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Consolidated Statement of Financial Position - USD ($)
$ in Millions
Jun. 30, 2019
Dec. 31, 2018
Current assets:    
Cash and short-term investments $ 7,429 $ 7,857
Receivables - trade and other 8,996 8,802
Receivables - finance 9,539 8,650
Prepaid expenses and other current assets 1,818 1,765
Inventories 12,007 11,529
Total current assets 39,789 38,603
Property, plant and equipment - net 13,172 13,574
Long-term receivables - trade and other 1,154 1,161
Long-term receivables - finance 12,461 13,286
Noncurrent deferred and refundable income taxes 1,473 1,439
Intangible assets 1,733 1,897
Goodwill 6,211 6,217
Other assets 3,194 2,332
Total assets 79,187 78,509
Short-term borrowings:    
Machinery, Energy & Transportation 0 0
Financial Products 5,266 5,723
Accounts payable 7,022 7,051
Accrued expenses 3,789 3,573
Accrued wages, salaries and employee benefits 1,411 2,384
Customer advances 1,263 1,243
Dividends payable 579 495
Other current liabilities 2,157 1,919
Long-term debt due within one year:    
Machinery, Energy & Transportation 13 10
Financial Products 6,235 5,820
Total current liabilities 27,735 28,218
Long-term debt due after one year:    
Machinery, Energy & Transportation 7,657 8,005
Financial Products 17,107 16,995
Liability for postemployment benefits 7,448 7,455
Other liabilities 4,362 3,756
Total liabilities 64,309 64,429
Commitments and contingencies (Notes 10 and 13)
Shareholders' equity    
Common stock of $1.00 par value: Authorized shares: 2,000,000,000 Issued shares: (6/30/2019 and 12/31/18 – 814,894,624) at paid-in amount 5,822 5,827
Treasury stock (6/30/19 – 252,305,433 shares; 12/31/18 – 239,351,886 shares) at cost (22,467) (20,531)
Profit employed in the business 32,981 30,427
Accumulated other comprehensive income (loss) (1,499) (1,684)
Noncontrolling interests 41 41
Total shareholders' equity 14,878 14,080
Total liabilities and shareholders' equity $ 79,187 $ 78,509