Condensed Consolidated Balance Sheets (Unaudited) - USD ($) $ in Millions	Jun. 30, 2026	Dec. 31, 2025
Current assets:
Cash and equivalents	$ 2,048	$ 2,206
Receivables net of allowances for bad debts	5,325	4,942
Inventories	3,056	2,976
Other current assets	1,453	1,274
Total current assets	11,882	11,398
Property, Plant and Equipment, Net	5,173	5,261
Goodwill	3,020	2,938
Deferred income taxes	2,331	2,298
Operating lease right-of-use assets	1,019	938
Other assets	2,403	2,177
Total assets	25,828	25,010
Current liabilities:
Accounts payable	3,456	3,133
Accrued employee compensation and benefits	681	767
Accrued Income Taxes, Current	359	375
Current portion of operating lease liabilities	287	263
Accrual for Taxes Other than Income Taxes, Current	262	291
Current maturities of long-term debt	90	0
Other current liabilities	752	759
Total current liabilities	5,887	5,588
Long-term debt	7,071	7,158
Operating lease liabilities	751	712
Employee compensation and benefits	413	428
Other liabilities	654	619
Total liabilities	14,776	14,505
Shareholders' equity:
Common stock, par value $2.50 per share	2,658	2,659
Paid-in capital in excess of par value	4	112
Accumulated other comprehensive loss	(343)	(363)
Retained earnings	15,722	15,036
Treasury stock, at cost	(7,031)	(6,983)
Company shareholders' equity	11,010	10,461
Noncontrolling interest in consolidated subsidiaries	42	44
Total shareholders' equity	11,052	10,505
Total liabilities and shareholders' equity	$ 25,828	$ 25,010

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 value as of the balance sheet date of obligations incurred and payable for real and property taxes. Used to reflect the current portion of the liabilities (due within one year or within the normal operating cycle if longer).