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Consolidated Balance Sheet - USD ($)
$ in Millions
Sep. 30, 2016
Dec. 31, 2015
Current Assets    
Cash and temporary investments $ 2,562 $ 1,050
Accounts and notes receivable, net 2,807 2,675
Inventories 2,222 2,228
Deferred income tax assets 287 312
Other current assets 225 212
Total Current Assets 8,103 6,477
Plants, Properties and Equipment, net 12,205 11,980
Forestlands 447 366
Investments 325 228
Financial Assets of Special Purpose Entities (Note 13) 7,028 7,014
Goodwill 3,362 3,335
Deferred Charges and Other Assets 1,131 1,131
Total Assets 32,601 30,531
Current Liabilities    
Notes payable and current maturities of long-term debt 78 426
Accounts payable 2,031 2,078
Accrued payroll and benefits 394 434
Other accrued liabilities 1,038 986
Total Current Liabilities 3,541 3,924
Long-Term Debt 10,823 8,844
Nonrecourse Financial Liabilities of Special Purpose Entities (Note 13) 6,282 6,277
Deferred Income Taxes 3,273 3,231
Pension Benefit Obligation 3,709 3,548
Postretirement and Postemployment Benefit Obligation 320 364
Other Liabilities 424 434
Equity    
Common stock, $1 par value, 2016 - 448.9 shares and 2015 - 448.9 shares 449 449
Paid-in capital 6,180 6,243
Retained earnings 4,793 4,649
Accumulated other comprehensive loss (5,458) [1] (5,708)
Shareholders' Equity before Treasury Stock, Total 5,964 5,633
Less: Common stock held in treasury, at cost, 2016 - 37.716 shares and 2015 - 36.776 shares 1,755 1,749
Total Shareholders' Equity 4,209 3,884
Noncontrolling interests 20 25
Total Equity 4,229 3,909
Total Liabilities and Equity $ 32,601 $ 30,531
[1] All amounts are net of tax. Amounts in parentheses indicate debits to AOCI.