Quarterly report pursuant to Section 13 or 15(d)

Consolidated Condensed Balance Sheets

v3.7.0.1
Consolidated Condensed Balance Sheets - USD ($)
$ in Millions
Jul. 01, 2017
Dec. 31, 2016
Current assets:    
Cash and cash equivalents $ 11,687 $ 5,560
Short-term investments 3,158 3,225
Trading assets 11,084 8,314
Accounts receivable, net 5,397 4,690
Inventories 6,324 5,553
Assets held for sale 0 5,210
Other current assets 2,967 2,956
Total current assets 40,617 35,508
Property, plant and equipment, net of accumulated depreciation of $56,520 ($53,934 as of December 31, 2016) 38,130 36,171
Marketable equity securities 5,904 6,180
Other long-term investments 4,481 4,716
Goodwill 14,102 14,099
Identified intangible assets, net 8,867 9,494
Other long-term assets 10,006 7,159
Total assets 122,107 113,327
Current liabilities:    
Short-term debt 4,130 4,634
Accounts payable 3,671 2,475
Accrued compensation and benefits 2,332 3,465
Accrued advertising 835 810
Deferred income 1,587 1,718
Liabilities held for sale 0 1,920
Other accrued liabilities 6,227 5,280
Total current liabilities 18,782 20,302
Long-term debt 27,855 20,649
Long-term deferred tax liabilities 2,502 1,730
Other long-term liabilities 3,469 3,538
Contingencies (Note 17)
Temporary equity 874 882
Stockholders’ equity:    
Preferred stock 0 0
Common stock and capital in excess of par value, 4,699 issued and outstanding (4,730 issued and outstanding as of December 31, 2016) 25,781 25,373
Accumulated other comprehensive income (loss) 1,174 106
Retained earnings 41,670 40,747
Total stockholders’ equity 68,625 66,226
Total liabilities, temporary equity, and stockholders’ equity $ 122,107 $ 113,327