Balance Sheet

Balance Sheet

  Year Ending Dec 2020 (Update) Year Ending Dec 2019 (Update) Year Ending Dec 2018 (Reclassified) Year Ending Dec 2017 (Update)
Cash & Equivalents 3,657.10 2,337.50 7,320.70 6,536.20
Short Term Investments 24.20 101.00 88.20 1,497.90
Cash and Short Term Investments 3,681.30 2,438.50 7,408.90 8,034.10
Accounts Receivable - Trade, Gross 5,901.20 4,569.70 1,207.00 4,585.00
Provision for Doubtful Accounts -25.90 -22.40 -24.10 -38.70
Accounts Receivable - Trade, Net 5,875.30 4,547.30 5,776.80 4,546.30
Receivables - Other 1,053.70 994.20 0.00 715.90
Total Receivables, Net 6,929.00 5,541.50 5,776.80 5,262.20
Inventories - Finished Goods 758.90 647.30 0.00 1,211.40
Inventories - Work In Progress 2,535.40 2,067.60 0.00 2,697.70
Inventories - Raw Materials 651.20 424.60 0.00 488.80
LIFO Reserve 34.80 51.20 0.00 60.40
Total Inventory 3,980.30 3,190.70 3,098.10 4,458.30
Prepaid Expenses 2,871.50 2,538.90 2,036.70 1,447.50
Discontinued Operations - Current Asset 0.00 0.00 2,229.10 0.00
Other Current Assets, Total 0.00 0.00 2,229.10 0.00
Total Current Assets 17,462.10 13,709.60 20,549.60 19,202.10
Buildings - Gross 7,326.10 7,067.30 0.00 7,425.60
Land/Improvements - Gross 226.80 169.50 0.00 192.70
Machinery/Equipment - Gross 8,560.90 7,913.30 0.00 8,689.00
Construction in Progress - Gross 2,138.80 1,884.40 0.00 1,783.80
Other Property/Plant/Equipment - Gross 0.00 532.10 16,663.00 0.00
Property/Plant/Equipment, Total - Gross 18,252.60 17,566.60 16,663.00 18,091.10
Accumulated Depreciation, Total -9,570.70 -9,161.60 -8,666.90 -9,264.60
Property/Plant/Equipment, Total - Net 8,681.90 8,405.00 7,996.10 8,826.50
Goodwill, Net 3,766.50 3,679.40 1,366.60 4,370.10
Intangibles - Gross 9,177.80 7,914.40 2,166.70 7,950.40
Accumulated Intangible Amortization -1,727.80 -1,296.40 -1,098.70 -3,921.20
Intangibles, Net 7,450.00 6,618.00 1,068.00 4,029.20
LT Investment - Affiliate Companies 471.80 289.20 289.20 584.80
LT Investments - Other 2,495.00 1,673.20 1,716.20 5,094.00
Long Term Investments 2,966.80 1,962.40 2,005.40 5,678.80
Deferred Income Tax - Long Term Asset 2,830.40 2,572.60 2,613.70 0.00
Discontinued Operations - Long Term Asset 0.00 0.00 6,484.10 0.00
Restricted Cash - Long Term 0.00 0.00 0.00 0.00
Other Long Term Assets 3,475.40 2,339.10 1,824.90 2,874.30
Other Long Term Assets, Total 6,305.80 4,911.70 10,922.70 2,874.30
Total Assets 46,633.10 39,286.10 43,908.40 44,981.00
Accounts Payable 1,606.70 1,405.30 1,207.10 1,410.70
Accrued Expenses 997.20 915.50 955.60 997.90
Notes Payable/Short Term Debt 0.00 1,494.20 498.90 2,696.80
Current Portion of Long Term Debt/Capital Leases 8.70 5.10 603.30 1,009.80
Dividends Payable 770.60 671.50 650.80 590.60
Income Taxes Payable 495.10 160.60 393.40 532.90
Other Payables 5,853.00 4,933.60 4,849.50 4,465.10
Deferred Income Tax - Current Liability 0.00 0.00 0.00 0.00
Discontinued Operations – Current Liability 0.00 0.00 692.80 0.00
Other Current Liabilities 2,750.30 2,189.40 2,036.70 2,832.10
Other Current liabilities, Total 9,869.00 7,955.10 8,623.20 8,420.70
