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CONSOLIDATED BALANCE SHEET - USD ($)
$ in Millions
Mar. 31, 2024
Dec. 31, 2023
Current Assets:    
Cash and cash equivalents $ 732 $ 703
Restricted cash 7 6
Trade receivables, net 1,977 1,726
Inventories 2,411 2,477
Assets held for sale 509 506
Prepaid expenses and other current assets 771 875
Total Current Assets 6,407 6,293
Property, plant and equipment, net 4,145 4,240
Goodwill 10,538 10,635
Other intangible assets, net 8,116 8,357
Operating lease right-of-use assets 699 689
Other assets 737 764
Total Assets 30,642 30,978
Current Liabilities:    
Bank borrowings, overdrafts, and current portion of long-term debt 312 885
Commercial paper 836 0
Accounts payable 1,346 1,378
Accrued payroll and bonus 222 265
Dividends payable 102 207
Liabilities held for sale 46 46
Other current liabilities 956 977
Total Current Liabilities 3,820 3,758
Long-term debt 9,150 9,186
Retirement liabilities 252 253
Deferred income taxes 1,916 1,937
Operating lease liability 651 642
Other liabilities 527 560
Total Other Liabilities 12,496 12,578
Commitments and Contingencies
Shareholders' Equity:    
Common Stock, Value, Issued 35 35
Capital in excess of par value 19,889 19,874
Accumulated deficit (2,481) (2,439)
Accumulated other comprehensive loss (2,191) (1,896)
Treasury Stock, Value (961) (963)
Total Shareholders’ Equity 14,291 14,611
Non-controlling interests 35 31
Total Shareholders’ Equity including Non-controlling interests 14,326 14,642
Total Liabilities and Shareholders’ Equity $ 30,642 $ 30,978
Common stock, shares issued 275,726,629 275,726,629