SUPPLEMENTAL FINANCIAL STATEMENT DATA



Consolidated Statement of Income (millions)	2015		2014		2013
Research and development expense	$	193	$	199	$	199
Advertising expense	$	898	$	1,094	$	1,131

Advertising and consumer promotions are included in total brand-building, a measure that the Company uses to determine the level of investment it makes to support its brands. Advertising has declined in 2015 as a result of foreign currency translation as well as the implementation of efficiency and effectiveness programs including a shift in investments to non-advertising consumer promotion programs. Total brand-building investment has declined in 2015 approximately 50 basis points as a percentage of net sales. Brand building is down including shifts of investment into other areas such as food, the evolving shift in media investment from TV to digital, and efficiency and effectiveness benefits.



Consolidated Balance Sheet (millions)	2015			2014
Trade receivables	$	1,169		$	1,101
Allowance for doubtful accounts	(8		)	(7		)
Refundable income taxes	27			16
Other receivables	156			166
Accounts receivable, net	$	1,344		$	1,276
Raw materials and supplies	$	315		$	327
Finished goods and materials in process	935			952
Inventories	$	1,250		$	1,279
Deferred income taxes	$	227		$	184
Other prepaid assets	164			158
Other current assets	$	391		$	342
Land	$	142		$	105
Buildings	2,076			2,154
Machinery and equipment	5,617			6,017
Capitalized software	328			327
Construction in progress	694			692
Accumulated depreciation	(5,236		)	(5,526		)
Property, net	$	3,621		$	3,769
Other intangibles	$	2,315		$	2,338
Accumulated amortization	(47		)	(43		)
Other intangibles, net	$	2,268		$	2,295
Pension	$	231		$	250
Other	485			527
Other assets	$	716		$	777
Accrued income taxes	$	42		$	39
Accrued salaries and wages	325			320
Accrued advertising and promotion	447			446
Other	548			596
Other current liabilities	$	1,362		$	1,401
Nonpension postretirement benefits	$	77		$	82
Other	391			418
Other liabilities	$	468		$	500



Allowance for doubtful accounts (millions)	2015			2014			2013
Balance at beginning of year	$	7		$	5		$	6
Additions charged to expense	4			6			2
Doubtful accounts charged to reserve	(3		)	(4		)	(3		)
Balance at end of year	$	8		$	7		$	5