Consolidated Balance Sheets - USD ($) $ in Millions	Jul. 01, 2018	Dec. 31, 2017
Current assets:
Cash and cash equivalents	$ 17,569	$ 17,824
Marketable securities	570	472
Accounts receivable, trade, less allowances for doubtful accounts $269 (2017, $291)	14,111	13,490
Inventories (Note 2)	8,810	8,765
Prepaid expenses and other	2,569	2,537
Assets held for sale (Note 10)	1,809	0
Total current assets	45,438	43,088
Property, plant and equipment at cost	41,293	41,466
Less: accumulated depreciation	(24,661)	(24,461)
Property, plant and equipment, net	16,632	17,005
Intangible assets, net (Note 3)	50,056	53,228
Goodwill (Note 3)	30,346	31,906
Deferred taxes on income	8,472	7,105
Other assets	4,421	4,971
Total assets	155,365	157,303
Current liabilities:
Loans and notes payable	2,678	3,906
Accounts payable	6,516	7,310
Accrued liabilities	6,394	7,304
Accrued rebates, returns and promotions	8,717	7,210
Accrued compensation and employee related obligations	2,255	2,953
Accrued taxes on income	928	1,854
Total current liabilities	27,488	30,537
Long-term debt (Note 4)	29,405	30,675
Deferred taxes on income	7,666	8,368
Employee related obligations	9,989	10,074
Accrued Income Taxes, Noncurrent	8,647	8,472
Other liabilities	9,281	9,017
Total liabilities	92,476	97,143
Shareholders’ equity:
Common stock — par value $1.00 per share (authorized 4,320,000,000 shares; issued 3,119,843,000 shares)	3,120	3,120
Accumulated other comprehensive income (loss) (Note 7)	(14,777)	(13,199)
Retained earnings	106,123	101,793
Less: common stock held in treasury, at cost (437,542,000 and 437,318,000 shares)	31,577	31,554
Total shareholders’ equity	62,889	60,160
Total liabilities and shareholders' equity	$ 155,365	$ 157,303