Consolidated Financial Position - USD ($) $ in Millions	Dec. 31, 2017	Dec. 31, 2016
Current assets:
Cash and short-term investments	$ 8,261	$ 7,168
Receivables - trade and other	7,436	5,981
Receivables - finance	8,757	8,522
Prepaid expenses and other current assets	1,772	1,682
Inventories	10,018	8,614
Total current assets	36,244	31,967
Property, plant and equipment - net	14,155	15,322
Long-term receivables - trade and other	990	1,029
Long-term receivables - finance	13,542	13,556
Noncurrent deferred and refundable income taxes	1,693	2,790
Intangible assets	2,111	2,349
Goodwill	6,200	6,020
Other assets	2,027	1,671
Total assets	76,962	74,704
Short-term borrowings:
Machinery, Energy & Transportation	1	209
Financial Products	4,836	7,094
Accounts payable	6,487	4,614
Accrued expenses	3,220	3,003
Accrued wages, salaries and employee benefits	2,559	1,296
Customer advances	1,193	1,167
Dividends payable	466	452
Other current liabilities	1,975	1,635
Long-term debt due within one year:
Machinery, Energy & Transportation	6	507
Financial Products	6,188	6,155
Total current liabilities	26,931	26,132
Long-term debt due after one year:
Machinery, Energy & Transportation	7,929	8,436
Financial Products	15,918	14,382
Liability for postemployment benefits	8,365	9,357
Other liabilities	4,053	3,184
Total liabilities	63,196	61,491
Commitments and contingencies (Notes 21 and 22)
Shareholders' equity
Common stock of $1.00 par value: Authorized shares: 2,000,000,000 Issued shares: (2017 and 2016 – 814,894,624 shares) at paid-in amount	5,593	5,277
Treasury stock: (2017 – 217,268,852 shares; and 2016 – 228,408,600 shares) at cost	(17,005)	(17,478)
Profit employed in the business	26,301	27,377
Accumulated other comprehensive income (loss)	(1,192)	(2,039)
Noncontrolling interests	69	76
Total stockholders' equity	13,766	13,213
Total liabilities and stockholders' equity	$ 76,962	$ 74,704