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Consolidated Balance Sheets (USD $)
In Millions, unless otherwise specified
Dec. 31, 2011
Dec. 31, 2010
Current Assets    
Cash and cash equivalents $ 5,922.5 $ 5,993.2
Short-term investments 974.6 733.8
Accounts receivable, net of allowances of $110.1 (2011) and $79.9 (2010) 3,597.7 3,493.8
Other receivables 640.2 664.3
Inventories 2,299.8 2,517.7
Prepaid taxes 158.5 828.3
Prepaid expenses and other 654.9 608.9
Total current assets 14,248.2 14,840.0
Other Assets    
Investments 4,029.8 1,779.5
Goodwill and other intangibles - net 5,128.1 4,818.8
Sundry 2,493.4 1,622.4
Total other assets 11,651.3 8,220.7
Property and equipment, net 7,760.3 7,940.7
Goodwill 1,434.7 1,423.9
Total assets 33,659.8 31,001.4
Current Liabilities    
Short-term borrowings 1,522.3 156.0
Accounts payable 1,125.2 1,072.2
Employee compensation 804.7 851.8
Sales rebates and discounts 1,771.3 1,372.6
Dividends payable 542.3 540.0
Income taxes payable 261.6 457.5
Other current liabilities 2,903.5 2,476.8
Total current liabilities 8,930.9 6,926.9
Other Liabilities    
Long-term debt 5,464.7 6,770.5
Accrued retirement benefit 3,068.5 1,887.4
Long-term income taxes payable 1,086.3 1,234.8
Other noncurrent liabilities 1,573.8 1,769.0
Total other liabilities 11,193.3 11,661.7
Shareholders' Equity    
Common stock 724.1 721.3
Additional paid-in capital 4,886.8 4,798.5
Retained earnings 14,897.8 12,732.6
Employee benefit trust 3,013.1 3,013.2
Deferred costs-ESOP 0 (52.4)
Accumulated other comprehensive loss (3,858.6) (2,670.1)
Noncontrolling interests (6.1) (7.5)
Cost of common stock in treasury, 853 shares (2011) and 864 shares (2010) (95.3) (96.4)
Total shareholders' equity 13,535.6 12,412.8
Total liabilities and shareholders' equity $ 33,659.8 $ 31,001.4