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Consolidated Balance Sheet - USD ($)
$ in Millions
Jun. 30, 2016
Dec. 31, 2015
Current Assets    
Cash and temporary investments $ 1,254 $ 1,050
Accounts and notes receivable, net 2,837 2,675
Inventories 2,165 2,228
Deferred income tax assets 297 312
Other current assets 318 212
Total Current Assets 6,871 6,477
Plants, Properties and Equipment, net 12,233 11,980
Forestlands 450 366
Investments 279 228
Financial Assets of Special Purpose Entities (Note 13) 7,023 7,014
Goodwill 3,367 3,335
Deferred Charges and Other Assets 1,169 1,131
Total Assets 31,392 30,531
Current Liabilities    
Notes payable and current maturities of long-term debt 626 426
Accounts payable 2,016 2,078
Accrued payroll and benefits 415 434
Other accrued liabilities 1,025 986
Total Current Liabilities 4,082 3,924
Long-Term Debt 8,820 8,844
Nonrecourse Financial Liabilities of Special Purpose Entities (Note 13) 6,281 6,277
Deferred Income Taxes 3,256 3,231
Pension Benefit Obligation 4,150 3,548
Postretirement and Postemployment Benefit Obligation 328 364
Other Liabilities 429 434
Equity    
Common stock, $1 par value, 2016 - 448.9 shares and 2015 - 448.9 shares 449 449
Paid-in capital 6,154 6,243
Retained earnings 4,657 4,649
Accumulated other comprehensive loss (5,481) [1] (5,708)
Shareholders' Equity before Treasury Stock, Total 5,779 5,633
Less: Common stock held in treasury, at cost, 2016 - 37.712 shares and 2015 - 36.776 shares 1,755 1,749
Total Shareholders' Equity 4,024 3,884
Noncontrolling interests 22 25
Total Equity 4,046 3,909
Total Liabilities and Equity $ 31,392 $ 30,531
[1] All amounts are net of tax. Amounts in parentheses indicate debits to AOCI.