Statement of Financial Position (Unaudited) - USD ($) $ in Millions	Jun. 30, 2021	Dec. 31, 2020
Current Assets:
Cash and equivalents	$ 2,058	$ 2,564
Trade receivables	2,786	2,506
Inventories	1,400	1,189
Prepaid expenses and other current assets	265	264
Total current assets	6,509	6,523
Net plant and equipment	1,767	1,777
Goodwill	4,658	4,690
Intangible assets	716	781
Deferred income taxes	613	533
Other assets	1,317	1,308
Total assets	15,580	15,612
Current Liabilities:
Short-term debt	592	350
Accounts payable	607	534
Accrued expenses	1,326	1,284
Cash dividends payable	358	361
Income taxes payable	77	60
Total current liabilities	2,960	2,589
Noncurrent Liabilities:
Long-term debt	7,056	7,772
Deferred income taxes	617	588
Noncurrent income taxes payable	365	413
Other liabilities	1,061	1,068
Total noncurrent liabilities	9,099	9,841
Stockholders' Equity:
Common stock	6	6
Additional paid-in-capital	1,402	1,362
Retained earnings	23,842	23,114
Common stock held in treasury	(20,140)	(19,659)
Accumulated other comprehensive income (loss)	(1,590)	(1,642)
Noncontrolling interest	1	1
Total stockholders' equity	3,521	3,182
Total liabilities and stockholders' equity	$ 15,580	$ 15,612

Carrying value as of the balance sheet date of liabilities incurred (and for which invoices have typically been received) and payable to vendors for goods and services received that are used in an entity's business. Used to reflect the current portion of the liabilities (due within one year or within the normal operating cycle if longer).

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Data Type:	xbrli:monetaryItemType
Balance Type:	credit
Period Type:	instant

- Definition

Carrying amount as of the balance sheet date of the unpaid sum of the known and estimated amounts payable to satisfy all currently due domestic and foreign income tax obligations.