Statement of Financial Position (Unaudited) - USD ($) $ in Millions	Mar. 31, 2021	Dec. 31, 2020
Current Assets:
Cash and equivalents	$ 2,484	$ 2,564
Trade receivables	2,662	2,506
Inventories	1,292	1,189
Prepaid expenses and other current assets	266	264
Total current assets	6,704	6,523
Net plant and equipment	1,746	1,777
Goodwill	4,632	4,690
Intangible assets	747	781
Deferred income taxes	519	533
Other assets	1,315	1,308
Total assets	15,663	15,612
Current Liabilities:
Short-term debt	350	350
Accounts payable	589	534
Accrued expenses	1,261	1,284
Cash dividends payable	360	361
Income taxes payable	120	60
Total current liabilities	2,680	2,589
Noncurrent Liabilities:
Long-term debt	7,599	7,772
Deferred income taxes	637	588
Noncurrent income taxes payable	413	413
Other liabilities	1,058	1,068
Total noncurrent liabilities	9,707	9,841
Stockholders' Equity:
Common stock	6	6
Additional paid-in-capital	1,378	1,362
Retained earnings	23,425	23,114
Common stock held in treasury	(19,897)	(19,659)
Accumulated other comprehensive income (loss)	(1,638)	(1,642)
Noncontrolling interest	2	1
Total stockholders' equity	3,276	3,182
Total liabilities and stockholders' equity	$ 15,663	$ 15,612

Carrying value as of the balance sheet date of liabilities incurred (and for which invoices have typically been received) and payable to vendors for goods and services received that are used in an entity's business. Used to reflect the current portion of the liabilities (due within one year or within the normal operating cycle if longer).

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Namespace Prefix:	us-gaap_
Data Type:	xbrli:monetaryItemType
Balance Type:	credit
Period Type:	instant

- Definition

Carrying amount as of the balance sheet date of the unpaid sum of the known and estimated amounts payable to satisfy all currently due domestic and foreign income tax obligations.