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Consolidated Balance Sheets (USD $)
In Millions, unless otherwise specified
Dec. 31, 2012
Dec. 31, 2011
Current assets    
Cash and cash equivalents $ 1,395 $ 905
Marketable securities 2,890 2,513
Accounts receivable, less allowance of $58 ($56 in 2011) 1,430 1,417
Inventories    
Materials and supplies 202 185
Work in process 71 46
Finished goods 992 1,052
Total inventories 1,265 1,283
Deferred income taxes 811 777
Prepaid expenses and other current assets 357 312
Total current assets 8,148 7,207
Property, plant and equipment    
Land, buildings and improvements 625 600
Machinery and equipment 1,607 1,455
Total property, plant and equipment 2,232 2,055
Less allowance for depreciation 1,284 1,167
Net property, plant and equipment 948 888
Other assets    
Goodwill 2,142 2,072
Other intangibles, net 1,424 1,442
Other 544 537
Total assets 13,206 12,146
Current liabilities    
Accounts payable 288 345
Accrued compensation 467 444
Income taxes 70 155
Dividend payable 101 81
Accrued expenses and other liabilities 934 798
Current maturities of debt 16 17
Total current liabilities 1,876 1,840
Long-term debt, excluding current maturities 1,746 1,751
Other liabilities 987 872
Shareholders' equity    
Common stock, $0.10 par value: Authorized: 1 billion shares, Outstanding: 380 million shares (381 million in 2011) 38 38
Additional paid-in capital 1,098 1,022
Retained earnings 7,332 6,479
Accumulated other comprehensive income 129 144
Total shareholders' equity 8,597 7,683
Total liabilities & shareholders' equity $ 13,206 $ 12,146