v3.26.3
Statement of Financial Position (Unaudited) - USD ($)
$ in Millions
Sep. 30, 2026
Dec. 31, 2025
Current Assets:    
Cash and equivalents $ 809 $ 851
Trade receivables 3,516 3,227
Inventories 1,823 1,659
Prepaid expenses and other current assets 450 463
Total current assets 6,598 6,200
Net plant and equipment 2,254 2,230
Goodwill 5,073 5,098
Intangible assets 543 591
Deferred income taxes 492 519
Other assets 1,537 1,510
Total assets 16,497 16,148
Current Liabilities:    
Short-term debt 2,219 2,286
Accounts payable 623 522
Accrued expenses 1,635 1,636
Cash dividends payable 490 465
Income taxes payable 133 217
Total current liabilities 5,100 5,126
Noncurrent Liabilities:    
Long-term debt 7,153 6,683
Deferred income taxes 168 154
Other liabilities 934 959
Total noncurrent liabilities 8,255 7,796
Stockholders' Equity:    
Common stock (Authorized- 700.0 shares; par value of $0.01 per share): Issued- 550.0 shares in 2026 and 2025 Outstanding- 0.0 shares in 2026 and 288.6 shares in 2025 6 6
Additional paid-in-capital 1,866 1,771
Retained earnings 31,177 30,150
Common stock held in treasury (28,190) (26,875)
Accumulated other comprehensive income (loss) (1,718) (1,827)
Noncontrolling interest 1 1
Total stockholders' equity 3,142 3,226
Total liabilities and stockholders' equity $ 16,497 $ 16,148