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Consolidated Statement of Financial Position - USD ($)
$ in Millions
Sep. 30, 2019
Dec. 31, 2018
Current assets:    
Cash and short-term investments $ 7,906 $ 7,857
Receivables - trade and other 8,275 8,802
Receivables - finance 9,192 8,650
Prepaid expenses and other current assets 1,607 1,765
Inventories 12,180 11,529
Total current assets 39,160 38,603
Property, plant and equipment - net 12,842 13,574
Long-term receivables - trade and other 1,193 1,161
Long-term receivables - finance 12,412 13,286
Noncurrent deferred and refundable income taxes 1,372 1,439
Intangible assets 1,630 1,897
Goodwill 6,142 6,217
Other assets 3,242 2,332
Total assets 77,993 78,509
Short-term borrowings:    
Machinery, Energy & Transportation 0 0
Financial Products 4,268 5,723
Accounts payable 6,141 7,051
Accrued expenses 3,727 3,573
Accrued wages, salaries and employee benefits 1,518 2,384
Customer advances 1,309 1,243
Dividends payable 0 495
Other current liabilities 2,188 1,919
Long-term debt due within one year:    
Machinery, Energy & Transportation 25 10
Financial Products 8,025 5,820
Total current liabilities 27,201 28,218
Long-term debt due after one year:    
Machinery, Energy & Transportation 9,134 8,005
Financial Products 16,454 16,995
Liability for postemployment benefits 5,900 7,455
Other liabilities 4,311 3,756
Total liabilities 63,000 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: (9/30/2019 and 12/31/18 – 814,894,624) at paid-in amount 5,951 5,827
Treasury stock (9/30/19 – 262,236,237 shares; 12/31/18 – 239,351,886 shares) at cost (23,693) (20,531)
Profit employed in the business 34,477 30,427
Accumulated other comprehensive income (loss) (1,783) (1,684)
Noncontrolling interests 41 41
Total shareholders' equity 14,993 14,080
Total liabilities and shareholders' equity $ 77,993 $ 78,509