v3.25.2
Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
shares in Millions, $ in Millions
6 Months Ended
Jun. 30, 2025
Dec. 31, 2024
Current assets:    
Cash and equivalents $ 2,038 $ 2,618
Receivables net of allowances for bad debts 4,970 5,117
Inventories 3,071 3,040
Other current assets 1,592 1,607
Total current assets 11,671 12,382
Property, Plant and Equipment, Net 5,246 5,113
Goodwill 2,964 2,838
Deferred income taxes 2,327 2,339
Operating lease right-of-use assets 973 1,022
Other assets 2,196 1,893
Total assets 25,377 25,587
Current liabilities:    
Accounts payable 3,231 3,189
Accrued employee compensation and benefits 616 711
Accrual for Taxes Other than Income Taxes, Current 250 328
Current maturities of long-term debt 381 381
Current portion of operating lease liabilities 261 263
Other current liabilities 764 729
Total current liabilities 5,844 6,050
Long-term debt 7,163 7,160
Operating lease liabilities 756 798
Employee compensation and benefits 406 414
Other liabilities 661 617
Total liabilities 14,830 15,039
Shareholders' equity:    
Common stock, par value $2.50 per share $ 2,661 $ 2,662
Common stock, par value (in dollars per share) $ 2.50 $ 2.50
Common stock, shares authorized (in shares) 2,000 2,000
Common stock, shares issued (in shares) 1,064 1,065
Paid-in capital in excess of par value $ 31 $ 79
Accumulated other comprehensive loss (356) (353)
Retained earnings 14,716 14,332
Treasury stock, at cost $ (6,547) $ (6,214)
Treasury shares (in shares) 203 197
Company shareholders' equity $ 10,505 $ 10,506
Noncontrolling interest in consolidated subsidiaries 42 42
Total shareholders' equity 10,547 10,548
Total liabilities and shareholders' equity 25,377 25,587
Accrued Income Taxes, Current $ 341 $ 449
UNITED STATES | Revenue Benchmark [Member] | Geographic Concentration Risk [Member]    
Shareholders' equity:    
Concentration Risk, Percentage 39.00%