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Consolidated Balance Sheets - USD ($)
$ in Millions
Dec. 31, 2023
Dec. 31, 2022
Cash and Cash Equivalents $ 2,644 $ 3,191
Marketable Securities 98 124
Accounts and notes receivable - net 5,488 5,701
Inventories 6,899 6,811
Other current assets 1,131 968
Total current assets 16,260 16,795
Investments in nonconsolidated affiliates 115 102
Property, Plant and Equipment 8,956 8,551
Accumulated Depreciation 4,669 4,297
Net Property, Plant and Equipment 4,287 4,254
Goodwill 10,605 9,962
Other intangible assets 9,626 [1] 9,339
Deferred Income Taxes 584 479
Other Assets 1,519 1,687
Assets 42,996 42,618
Short-term borrowings and finance lease obligations 198 24
Accounts Payable 4,280 4,895
Income Taxes Payable 174 183
Deferred Revenue 3,406 3,388
Accrued and other current liabilities 2,351 2,254
Total current liabilities 10,409 10,744
Long-term Debt 2,291 1,283
Deferred Income Tax Liabilities 899 1,119
Pension and other post employment benefits - noncurrent 2,467 2,255
Other noncurrent obligations 1,651 1,676
Liabilities, Noncurrent 7,308 6,333
Common stock 7 7
Additional Paid in Capital 27,748 27,851
Retained earnings (accumulated deficit) (41) 250
Accumulated other comprehensive income (loss) (2,677) (2,806)
Total Company Stockholders' Equity 25,037 25,302
Noncontrolling Interests 242 239
Total Stockholders' Equity 25,279 25,541
Total Liabilities and Equity 42,996 42,618
EIDP    
Cash and Cash Equivalents 2,644 3,190
Marketable Securities 98 124
Accounts and notes receivable - net 5,488 5,701
Inventories 6,899 6,812
Other current assets 1,131 968
Total current assets 16,260 16,795
Investments in nonconsolidated affiliates 115 102
Property, Plant and Equipment 8,956 8,551
Accumulated Depreciation 4,669 4,297
Net Property, Plant and Equipment 4,287 4,254
Goodwill 10,605 9,962
Other intangible assets 9,626 9,339
Deferred Income Taxes 584 479
Other Assets 1,896 1,687
Assets 43,373 42,618
Short-term borrowings and finance lease obligations 198 24
Accounts Payable 4,280 4,895
Income Taxes Payable 174 183
Deferred Revenue 3,406 3,388
Accrued and other current liabilities 2,347 2,258
Total current liabilities 10,405 10,748
Long-term Debt 2,291 1,283
Deferred Income Tax Liabilities 899 1,119
Pension and other post employment benefits - noncurrent 2,467 2,255
Other noncurrent obligations 1,651 1,675
Liabilities, Noncurrent 7,308 7,121
Common stock 0 0
Additional Paid in Capital 24,349 24,284
Retained earnings (accumulated deficit) 3,747 3,031
Accumulated other comprehensive income (loss) (2,677) (2,806)
Total Company Stockholders' Equity 25,658 24,748
Noncontrolling Interests 2 1
Total Stockholders' Equity 25,660 24,749
Total Liabilities and Equity 43,373 42,618
EIDP | Related Party    
Long-term Debt - Related Party 0 789
EIDP | $4.50 Series Preferred Stock [Member]    
Preferred stock, without par value – cumulative; 23,000,000 shares authorized; issued at December 31, 2020 and December 31, 2019 169 169
EIDP | $3.50 Series Preferred Stock [Member]    
Preferred stock, without par value – cumulative; 23,000,000 shares authorized; issued at December 31, 2020 and December 31, 2019 $ 70 $ 70
[1] Includes the intangible assets acquired in connection with the Stoller and Symborg acquisitions, which were completed on March 1, 2023. See Note 4 – Business Combinations, to the Consolidated Financial Statements, for additional information.