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Consolidated Balance Sheets - USD ($)
$ in Millions
Apr. 01, 2018
Dec. 31, 2017
Current assets:    
Cash and cash equivalents $ 14,639 $ 17,824
Marketable securities 565 472
Accounts receivable, trade, less allowances for doubtful accounts $281 (2017, $291) 14,166 13,490
Inventories (Note 2) 9,014 8,765
Prepaid expenses and other 2,641 2,537
Assets held for sale (Note 10) 1,743 0
Total current assets 42,768 43,088
Property, plant and equipment at cost 41,996 41,466
Less: accumulated depreciation (24,956) (24,461)
Property, plant and equipment, net 17,040 17,005
Intangible assets, net (Note 3) 52,365 53,228
Goodwill (Note 3) 31,149 31,906
Deferred taxes on income 8,785 7,105
Other assets 4,518 4,971
Total assets 156,625 157,303
Current liabilities:    
Loans and notes payable 2,696 3,906
Accounts payable 6,443 7,310
Accrued liabilities 6,535 7,304
Accrued rebates, returns and promotions 7,956 7,210
Accrued compensation and employee related obligations 1,892 2,953
Accrued taxes on income 1,559 1,854
Total current liabilities 27,081 30,537
Long-term debt (Note 4) 29,837 30,675
Deferred taxes on income 8,057 8,368
Employee related obligations 10,066 10,074
Accrued Income Taxes, Noncurrent 9,453 8,472
Other liabilities 8,876 9,017
Total liabilities 93,370 97,143
Shareholders’ equity:    
Common stock — par value $1.00 per share (authorized 4,320,000,000 shares; issued 3,119,843,000 shares) 3,120 3,120
Accumulated other comprehensive income (loss) (Note 7) (12,608) (13,199)
Retained earnings 104,339 101,793
Less: common stock held in treasury, at cost (437,654,000 and 437,318,000 shares) 31,596 31,554
Total shareholders’ equity 63,255 60,160
Total liabilities and shareholders' equity $ 156,625 $ 157,303