Annual report pursuant to Section 13 and 15(d)

Accounting Policies (Tables)

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Accounting Policies (Tables)
 12 Months Ended
Dec. 31, 2011
Accounting Policies (Tables) [Abstract]  
Inventories [Table Text Block]

We compute inventory cost on a currently adjusted standard basis (which approximates actual cost on an average or first-in, first-out basis). Inventories at year-ends were as follows:

(In Millions) 2011   2010
Raw materials $ 644   $ 471
Work in process   1,680     1,887
Finished goods   1,772     1,399
Total inventories $ 4,096   $ 3,757
Property, Plant and Equipment [Table Text Block]

Property, plant and equipment, net at year-ends was as follows:

(In Millions) 2011   2010
Land and buildings $ 17,883   $ 17,421
Machinery and equipment   34,351     30,421
Construction in progress   5,839     2,639
Total property, plant and equipment, gross   58,073     50,481
Less: accumulated depreciation   (34,446)     (32,582)
Total property, plant and equipment, net $ 23,627   $ 17,899
Schedule Of Useful Life Ranges For Identified Intangible Assets [Table Text Block]

The estimated useful life ranges for identified intangible assets that are subject to amortization as of December 31, 2011 are as follows:

    Estimated
    Useful Life
    (In Years)
Acquisition-related developed technology 3–9
Acquisition-related customer relationships 2–8
Acquisition-related trade names 5–7
Licensed technology 5–17