v3.26.3
CONSOLIDATED BALANCE SHEET - USD ($)
shares in Millions, $ in Millions
Sep. 30, 2026
Dec. 31, 2025
Current Assets:    
Cash and cash equivalents $ 272 $ 347
Trade receivables (net of allowances of $16 and $19, respectively) 1,416 1,294
Inventories 1,452 1,507
Assets held for sale 117 0
Prepaid expenses and other current assets 837 742
Current assets of discontinued operations 5,181 1,704
Total Current Assets 9,275 5,594
Property, plant and equipment, net 2,648 2,685
Goodwill 8,083 8,226
Other intangible assets, net 3,470 3,964
Operating lease right-of-use assets 480 515
Other assets 869 954
Non-current assets of discontinued operations 0 3,601
Total Assets 24,825 25,539
Current Liabilities:    
Short-term debt and current portion of long-term debt 1,538 1,254
Accounts payable 991 933
Accrued payroll and bonus 291 259
Dividends payable 100 102
Other current liabilities 866 835
Total Current Liabilities 4,958 3,933
Long-term debt 4,735 4,738
Retirement liabilities 167 174
Deferred income taxes 751 840
Operating lease liability 443 478
Other liabilities 481 573
Non-current liabilities of discontinued operations 0 617
Total Non-Current Liabilities 6,577 7,420
Commitments and Contingencies
Shareholders' Equity:    
Common Stock, Value, Issued 35 35
Capital in excess of par value 19,949 19,918
Accumulated deficit (3,557) (3,417)
Accumulated other comprehensive loss (1,653) (1,430)
Treasury stock, at cost (25.3 and 20.0 shares as of September 30, 2026 and December 31, 2025, respectively) (1,515) (952)
Total Shareholders’ Equity 13,259 14,154
Non-controlling interests 31 32
Total Shareholders’ Equity including Non-controlling interests 13,290 14,186
Total Liabilities and Shareholders’ Equity $ 24,825 $ 25,539
Common stock, shares issued 275.7 275.7
Disposal Group, Held-for-sale, Not Discontinued Operations    
Current Liabilities:    
Liabilities held for sale/ Current liabilities of discontinued operations $ 32 $ 0
Cash and cash equivalents included in Current assets of discontinued operations    
Current Liabilities:    
Liabilities held for sale/ Current liabilities of discontinued operations $ 1,140 $ 550