Consolidated Statement of Financial Position - USD ($) $ in Millions	Mar. 31, 2020	Dec. 31, 2019
Current assets:
Cash and short-term investments	$ 7,123	$ 8,284
Receivables - trade and other	7,834	8,568
Receivables - finance	9,120	9,336
Prepaid expenses and other current assets	1,761	1,739
Inventories	11,748	11,266
Total current assets	37,586	39,193
Property, plant and equipment - net	12,488	12,904
Long-term receivables - trade and other	1,196	1,193
Long-term receivables - finance	12,021	12,651
Noncurrent deferred and refundable income taxes	1,426	1,411
Intangible assets	1,478	1,565
Goodwill	6,140	6,196
Other assets	3,559	3,340
Total assets	75,894	78,453
Short-term borrowings:
Machinery, Energy & Transportation	0	5
Financial Products	4,789	5,161
Accounts payable	5,769	5,957
Accrued expenses	3,776	3,750
Accrued wages, salaries and employee benefits	878	1,629
Customer advances	1,295	1,187
Dividends payable	0	567
Other current liabilities	2,074	2,155
Long-term debt due within one year:
Machinery, Energy & Transportation	143	16
Financial Products	7,792	6,194
Total current liabilities	26,516	26,621
Long-term debt due after one year:
Machinery, Energy & Transportation	8,998	9,141
Financial Products	15,371	17,140
Liability for postemployment benefits	6,333	6,599
Other liabilities	4,437	4,323
Total liabilities	61,655	63,824
Commitments and contingencies (Notes 11 and 14)
Shareholders' equity
Common stock of $1.00 par value: Authorized shares: 2,000,000,000 Issued shares: (3/31/2020 and 12/31/19 – 814,894,624) at paid-in amount	6,046	5,935
Treasury stock (3/31/20 – 272,943,115 shares; 12/31/19 – 264,812,014 shares) at cost	(25,341)	(24,217)
Profit employed in the business	35,504	34,437
Accumulated other comprehensive income (loss)	(2,012)	(1,567)
Noncontrolling interests	42	41
Total shareholders' equity	14,239	14,629
Total liabilities and shareholders' equity	$ 75,894	$ 78,453