Total Current Liabilities 12,481.60 11,775.20 11,888.10 14,535.90
Long Term Debt 16,586.60 13,817.90 9,196.40 9,931.80
Capital Lease Obligations 0.00 0.00 0.00 8.70
Total Long Term Debt 16,586.60 13,817.90 9,196.40 9,940.50
Total Debt 16,595.30 15,317.20 10,298.60 13,647.10
Deferred Income Tax - Long Term Liability 2,099.90 2,187.50 1,312.70 0.00
Deferred Income Tax 2,099.90 2,187.50 1,312.70 0.00
Minority Interest 183.60 92.20 1,080.40 75.70
Pension Benefits - Underfunded 4,094.50 3,698.20 2,802.20 3,513.90
Other Long Term Liabilities 5,545.30 5,108.20 5,057.60 5,322.80
Discontinued Operations - Liabilities 0.00 0.00 2,742.30 0.00
Other Liabilities, Total 9,639.80 8,806.40 10,602.10 8,836.70
Total Liabilities 40,991.50 36,679.20 34,079.70 33,388.80
Common Stock 598.20 598.80 661.00 687.90
Common Stock, Total 598.20 598.80 661.00 687.90
Additional Paid-In Capital 6,778.50 6,685.30 6,583.60 5,817.80
Retained Earnings (Accumulated Deficit) 7,830.20 4,920.40 11,395.90 13,894.10
Treasury Stock - Common -55.70 -60.80 -69.40 -75.80
ESOP Debt Guarantee 0.00 0.00 0.00 0.00
Unrealized Gain (Loss) 14.80 4.90 0.00 113.50
Cumulative Translation Adjustment -1,427.50 -1,678.00 0.00 -1,233.40
Other Equity -3,013.20 -3,013.20 -3,013.20 -3,013.20
Minimum Pension Liability Adjustment -4,751.00 -4,638.60 0.00 -4,340.70
Other Comprehensive Income -332.70 -211.90 -5,729.20 -258.00
Other Equity, Total -9,524.40 -9,541.70 -8,742.40 -8,845.30
Total Equity 5,641.60 2,606.90 9,828.70 11,592.20
Total Liabilities & Shareholders' Equity 46,633.10 39,286.10 43,908.40 44,981.00
Shares Outstanding – Common Stock Primary Issue 956.59 957.53 1,057.64 1,100.01
Total Common Shares Outstanding 956.59 957.53 1,057.64 1,100.01
Treasury Shares – Common Primary Issue 0.49 0.53 0.60 0.66
Employees 35,000.00 33,625.00 38,680.00 40,655.00
Number of Common Shareholders 21,650.00 22,600.00 24,000.00 25,300.00
Accumulated Intangible Amortization 1,727.80 1,296.40 1,098.70 3,921.20
Total Current Assets less Inventory 13,481.80 10,518.90 17,451.50 14,743.80
Quick Ratio 1.08 0.89 1.47 1.01
Current Ratio 1.40 1.16 1.73 1.32
Net Debt 13,097.60 12,970.90 3,970.10 5,688.70
Tangible Book Value -5,574.90 -7,690.50 7,394.10 3,192.90
Tangible Book Value per Share -5.83 -8.03 6.99 2.90
Total Long Term Debt, Supplemental 3,069.90 2,059.10 3,799.60 3,084.30
Long Term Debt Maturing within 1 Year 6.00 7.00 634.50 1,008.80
Long Term Debt Maturing in Year 2 1,590.20 5.90 33.50 604.00
Long Term Debt Maturing in Year 3 2.30 1,424.70 942.30 2.70
Long Term Debt Maturing in Year 4 681.10 1.90 1,439.00 1.40
Long Term Debt Maturing in Year 5 790.30 619.60 750.30 1,467.40
Long Term Debt Maturing in 2-3 Years 1,592.50 1,430.60 975.80 606.70
Long Term Debt Maturing in 4-5 Years 1,471.40 621.50 2,189.30 1,468.80
Long Term Debt Maturing in Year 6 & Beyond 0.00 0.00 0.00 0.00
Total Capital Leases 0.00 19.00 11.80 13.40
Capital Lease Payments Due in Year 1 0.00 7.00 4.50 4.70
Capital Lease Payments Due in Year 2 0.00 4.40 2.95 3.40
Capital Lease Payments Due in Year 3 0.00 4.40 2.95 3.40
Capital Lease Payments Due in Year 4 0.00 1.60 0.70 0.95
