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Consolidated Statement of Financial Position - USD ($)
$ in Millions
Mar. 31, 2018
Dec. 31, 2017
Current assets:    
Cash and short-term investments $ 7,888 $ 8,261
Receivables - trade and other 7,894 7,436
Receivables - finance 8,772 8,757
Prepaid expenses and other current assets 1,856 1,772
Inventories 10,947 10,018
Total current assets 37,357 36,244
Property, plant and equipment - net 13,912 14,155
Long-term receivables - trade and other 1,004 990
Long-term receivables - finance 13,359 13,542
Noncurrent deferred and refundable income taxes 1,687 1,693
Intangible assets 2,163 2,111
Goodwill 6,376 6,200
Other assets 2,156 2,027
Total assets 78,014 76,962
Short-term borrowings:    
Machinery, Energy & Transportation 7 1
Financial Products 5,726 4,836
Accounts payable 6,938 6,487
Accrued expenses 3,551 3,220
Accrued wages, salaries and employee benefits 1,474 2,559
Customer advances 1,399 1,426
Dividends payable 0 466
Other current liabilities 1,890 1,742
Long-term debt due within one year:    
Machinery, Energy & Transportation 8 6
Financial Products 6,409 6,188
Total current liabilities 27,402 26,931
Long-term debt due after one year:    
Machinery, Energy & Transportation 7,980 7,929
Financial Products 15,185 15,918
Liability for postemployment benefits 8,233 8,365
Other liabilities 3,942 4,053
Total liabilities 62,742 63,196
Commitments and contingencies (Notes 10 and 13)
Shareholders' equity    
Common stock of $1.00 par value: Authorized shares: 2,000,000,000 Issued shares: (3/31/18 and 12/31/17 – 814,894,624) at paid-in amount 5,640 5,593
Treasury stock (3/31/18 – 216,989,724 shares; 12/31/17 – 217,268,852 shares) at cost (17,347) (17,005)
Profit employed in the business 27,929 26,301
Accumulated other comprehensive income (loss) (1,016) (1,192)
Noncontrolling interests 66 69
Total shareholders' equity 15,272 13,766
Total liabilities and shareholders' equity $ 78,014 $ 76,962