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Condensed Consolidated Balance Sheets (USD $)
In Millions, unless otherwise specified
Sep. 29, 2012
Dec. 31, 2011
ASSETS    
Cash and cash equivalents $ 1,051 $ 986
Accounts receivable, less allowance for doubtful accounts of $101 at both September 29, 2012 and December 31, 2011 1,350 1,367
Inventories 648 624
Deferred income taxes, net 232 232
Other current assets 156 182
Total current assets 3,437 3,391
Property, plant and equipment, at cost 2,597 2,454
Less accumulated depreciation (1,188) (1,066)
Net property, plant and equipment 1,409 1,388
Goodwill 2,967 2,953
Intangible assets, net 780 856
Other assets 426 417
TOTAL ASSETS 9,019 9,005
LIABILITIES AND SHAREHOLDERS' EQUITY    
Current debt obligations 540 83
Accounts payable 157 202
Dividends payable 73 67
Income taxes payable 29 1
Employee compensation and related benefits 282 305
Other current liabilities 437 403
Total current liabilities 1,518 1,061
Long-term debt 1,983 2,713
Deferred income taxes, net 246 279
Other liabilities 525 477
Total liabilities 4,272 4,530
Commitments and Contingencies (Note 6) 0 0
Shareholders' Equity    
Preferred stock ($1.00 par value; 25,000,000 shares authorized; none outstanding) 0 0
Common stock ($0.10 par value; 500,000,000 shares authorized; 315,554,553 and 319,615,965 shares issued and outstanding at September 29, 2012 and December 31, 2011, respectively) 32 32
Additional paid-in capital 126 43
Retained earnings 4,573 4,384
Accumulated other comprehensive income (loss):    
Cumulative translation adjustment (4) (2)
Unrealized gain on available-for-sale securities 20 18
Total shareholders' equity 4,747 4,475
TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY $ 9,019 $ 9,005