 |
|
|
|
(millions of dollars) |
June 29, 1997 |
June 30, 1996 |
|
| Assets |
|
|
| Current Assets |
|
|
| Cash and cash equivalents |
$ 1,514 |
$ 870 |
| Short-term investments |
723 |
1,106 |
| Accounts receivable, less allowances |
2,525 |
2,133 |
| Short-term loans |
220 |
334 |
| Inventories |
1,664 |
1,441 |
| Prepaid expenses, taxes and other current assets |
697 |
607 |
|
| Total current assets |
7,343 |
6,491 |
| Long-term loans and investments |
1,224 |
606 |
| Property, plant and equipment, less accumulated depreciation |
3,943 |
3,571 |
| Intangibles, less accumulated amortization, and other assets |
3,222 |
2,951 |
|
| Total assets |
$15,732 |
$13,619 |
|
| Liabilities and Shareholders’ Equity |
|
|
| Current Liabilities |
|
|
| Short-term borrowings, including current portion of long-term debt |
$2,978 |
$2,545 |
| Other |
3,444 |
3,303 |
|
| Total current liabilities |
6,422 |
5,848 |
| Long-term debt |
731 |
583 |
| Postretirement benefit obligation other than pension plans |
407 |
428 |
| Deferred taxes on income and other non-current liabilities |
958 |
727 |
| Minority interests |
40 |
49 |
| Shareholders’ equity |
7,174 |
5,984 |
|
| Total liabilities and shareholders’ equity |
$15,732 |
$13,619 |
|
| First Half Stock Prices*
|
|
|
Six Months Ended
 |
| |
June 29, 1997 |
June 30, 1996 |
|
| High |
$61 9/16 |
$38 11/16 |
| Low |
$40 5/16 |
$30 1/16 |
|
| *As reported in The Wall Street Journal; adjusted to reflect the June 1997 two-for-one stock split in the form of a 100% stock dividend.
|
