CONSOLIDATED BALANCE SHEET - USD ($) $ in Millions	Jun. 30, 2022	Dec. 31, 2021
Current Assets:
Cash and cash equivalents	$ 569	$ 711
Restricted cash	4	4
Trade receivables	2,180	1,906
Inventories:
Raw materials	1,065	854
Work in process	381	287
Finished goods	1,547	1,375
Total Inventories	2,993	2,516
Assets held for sale	1,206	1,122
Prepaid expenses and other current assets	778	728
Total Current Assets	7,730	6,987
Property, plant and equipment, at cost	6,138	6,161
Accumulated depreciation	(1,961)	(1,793)
Total Property Plant and Equipment	4,177	4,368
Goodwill	16,071	16,414
Other intangible assets, net	9,867	10,506
Operating lease right-of-use assets	733	767
Other assets	726	616
Total Assets	39,304	39,658
Current Liabilities:
Bank borrowings, overdrafts, and current portion of long-term debt	957	308
Commercial paper	792	324
Accounts payable	1,576	1,532
Accrued payroll and bonus	253	335
Dividends payable	201	201
Liabilities held for sale	75	101
Other current liabilities	866	832
Total Current Liabilities	4,720	3,633
Long-term debt	10,363	10,768
Retirement liabilities	372	385
Deferred income taxes	2,362	2,518
Operating lease liability	646	670
Other liabilities	462	462
Total Other Liabilities	14,205	14,803
Commitments and Contingencies
Redeemable noncontrolling interests	86	105
Shareholders' Equity:
Common Stock, Value, Issued	35	35
Capital in excess of par value	19,826	19,826
Retained earnings	3,589	3,641
Accumulated other comprehensive loss	$ (2,210)	$ (1,423)
Treasury Stock, Shares	20,781,898	21,152,645
Treasury Stock, Value	$ (980)	$ (997)
Total Shareholders’ Equity	20,260	21,082
Noncontrolling interest	33	35
Total Shareholders’ Equity including Noncontrolling interest	20,293	21,117
Total Liabilities and Shareholders’ Equity	$ 39,304	$ 39,658