Consolidated Balance Sheet (Unaudited) - USD ($) $ in Millions	Sep. 26, 2020	Dec. 31, 2019
Current Assets:
Cash and cash equivalents	$ 7,540	$ 2,399
Accounts receivable, less allowances of $117 and $102	5,186	4,349
Inventories	3,829	3,370
Contract assets, net	697	603
Other current assets	982	1,172
Total current assets	18,234	11,893
Property, Plant and Equipment, Net	5,180	4,749
Acquisition-related Intangible Assets, Net	12,870	14,014
Other Assets	1,995	2,011
Goodwill	25,782	25,714
Total Assets	64,061	58,381
Current Liabilities:
Short-term obligations and current maturities of long-term obligations	2	676
Accounts payable	1,703	1,920
Accrued payroll and employee benefits	1,538	1,010
Contract liabilities	1,047	916
Other accrued expenses	1,938	1,675
Total current liabilities	6,228	6,197
Deferred Income Taxes	1,528	2,192
Other Long-term Liabilities	3,390	3,241
Long-term Obligations	21,091	17,076
Shareholders' Equity:
Preferred stock, $100 par value, 50,000 shares authorized; none issued
Common stock, $1 par value, 1,200,000,000 shares authorized; 436,746,267 and 434,416,804 shares issued	437	434
Capital in excess of par value	15,467	15,064
Retained earnings	25,705	22,092
Treasury stock at cost, 40,411,076 and 35,676,421 shares	(6,815)	(5,236)
Accumulated other comprehensive items	(2,970)	(2,679)
Total shareholders' equity	31,824	29,675
Total Liabilities and Shareholders' Equity	$ 64,061	$ 58,381