Consolidated Statement of Financial Position - USD ($) $ in Millions	Sep. 30, 2023	Dec. 31, 2022
Current assets:
Cash and cash equivalents	$ 6,545	$ 7,004
Receivables – trade and other	9,134	8,856
Receivables – finance	9,608	9,013
Prepaid expenses and other current assets	5,138	2,642
Inventories	17,580	16,270
Total current assets	48,005	43,785
Property, plant and equipment – net	12,287	12,028
Long-term receivables – trade and other	1,110	1,265
Long-term receivables – finance	11,907	12,013
Noncurrent deferred and refundable income taxes	2,719	2,213
Intangible assets	604	758
Goodwill	5,268	5,288
Other assets	4,891	4,593
Total assets	86,791	81,943
Short-term borrowings:
Accounts payable	7,827	8,689
Accrued expenses	4,669	4,080
Accrued wages, salaries and employee benefits	2,300	2,313
Customer advances	2,333	1,860
Dividends payable	0	620
Other current liabilities	3,115	2,690
Long-term debt due within one year:
Total current liabilities	33,124	31,531
Long-term debt due after one year:
Liability for postemployment benefits	4,060	4,203
Other liabilities	4,841	4,604
Total liabilities	66,284	66,052
Commitments and contingencies (Notes 11 and 14)
Shareholders’ equity
Common stock, authorized and issued	6,698	6,560
Treasury stock: (9/30/23 – 305,809,881 shares; 12/31/22 – 298,549,134 shares) at cost	(33,865)	(31,748)
Profit employed in the business	49,888	43,514
Accumulated other comprehensive income (loss)	(2,232)	(2,457)
Noncontrolling interests	18	22
Total shareholders’ equity	20,507	15,891
Total liabilities and shareholders’ equity	86,791	81,943
Machinery, Energy & Transportation
Short-term borrowings:
Short-term borrowings	0	3
Long-term debt due within one year:
Long-term debt due within one year	1,043	120
Long-term debt due after one year:
Long-term Debt due after one year	8,470	9,498
Financial Products
Short-term borrowings:
Short-term borrowings	4,218	5,954
Long-term debt due within one year:
Long-term debt due within one year	7,619	5,202
Long-term debt due after one year:
Long-term Debt due after one year	$ 15,789	$ 16,216

Include the following two items 1) The noncurrent portion of the aggregate tax effects as of the balance sheet date of all future tax deductions arising from temporary differences between tax basis and generally accepted accounting principles basis recognition of assets, liabilities, revenues and expenses, which can only be deducted for tax purposes when permitted under enacted tax laws; after deducting the allocated valuation allowance, if any, to reduce such amount to net realizable value. Deferred tax liabilities and assets shall be classified as current or noncurrent based on the classification of the related asset or liability for financial reporting. 2)Carrying amount due more than one year of the balance sheet date (or one operating cycle, if longer) from tax authorities as of the balance sheet date representing refunds of overpayments or recoveries based on agreed-upon resolutions of disputes.

No definition available.