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LIABILITIES AND SHARE-OWNERS' EQUITY
March 31, December 31,
1996 1995
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CURRENT
Accounts payable and accrued expenses $ 2,920 $ 2,894
Loans and notes payable 2,852 2,371
Current maturities of long-term debt 289 552
Accrued taxes 1,684 1,531
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TOTAL CURRENT LIABILITIES 7,745 7,348
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LONG-TERM DEBT 1,149 1,141
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OTHER LIABILITIES 1,013 966
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DEFERRED INCOME TAXES 180 194
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SHARE-OWNERS' EQUITY
Common stock, $.25 par value -
Authorized: 5,600,000,000 shares
Issued: 3,425,780,156 shares at
March 31; 3,423,678,994 shares at
December 31 856 856
Capital surplus 895 863
Reinvested earnings 13,282 12,882
Unearned compensation related to
outstanding restricted stock (61) (68)
Foreign currency translation adjustment (449) (424)
Unrealized gain on securities
available-for-sale 122 82
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14,645 14,191
Less treasury stock, at cost
(926,690,000 shares at March 31;
919,081,326 shares at December 31) 9,105 8,799
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5,540 5,392
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$ 15,627 $ 15,041
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