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Consolidated Balance Sheet (USD $)
In Millions, unless otherwise specified
Sep. 30, 2014
Dec. 31, 2013
Current Assets    
Cash and temporary investments $ 1,718 $ 1,802
Accounts and notes receivable, net 3,293 3,756
Inventories 2,493 2,825
Deferred income tax assets 334 302
Other current assets 301 340
Total Current Assets 8,139 9,025
Plants, Properties and Equipment, net 12,897 13,672
Forestlands 547 557
Investments 530 733
Financial Assets of Special Purpose Entities (Note 13) 2,141 2,127
Goodwill 3,931 3,987
Deferred Charges and Other Assets 1,218 1,427
Total Assets 29,403 31,528
Current Liabilities    
Notes payable and current maturities of long-term debt 724 661
Accounts payable 2,619 2,900
Accrued payroll and benefits 449 511
Other accrued liabilities 1,078 1,055
Total Current Liabilities 4,870 5,127
Long-Term Debt 8,988 8,827
Nonrecourse Financial Liabilities of Special Purpose Entities (Note 13) 2,049 2,043
Deferred Income Taxes 3,600 3,765
Pension Benefit Obligation 1,961 2,205
Postretirement and Postemployment Benefit Obligation 374 412
Other Liabilities 584 702
Redeemable Noncontrolling Interest 0 163
Equity    
Common stock, $1 par value, 2014 - 448.7 shares and 2013 - 447.2 shares 449 447
Paid-in capital 6,158 6,463
Retained earnings 4,446 4,446
Accumulated other comprehensive loss (3,065) [1] (2,759)
Shareholders' Equity before Treasury Stock, Total 7,988 8,597
Less: Common stock held in treasury, at cost, 2014 - 25.202 shares and 2013 - 10.868 shares 1,172 492
Total Shareholders' Equity 6,816 8,105
Noncontrolling interests 161 179
Total Equity 6,977 8,284
Total Liabilities and Equity $ 29,403 $ 31,528
[1] All amounts are net of tax. Amounts in parentheses indicate debits to AOCI.