (2,251) (2,251)
Additional paid-in capital 20,356 20,289
Accumulated deficit (450) (750)
Accumulated other comprehensive income (loss), net of tax 178 269
Total stockholders’ equity 17,850 17,573
Noncontrolling interests 259 0
Total equity 18,109 17,573
TOTAL LIABILITIES AND EQUITY $ 32,892 $ 32,469