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Consolidated Balance Sheet - USD ($)
shares in Millions, $ in Millions
Mar. 31, 2024
Dec. 31, 2023
Current Assets    
Cash and cash equivalents $ 853 $ 1,093
Accounts receivable, net 2,383 2,135
Inventories 1,877 1,955
Other current assets 487 520
Total Current Assets 5,600 5,703
Property, Plant and Equipment, Net 7,772 7,913
Investments in Equity Companies 364 306
Goodwill 2,043 2,085
Other Intangible Assets, Net 190 197
Other Assets 1,123 1,140
TOTAL ASSETS 17,092 17,344
Current Liabilities    
Debt payable within one year 809 567
Trade accounts payable 3,531 3,653
Accrued expenses and other current liabilities 2,131 2,316
Dividends payable 407 394
Total Current Liabilities 6,878 6,930
Long-Term Debt 7,161 7,417
Noncurrent Employee Benefits 652 669
Deferred Income Taxes 395 374
Other Liabilities 796 860
Redeemable Preferred Securities of Subsidiaries $ 26 $ 26
Preferred Stock, Shares Issued 0 0
Stockholders' Equity    
Preferred Stock, Value, Issued $ 0 $ 0
Common Stock, Value, Issued 473 473
Equity, Attributable to Parent, Total 1,044 915
Noncontrolling Interests 140 153
Total Stockholders' Equity 1,184 1,068
Treasury Stock, Value [Abstract]    
Treasury Stock, Value (5,252) (5,222)
Additional Paid in Capital [Abstract]    
Additional Paid in Capital 877 878
Retained Earnings (Accumulated Deficit) [Abstract]    
Retained Earnings (Accumulated Deficit) 8,601 8,368
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY 17,092 17,344
Accumulated Other Comprehensive Income (loss) $ (3,655) $ (3,582)