CONSOLIDATED BALANCE SHEETS - USD ($) $ in Millions	Dec. 31, 2015	Dec. 31, 2014
Current assets:
Cash and cash equivalents	$ 6,549	$ 6,343
Short-term investments	2,726	1,978
Accounts and notes receivable, less allowance for doubtful accounts of $90 and $72	3,977	4,413
Inventories	1,245	1,276
Other current assets	566	653
Total current assets	15,063	14,663
Long-term investments	5,508	6,334
Property, plant and equipment, net	3,850	3,766
Intangible assets, net	2,149	2,125
Goodwill	17,090	16,134
Deferred income taxes	1,164	952
Other assets, net	1,788	1,611
Total assets	46,612	45,585
Current liabilities:
Accounts payable	1,644	1,696
Accrued expenses	3,123	3,141
Income taxes payable	609	852
Short-term debt	1,299	0
Deferred revenue	6,210	6,021
Total current liabilities	12,885	11,710
Income taxes payable	461	306
Deferred revenue	4,592	4,144
Long-term debt	5,475	5,469
Other liabilities	480	431
Total liabilities	$ 23,893	$ 22,060
Commitments and contingencies (See Note M)
Shareholders’ equity:
Preferred stock, par value $0.01; authorized 25 shares; none outstanding	$ 0	$ 0
Common stock, par value $0.01; authorized 6,000 shares; issued and outstanding 1,943 and 1,985 shares	19	20
Additional paid-in capital	0	0
Retained earnings	21,700	22,242
Accumulated other comprehensive income (loss), net	(579)	(366)
Total EMC Corporation’s shareholders’ equity	21,140	21,896
Non-controlling interests	1,579	1,629
Total shareholders’ equity	22,719	23,525
Total liabilities and shareholders’ equity	$ 46,612	$ 45,585