CONDENSED CONSOLIDATED BALANCE SHEET - USD ($) $ in Millions	Jun. 30, 2026	Dec. 31, 2025
Assets
Cash and cash equivalents	$ 1,344	$ 1,555
Accounts receivable, net	3,246	2,639
Inventories, net	2,759	2,483
Assets held for sale	815	592
Other current assets	1,250	1,264
Total current assets	9,414	8,533
Future income tax benefits	1,126	1,074
Fixed assets, net	3,162	3,165
Operating lease right-of-use assets	568	546
Intangible assets, net	5,756	6,326
Goodwill	15,267	15,501
Pension and post-retirement assets	61	56
Equity method investments	1,341	1,321
Other assets	677	668
Total Assets	37,372	37,190
Liabilities and Equity
Accounts payable	3,216	2,702
Accrued liabilities	3,963	3,774
Liabilities held for sale	414	170
Short-term borrowings and current portion of long-term debt	1,638	468
Total current liabilities	9,231	7,114
Long-term debt	10,314	11,365
Future pension and post-retirement obligations	185	192
Future income tax obligations	1,622	1,833
Operating lease liabilities	442	418
Other long-term liabilities	2,106	2,140
Total Liabilities	23,900	23,062
Commitments and contingent liabilities (Note 18)
Equity
Common stock	10	10
Treasury stock	(7,550)	(6,795)
Additional paid-in capital	8,688	8,665
Retained earnings	12,536	12,193
Accumulated other comprehensive income (loss)	(537)	(269)
Non-controlling interest	325	324
Total Equity	13,472	14,128
Total Liabilities and Equity	$ 37,372	$ 37,190

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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- Definition

Carrying value as of the balance sheet date of obligations incurred and payable, pertaining to costs that are statutory in nature, are incurred on contractual obligations, or accumulate over time and for which invoices have not yet been received or will not be rendered. Examples include taxes, interest, rent and utilities. Used to reflect the current portion of the liabilities (due within one year or within the normal operating cycle if longer).