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Consolidated Balance Sheet - USD ($)
shares in Millions, $ in Millions
Jun. 30, 2024
Dec. 31, 2023
Current Assets    
Cash and cash equivalents $ 1,163 $ 1,093
Accounts receivable, net 2,306 2,135
Inventories 1,915 1,955
Other current assets 565 520
Total Current Assets 5,949 5,703
Property, Plant and Equipment, Net 7,620 7,913
Investments in Equity Companies 381 306
Goodwill 2,019 2,085
Other Intangible Assets, Net 183 197
Other Assets 1,128 1,140
TOTAL ASSETS 17,280 17,344
Current Liabilities    
Debt payable within one year 806 567
Trade accounts payable 3,613 3,653
Accrued expenses and other current liabilities 2,184 2,316
Dividends payable 408 394
Total Current Liabilities 7,011 6,930
Long-Term Debt 7,158 7,417
Noncurrent Employee Benefits 640 669
Deferred Income Taxes 380 374
Other Liabilities 784 860
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 1,136 915
Noncontrolling Interests 145 153
Total Stockholders' Equity 1,281 1,068
Treasury Stock, Value [Abstract]    
Treasury Stock, Value (5,241) (5,222)
Additional Paid in Capital [Abstract]    
Additional Paid in Capital 802 878
Retained Earnings (Accumulated Deficit) [Abstract]    
Retained Earnings (Accumulated Deficit) 8,734 8,368
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY 17,280 17,344
Accumulated Other Comprehensive Income (loss) $ (3,632) $ (3,582)