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Statement of Financial Position - USD ($)
$ in Millions
Dec. 31, 2019
Dec. 31, 2018
Current Assets:    
Cash and equivalents $ 1,981 $ 1,504
Trade receivables 2,461 2,622
Inventories 1,164 1,318
Prepaid expenses and other current assets 296 334
Assets held for sale 351 0
Total current assets 6,253 5,778
Net plant and equipment 1,729 1,791
Goodwill 4,492 4,633
Intangible assets 851 1,084
Deferred income taxes 516 554
Other assets 1,227 1,030
Total Assets 15,068 14,870
Current Liabilities:    
Short-term debt 4 1,351
Accounts payable 472 524
Accrued expenses 1,217 1,271
Cash dividends payable 342 328
Income taxes payable 48 68
Liabilities held for sale 71 0
Total current liabilities 2,154 3,542
Noncurrent Liabilities:    
Long-term debt 7,754 6,029
Deferred income taxes 668 707
Noncurrent income taxes payable 462 495
Other liabilities 1,000 839
Total noncurrent liabilities 9,884 8,070
Common stock (par value of $0.01 per share):    
Issued- 550.0 shares in 2019 and 2018 Outstanding- 319.8 shares in 2019 and 328.1 shares in 2018 6 6
Additional paid-in-capital 1,304 1,253
Retained earnings 22,403 21,217
Common stock held in treasury (18,982) (17,545)
Accumulated other comprehensive income (loss) (1,705) (1,677)
Noncontrolling interest 4 4
Total stockholders’ equity 3,030 3,258
Total liabilities and stockholders' equity $ 15,068 $ 14,870