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Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Millions
Jul. 02, 2017
Dec. 31, 2016
Jul. 03, 2016
Dec. 31, 2015
Current assets:        
Cash and equivalents $ 1,856 $ 2,334 $ 1,899 $ 2,785
Accounts receivable 3,690 3,399    
Unbilled receivables 5,045 4,212    
Inventories 5,839 5,817    
Other current assets 696 772    
Total current assets 17,126 16,534    
Noncurrent assets:        
Property, plant and equipment, net 3,424 3,477    
Intangible assets, net 685 678    
Goodwill [1] 11,679 11,445    
Other assets 879 1,038    
Total noncurrent assets 16,667 16,638    
Total assets 33,793 33,172    
Current liabilities:        
Short-term debt and current portion of long-term debt 989 900    
Accounts payable 2,620 2,538    
Customer advances and deposits 6,822 6,827    
Other current liabilities 3,072 3,185    
Total current liabilities 13,503 13,450    
Noncurrent liabilities:        
Long-term debt 2,989 2,988    
Other liabilities 6,349 6,433    
Commitments and contingencies    
Total noncurrent liabilities 9,338 9,421    
Shareholders’ equity:        
Common stock 482 482    
Surplus 2,796 2,819    
Retained earnings 25,546 24,543    
Treasury stock (14,950) (14,156)    
Accumulated other comprehensive loss (2,922) (3,387) (2,960) (3,283)
Total shareholders’ equity 10,952 10,301 $ 10,579 $ 10,440
Total liabilities and shareholders’ equity $ 33,793 $ 33,172    
[1] Goodwill on December 31, 2016, and July 2, 2017, in the Information Systems and Technology reporting unit is net of $2 billion of accumulated impairment losses.