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Consolidated Statement of Financial Position - USD ($)
$ in Millions
Jun. 30, 2023
Dec. 31, 2022
Current assets:    
Cash and cash equivalents $ 7,387 $ 7,004
Receivables – trade and other 9,416 8,856
Receivables – finance 9,288 9,013
Prepaid expenses and other current assets 3,163 2,642
Inventories 17,746 16,270
Total current assets 47,000 43,785
Property, plant and equipment – net 12,124 12,028
Long-term receivables – trade and other 1,161 1,265
Long-term receivables – finance 12,022 12,013
Noncurrent deferred and refundable income taxes 2,607 2,213
Intangible assets 630 758
Goodwill 5,293 5,288
Other assets 4,590 4,593
Total assets 85,427 81,943
Short-term borrowings:    
Accounts payable 8,443 8,689
Accrued expenses 4,493 4,080
Accrued wages, salaries and employee benefits 1,755 2,313
Customer advances 2,137 1,860
Dividends payable 663 620
Other current liabilities 3,109 2,690
Long-term debt due within one year:    
Total current liabilities 35,314 31,531
Long-term debt due after one year:    
Liability for postemployment benefits 4,084 4,203
Other liabilities 4,788 4,604
Total liabilities 67,171 66,052
Commitments and contingencies (Notes 11 and 14)
Shareholders’ equity    
Common stock, authorized and issued 6,478 6,560
Treasury stock: (6/30/23 – 304,751,527 shares; 12/31/22 – 298,549,134 shares) at cost (33,391) (31,748)
Profit employed in the business 47,094 43,514
Accumulated other comprehensive income (loss) (1,946) (2,457)
Noncontrolling interests 21 22
Total shareholders’ equity 18,256 15,891
Total liabilities and shareholders’ equity 85,427 81,943
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 1,043 120
Long-term debt due after one year:    
Long-term Debt due after one year 8,535 9,498
Financial Products    
Short-term borrowings:    
Short-term borrowings 5,548 5,954
Long-term debt due within one year:    
Long-term debt due within one year 8,123 5,202
Long-term debt due after one year:    
Long-term Debt due after one year $ 14,450 $ 16,216