CONSOLIDATED BALANCE SHEET - USD ($) $ in Millions	Mar. 31, 2023	Dec. 31, 2022
Current Assets:
Cash and cash equivalents	$ 590	$ 483
Restricted cash	16	10
Trade receivables	1,899	1,818
Inventories:
Raw materials	1,006	1,073
Work in process	473	442
Finished goods	1,467	1,636
Total Inventories	2,946	3,151
Assets held for sale	1,202	1,200
Prepaid expenses and other current assets	789	770
Total Current Assets	7,442	7,432
Property, plant and equipment, at cost	6,309	6,180
Accumulated depreciation	(2,085)	(1,977)
Total Property Plant and Equipment	4,224	4,203
Goodwill	13,458	13,355
Other intangible assets, net	8,968	9,082
Operating lease right-of-use assets	634	636
Other assets	744	699
Total Assets	35,470	35,407
Current Liabilities:
Bank borrowings, overdrafts, and current portion of long-term debt	1,483	410
Commercial paper	588	187
Accounts payable	1,197	1,418
Accrued payroll and bonus	218	267
Dividends payable	207	206
Liabilities held for sale	216	212
Other current liabilities	965	1,028
Total Current Liabilities	4,874	3,728
Long-term debt	9,220	10,373
Retirement liabilities	235	231
Deferred income taxes	2,229	2,265
Operating lease liability	569	565
Other liabilities	494	472
Total Other Liabilities	12,747	13,906
Commitments and Contingencies
Redeemable non-controlling interests	59	59
Shareholders' Equity:
Common Stock, Value, Issued	35	35
Capital in excess of par value	19,844	19,841
Retained earnings	739	955
Accumulated other comprehensive loss	$ (1,887)	$ (2,169)
Treasury Stock, Shares	20,659,153	20,758,166
Treasury Stock, Value	$ (973)	$ (978)
Total Shareholders’ Equity	17,758	17,684
Non-controlling interest	32	30
Total Shareholders’ Equity including Non-controlling interest	17,790	17,714
Total Liabilities and Shareholders’ Equity	$ 35,470	$ 35,407