CONSOLIDATED BALANCE SHEET - USD ($) $ in Millions	Mar. 31, 2022	Dec. 31, 2021
Current Assets:
Cash and cash equivalents	$ 657	$ 711
Restricted cash	4	4
Trade receivables	2,160	1,906
Inventories:
Raw materials	1,002	854
Work in process	311	287
Finished goods	1,482	1,375
Total Inventories	2,795	2,516
Assets held for sale	1,141	1,122
Prepaid expenses and other current assets	750	728
Total Current Assets	7,507	6,987
Property, plant and equipment, at cost	6,184	6,161
Accumulated depreciation	(1,889)	(1,793)
Total Property Plant and Equipment	4,295	4,368
Goodwill	16,298	16,414
Other intangible assets, net	10,250	10,506
Operating lease right-of-use assets	743	767
Other assets	654	616
Total Assets	39,747	39,658
Current Liabilities:
Bank borrowings, overdrafts, and current portion of long-term debt	308	308
Commercial paper	631	324
Accounts payable	1,629	1,532
Accrued payroll and bonus	259	335
Dividends payable	202	201
Liabilities held for sale	87	101
Other current liabilities	916	832
Total Current Liabilities	4,032	3,633
Long-term debt	10,738	10,768
Retirement liabilities	378	385
Deferred income taxes	2,454	2,518
Operating lease liability	653	670
Other liabilities	426	462
Total Other Liabilities	14,649	14,803
Commitments and Contingencies
Redeemable noncontrolling interests	101	105
Shareholders' Equity:
Common Stock, Value, Issued	35	35
Capital in excess of par value	19,823	19,826
Retained earnings	3,683	3,641
Accumulated other comprehensive loss	$ (1,622)	$ (1,423)
Treasury Stock, Shares	20,921,882	21,152,645
Treasury Stock, Value	$ (986)	$ (997)
Total Shareholders’ Equity	20,933	21,082
Noncontrolling interest	32	35
Total Shareholders’ Equity including Noncontrolling interest	20,965	21,117
Total Liabilities and Shareholders’ Equity	$ 39,747	$ 39,658