Consolidated Balance Sheets

(Millions of dollars, except share amounts)

Sept. 30,

2013

Sept. 30,

2012

Jun. 30,

2013

Assets

Current assets:

   Cash and cash equivalents

$   1,435

$    1,210

$    1,180

   Short-term investments

2,158

2,451

2,064

   Accounts receivable, net of allowances of ($29), ($23) and ($31)

1,524

1,623

1,491

   Raw materials

107

124

101

   Work in process

954

988

926

   Finished goods

665

736

693

   Inventories

1,726

1,848

1,720

   Deferred income taxes

1,039

1,043

1,070

   Prepaid expenses and other current assets

219

409

513

   Total current assets

8,101

8,584

8,038

Property, plant and equipment at cost

6,539

6,806

6,679

   Less accumulated depreciation

(3,030)

(2,751)

(3,068)

   Property, plant and equipment, net

3,509

4,055

3,611

Long-term investments

210

225

203

Goodwill, net

4,362

4,452

4,362

Acquisition-related intangibles, net

2,305

2,643

2,388

Deferred income taxes

227

199

253

Capitalized software licenses, net

139

166

159

Overfunded retirement plans

119

29

106

Other assets

272

161

278

Total assets

$ 19,244

$  20,514

$  19,398

Liabilities and Stockholders' Equity

Current liabilities:

   Current portion of long-term debt

$   1,000

$    1,500

$    1,000

   Accounts payable

426

501

437

   Accrued compensation

567

552

463

   Income taxes payable

37

106

218

   Deferred income taxes

2

3

2

   Accrued expenses and other liabilities

691

766

682

   Total current liabilities

2,723

3,428

2,802

Long-term debt

4,161

4,190

4,165

Underfunded retirement plans

253

350

240

Deferred income taxes

564

593

584

Deferred credits and other liabilities

492

550

539

Total liabilities

8,193

9,111

8,330

Stockholders' equity:

   Preferred stock, $25 par value. Authorized – 10,000,000 shares.

       Participating cumulative preferred.  None issued.

--

--

--

   Common stock, $1 par value. Authorized – 2,400,000,000 shares.

       Shares issued – 1,740,815,939

1,741

1,741

1,741

   Paid-in capital

1,125

1,193

1,117

   Retained earnings

27,993

27,179

27,677

   Less treasury common stock at cost:

      Shares:  Sept. 30, 2013 – 646,252,825; Sept. 30, 2012 –

       620,012,959; Jun. 30, 2013 – 639,643,135

(19,236)

(18,093)

(18,877)

    Accumulated other comprehensive income (loss), net of taxes

(572)

(617)

(590)

    Total stockholders' equity

11,051

11,403

11,068

Total liabilities and stockholders' equity

$  19,244

$    20,514

$   19,398