| Assets |
December 31 |
| 2009 |
2008 |
| Current assets: |
|
|
| Cash and cash equivalents |
$ 2,082 |
$ 1,124 |
| Receivables (less allowance for bad debts of $90 and $60) |
2,964 |
3,795 |
| Inventories |
1,598 |
1,828 |
| Investments in marketable securities |
1,312 |
1, |
| Current deferred income taxes |
210 |
246 |
| Other current assets |
472 |
418 |
| Total current assets |
8,638 |
7,411 |
| Property, plant, and equipment (net of accumulated depreciation of $5,230 and $4,566) |
5,759 |
4,782 |
| Goodwill |
1,100 |
1,072 |
| Other assets |
1,041 |
1,120 |
| Total assets |
$ 16,538 |
$ 14,385 |
| Liabilities and Shareholders’ Equity |
|
|
|
| Current liabilities: |
|
|
| Accounts payable |
$ 787 |
$ 898 |
| Current maturities of long-term debt |
750 |
26 |
| Accrued employee compensation and benefits |
514 |
643 |
| Deferred revenue |
215 |
231 |
| Department of Justice (DOJ) and Securities and Exchange Commission (SEC) settlement and indemnity, current |
|
|
| Other current liabilities |
142 |
373 |
| Total current liabilities |
481 |
610 |
| Long-term debt |
2,889 |
2,781 |
| Long-term debt |
3,824 |
2,586 |
| Employee compensation and benefits |
462 |
539 |
| Other liabilities |
606 |
735 |
| Total liabilities |
7,781 |
6,641 |
| Shareholders’ equity: |
|
|
| Common shares, par value $2.50 per share – authorized 2,000 shares, issued 1,067 |
2,669 |
2,666 |
| Paid-in capital in excess of par value |
411 |
484 |
| Accumulated other comprehensive loss |
(213) |
(215) |
| Retained earnings |
10,863 |
10,041 |
| Treasury stock, at cost – 165 and 172 shares |
(5,002) |
(5,251) |
| Company shareholders’ equity |
8,728 |
7,725 |
| Noncontrolling interest in consolidated subsidiaries |
29 |
19 |
| Total shareholders’ equity |
8,757 |
7,744 |
| Total liabilities and shareholders’ equity |
$ 16,538 |
$ 14,385 |