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Consolidated Statement of Financial Position - USD ($)
$ in Millions
Mar. 31, 2023
Dec. 31, 2022
Current assets:    
Cash and cash equivalents $ 6,789 $ 7,004
Receivables - trade and other 9,230 8,856
Receivables - finance 9,119 9,013
Prepaid expenses and other current assets 2,889 2,642
Inventories 17,633 16,270
Total current assets 45,660 43,785
Property, plant and equipment - net 11,973 12,028
Long-term receivables - trade and other 1,209 1,265
Long-term receivables - finance 11,845 12,013
Noncurrent deferred and refundable income taxes 2,405 2,213
Intangible assets 694 758
Goodwill 5,309 5,288
Other assets 4,554 4,593
Total assets 83,649 81,943
Short-term borrowings:    
Accounts payable 8,951 8,689
Accrued expenses 4,121 4,080
Accrued wages, salaries and employee benefits 1,368 2,313
Customer advances 2,202 1,860
Dividends payable 0 620
Other current liabilities 3,035 2,690
Long-term debt due within one year:    
Total current liabilities 31,842 31,531
Long-term debt due after one year:    
Liability for postemployment benefits 4,069 4,203
Other liabilities 4,695 4,604
SPC liabilities in consolidated statement 65,479 66,052
Commitments and contingencies (Notes 11 and 14)
Shareholders' equity    
Authorized shares: 2,000,000,000 Issued shares: (3/31/23 and 12/31/22 – 814,894,624) at paid-in amount 6,546 6,560
Treasury stock: (3/31/23 – 298,974,563 shares; 12/31/22 – 298,549,134 shares) at cost (32,108) (31,748)
Profit employed in the business 45,457 43,514
Accumulated other comprehensive income (loss) (1,746) (2,457)
Noncontrolling interests 21 22
Total shareholders' equity 18,170 15,891
Total liabilities and shareholders' equity $ 83,649 $ 81,943
Common stock, par value (in dollars per share) $ 1.00 $ 1.00
Common stock, Authorized shares 2,000,000,000 2,000,000,000
Common stock, Issued shares 814,894,624 814,894,624
Treasury stock, shares 298,974,563 298,549,134
Machinery, Energy & Transportation    
Short-term borrowings:    
Short-term borrowings $ 0 $ 3
Long-term debt due within one year:    
Long-term debt due within one year 37 120
Long-term debt due after one year:    
Long-term Debt due after one year 9,558 9,498
Financial Products    
Short-term borrowings:    
Short-term borrowings 5,841 5,954
Long-term debt due within one year:    
Long-term debt due within one year 6,287 5,202
Long-term debt due after one year:    
Long-term Debt due after one year $ 15,315 $ 16,216