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Consolidated Financial Position - USD ($)
$ in Millions
Dec. 31, 2016
Dec. 31, 2015
Current assets:    
Cash and short-term investments $ 7,168 $ 6,460
Receivables - trade and other 5,981 6,695
Receivables - finance 8,522 8,991
Prepaid expenses and other current assets 1,682 1,662
Inventories 8,614 9,700
Total current assets 31,967 33,508
Property, plant and equipment - net 15,322 16,090
Long-term receivables - trade and other 1,029 1,170
Long-term receivables - finance 13,556 13,651
Noncurrent deferred and refundable income taxes 2,790 2,489
Intangible assets 2,349 2,821
Goodwill 6,020 6,615
Other assets 1,671 1,998
Total assets 74,704 78,342
Short-term borrowings:    
Machinery, Energy & Transportation 209 9
Financial Products 7,094 6,958
Accounts payable 4,614 5,023
Accrued expenses 3,003 3,116
Accrued wages, salaries and employee benefits 1,296 1,994
Customer advances 1,167 1,146
Dividends payable 452 448
Other current liabilities 1,635 1,671
Long-term debt due within one year:    
Machinery, Energy & Transportation 507 517
Financial Products 6,155 5,360
Total current liabilities 26,132 26,242
Long-term debt due after one year:    
Machinery, Energy & Transportation 8,436 8,960
Financial Products 14,382 16,209
Liability for postemployment benefits 9,357 8,843
Other liabilities 3,184 3,203
Total liabilities 61,491 63,457
Commitments and contingencies (Notes 21 and 22)
Stockholders' equity    
Common stock of $1.00 par value: Authorized shares: 2,000,000,000 Issued shares: (2016 and 2015 – 814,894,624 shares) at paid-in amount 5,277 5,238
Treasury stock: (2016 – 228,408,600 shares; and 2015 – 232,572,734 shares) at cost (17,478) (17,640)
Profit employed in the business 27,377 29,246
Accumulated other comprehensive income (loss) (2,039) (2,035)
Noncontrolling interests 76 76
Total stockholders' equity 13,213 14,885
Total liabilities and stockholders' equity $ 74,704 $ 78,342