Consolidated Balance Sheet (Unaudited) - USD ($) $ in Millions	Jun. 27, 2020	Dec. 31, 2019
Current Assets:
Cash and cash equivalents	$ 5,818	$ 2,399
Accounts receivable, less allowances of $113 and $102	4,478	4,349
Inventories	3,648	3,370
Contract assets, net	686	603
Other current assets	1,145	1,172
Total current assets	15,775	11,893
Property, Plant and Equipment, Net	4,887	4,749
Acquisition-related Intangible Assets, Net	13,170	14,014
Other Assets	2,061	2,011
Goodwill	25,700	25,714
Total Assets	61,593	58,381
Current Liabilities:
Short-term obligations and current maturities of long-term obligations	675	676
Accounts payable	1,385	1,920
Accrued payroll and employee benefits	1,184	1,010
Contract liabilities	975	916
Other accrued expenses	1,794	1,675
Total current liabilities	6,013	6,197
Deferred Income Taxes	1,750	2,192
Other Long-term Liabilities	3,317	3,241
Long-term Obligations	20,638	17,076
Shareholders' Equity:
Preferred stock, $100 par value, 50,000 shares authorized; none issued
Common stock, $1 par value, 1,200,000,000 shares authorized; 435,885,737 and 434,416,804 shares issued	436	434
Capital in excess of par value	15,334	15,064
Retained earnings	23,860	22,092
Treasury stock at cost, 40,296,337 and 35,676,421 shares	(6,766)	(5,236)
Accumulated other comprehensive items	(2,989)	(2,679)
Total shareholders' equity	29,875	29,675
Total Liabilities and Shareholders' Equity	$ 61,593	$ 58,381