Capital Lease Payments Due in Year 5 0.00 1.60 0.70 0.95
Capital Lease Payments Due in 2-3 Years 0.00 8.80 5.90 6.80
Capital Lease Payments Due in 4-5 Years 0.00 3.20 1.40 1.90
Capital Lease Payments Due in Year 6 & Beyond 0.00 0.00 0.00 0.00
Total Operating Leases 663.70 608.40 805.20 773.20
Operating Lease Payments Due in Year 1 150.90 138.10 155.80 130.80
Operating Lease Payments Due in Year 2 120.70 111.00 128.00 112.45
Operating Lease Payments Due in Year 3 94.10 82.30 89.00 112.45
Operating Lease Payments Due in Year 4 73.30 60.60 74.70 85.90
Operating Lease Payments Due in Year 5 63.40 55.70 58.20 85.90
Operating Lease Payments Due in 2-3 Years 214.80 193.30 217.00 224.90
Operating Lease Payments Due in 4-5 Years 136.70 116.30 132.90 171.80
Standardized Operating Lease Payments Due in Year 6 and Beyond 161.30 160.70 299.50 245.70
Pension Obligation - Domestic 18,225.50 16,251.00 13,661.90 15,098.40
Post-Retirement Obligation 1,753.70 1,601.40 1,543.90 1,728.50
Plan Assets - Domestic 14,579.00 12,858.00 11,064.20 11,844.50
Plan Assets - Post-Retirement 3,227.00 2,768.20 2,398.10 2,372.40
Funded Status - Domestic -3,646.50 -3,393.00 -2,597.70 -3,253.90
Funded Status - Post-Retirement 1,473.30 1,166.80 854.20 643.90
Accumulated Obligation - Domestic 14,682.30 13,063.70 11,032.10 11,956.70
Accumulated Obligation - Post-Retirement 223.80 214.40 189.40 225.10
Total Funded Status -2,173.20 -2,226.20 -1,743.50 -2,610.00
Discount Rate - Domestic 2.40 3.00 3.90 3.40
Discount Rate - Post-Retirement 2.60 3.30 4.40 3.70
Compensation Rate - Domestic 3.30 3.30 3.40 3.40
Prepaid Benefits - Domestic 299.60 163.30 196.00 106.80
Prepaid Benefits - Post-Retirement 1,697.00 1,381.30 1,043.60 869.00
Accrued Liabilities - Domestic -3,946.10 -3,556.30 -2,793.70 -3,360.70
Accrued Liabilities - Foreign -216.30 -207.20 -182.10 -218.00
Accrued Liabilities - Post-Retirement -534.10 -355.30 -166.60 -225.10
Other Assets, Net - Domestic 0.00 0.00 0.00 0.00
Other Assets, Net - Post-Retirement 0.00 0.00 0.00 0.00
Net Assets Recognized on Balance Sheet -2,699.90 -2,574.20 -1,902.80 -2,828.00
Equity % - Domestic 23.14 25.15 24.74 28.71
Equity % - Post-Retirement 7.15 8.28 7.79 9.51
Debt Securities % - Domestic 22.37 20.61 20.87 20.22
Debt Securities % - Post-Retirement 4.80 5.10 5.11 5.24
Real Estate % - Domestic 3.83 4.44 4.75 4.76
Real Estate % - Post-Retirement 0.80 1.13 1.16 1.39
Private Investments % - Domestic 37.77 40.26 42.88 39.04
Private Investments % - Post-Retirement 82.36 82.02 82.97 80.83
Other Investments % - Domestic 12.89 9.54 6.75 7.27
Other Investments % - Post-Retirement 4.89 3.48 2.97 3.03
Total Plan Obligations 19,979.20 17,852.40 15,205.80 16,826.90
Total Plan Assets 17,806.00 15,626.20 13,462.30 14,216.90
Number of Products in Phase I 0.00 3.00 3.00 0.00
Number of Products in Phase II 11.00 1.00 1.00 0.00
Number of Products in Phase III 11.00 2.00 2.00 14.00
Number of Products in Pre-Registration 1.00 0.00 0.00 0.00
Number of Products Launched 4.00 0.00 1.00 2.00

In millions of USD (except for per share items); all data is GAAP

Copyright Refinitiv