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Consolidated Balance Sheet - USD ($)
$ in Millions
Mar. 31, 2016
Dec. 31, 2015
Current Assets    
Cash and temporary investments $ 1,155 $ 1,050
Accounts and notes receivable, net 2,641 2,675
Inventories 2,217 2,228
Deferred income tax assets 295 312
Assets held for sale 216 0
Other current assets 268 212
Total Current Assets 6,792 6,477
Plants, Properties and Equipment, net 12,037 11,980
Forestlands 399 366
Investments 287 228
Financial Assets of Special Purpose Entities (Note 13) 7,019 7,014
Goodwill 3,354 3,335
Deferred Charges and Other Assets 1,155 1,131
Total Assets 31,043 30,531
Current Liabilities    
Notes payable and current maturities of long-term debt 551 426
Liabilities held for sale 98 0
Accounts payable 2,065 2,078
Accrued payroll and benefits 362 434
Other accrued liabilities 1,022 986
Total Current Liabilities 4,098 3,924
Long-Term Debt 8,824 8,844
Nonrecourse Financial Liabilities of Special Purpose Entities (Note 13) 6,279 6,277
Deferred Income Taxes 3,277 3,231
Pension Benefit Obligation 3,533 3,548
Postretirement and Postemployment Benefit Obligation 338 364
Other Liabilities 434 434
Equity    
Common stock, $1 par value, 2016 - 448.9 shares and 2014 - 448.9 shares 449 449
Paid-in capital 6,130 6,243
Retained earnings 4,800 4,649
Accumulated other comprehensive loss (5,389) [1] (5,708)
Shareholders' Equity before Treasury Stock, Total 5,990 5,633
Less: Common stock held in treasury, at cost, 2016 - 37.737 shares and 2015 - 36.776 shares 1,756 1,749
Total Shareholders' Equity 4,234 3,884
Noncontrolling interests 26 25
Total Equity 4,260 3,909
Total Liabilities and Equity $ 31,043 $ 30,531
[1] All amounts are net of tax. Amounts in parentheses indicate debits to AOCI.