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Condensed Consolidated Balance Sheets (USD $)
In Millions, unless otherwise specified
Mar. 31, 2012
Dec. 31, 2011
ASSETS    
Cash and cash equivalents $ 1,053 $ 986
Accounts receivable, less allowance for doubtful accounts of $105 at March 31, 2012 and $101 at December 31, 2011 1,418 1,367
Inventories 626 624
Deferred income taxes, net 231 232
Other current assets 191 182
Total current assets 3,519 3,391
Property, plant and equipment, at cost 2,532 2,454
Less accumulated depreciation (1,119) (1,066)
Net property, plant and equipment 1,413 1,388
Goodwill 2,958 2,953
Intangible assets, net 848 856
Other assets 438 417
TOTAL ASSETS 9,176 9,005
LIABILITIES AND SHAREHOLDERS' EQUITY    
Current debt obligations 78 83
Accounts payable 177 202
Dividends payable 72 67
Income taxes payable 46 1
Employee compensation and related benefits 271 305
Other current liabilities 420 403
Total current liabilities 1,064 1,061
Long-term debt 2,908 2,713
Deferred income taxes, net 270 279
Other liabilities 517 477
Total liabilities 4,759 4,530
Commitments and Contingencies (Note 6)      
Shareholders' Equity    
Preferred stock ($1.00 par value; 25,000,000 shares authorized; none outstanding)      
Common stock ($0.10 par value; 500,000,000 shares authorized; 313,792,911 and 319,615,965 shares issued and outstanding at March 31, 2012 and December 31, 2011, respectively) 31 32
Additional paid-in capital 34 43
Retained earnings 4,298 4,384
Accumulated other comprehensive income (loss):    
Cumulative translation adjustment 36 (2)
Unrealized gain on available-for-sale securities 18 18
Total shareholders' equity 4,417 4,475
TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY $ 9,176 $ 9,005