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Consolidated Balance Sheet - USD ($)
$ in Millions
Dec. 31, 2015
Dec. 31, 2014
Current Assets:    
Cash and cash equivalents $ 452.1 $ 1,343.5
Accounts receivable, less allowances of $70.1 and $74.1 2,544.9 2,473.6
Inventories 1,991.7 1,859.5
Deferred tax assets 0.0 303.3
Other current assets 752.5 559.9
Total current assets 5,741.2 6,539.8
Property, Plant and Equipment, Net 2,448.8 2,426.5
Acquisition-related Intangible Assets, Net 12,758.3 14,110.1
Other Assets 1,113.1 933.1
Goodwill 18,827.6 18,842.6
Total Assets 40,889.0 42,852.1
Current Liabilities:    
Short-term obligations and current maturities of long-term obligations 1,052.8 2,212.4
Accounts payable 822.2 820.7
Accrued payroll and employee benefits 598.2 668.9
Accrued income taxes 212.5 165.1
Deferred revenue 317.9 311.9
Other accrued expenses 1,143.7 1,170.8
Total current liabilities 4,147.3 5,349.8
Deferred Income Taxes 2,622.6 3,430.7
Other Long-term Liabilities 1,295.0 1,171.9
Long-term Obligations $ 11,473.9 $ 12,351.6
Commitments and Contingencies
Shareholders' Equity:    
Preferred stock, $100 par value, 50,000 shares authorized; none issued
Common stock, $1 par value, 1,200,000,000 shares authorized; 411,944,301 and 408,461,670 shares issued $ 411.9 $ 408.5
Capital in excess of par value 11,801.2 11,473.6
Retained earnings 12,142.3 10,406.9
Treasury stock at cost, 12,314,200 and 7,991,782 shares (1,007.9) (455.9)
Accumulated other comprehensive items (1,997.3) (1,285.0)
Total shareholders' equity 21,350.2 20,548.1
Total Liabilities and Shareholders' Equity $ 40,889.0 $ 42,852.1