Hi,

Here I show both income statement and balance sheet for 2015 and 2016. I want to forecast income statement and balance sheet for 2017, 2018 and 2019, according to the assumptions shown below... Thank you

Consolidated Income Statement For the year ended December 31,
(In millions)	2016	2015
Net sales
Products	35,691	37,817
Services	9,667	9,365
Total net sales	45,358	47,182
Cost of sales
Products	31,346	33,495
Services	8,588	8,383
Goodwill impairment charge	195	0
Severance and other charges	201	48
Other unallocated corporate costs	841	1,060
Total cost of sales	41,171	42,986
Gross profit	4,187	4,196
Other operating income	318	238
Operating profit	4,505	4,434
Interest expense	350	383
Other nonoperating income	0	21
Earnings before income taxes	4,155	4,072
Income tax expense	1,205	13,329
Net earnings from continuing operations	2,950	2,745
Net earnings (loss) from discontinued operations	31	0
Net earnings	2,981	2,745

Consolidated Balance Sheet At December 31,
(In millions)
	2016	2015
Cash and equivalents	2,617	1,898
Receivables, net	5,834	6,563
Inventories, net	2,977	2,937
Deferred income taxes	1,088	1,269
Other current assets	813	1,188
Total current assets	13,329	13,855
Property, plant and equipment, net	4,706	4,675
Goodwill	10,348	10,370
Deferred income taxes	2,850	4,809
Other noncurrent assets	4,955	4,948
Total assets	36,188	38,657
Accounts payable	1,397	2,038
Customer advances and amounts in excess of costs	6,349	6,503
Salaries, benefits and payroll taxes	1,809	1,649
Current portion of long-term debt	0	150
Other current liabilities	1,565	1,815
Total current liabilities	11,120	12,155
Long-term debt, net	6,152	6,158
Accrued pension liabilities	9,361	15,278
Other postretirement benefit liabilities	902	1,220
Other noncurrent liabilities	3,735	3,807
Total liabilities	31,270	38,618
Common stock	319	321
Retained earnings	14,200	13,211
Accumulated other comprehensive (loss)	-9,601	-13,493
Total stockholders equity	4,918	39
Total liabilities and stockholders equity	36,188	38,657

Assumptions: To forecast the financial statements, make the following assumptions. For accounts that are not included in the list below, assume that the amount will not change for the forecasted year.
Growth in Net sales: Products	2.0%
Growth in Net sales: Services	3.05%
Cost of sales margin - Products	Estimate
Cost of sales margin Service	Estimate
Goodwill impairment charges ($)	0
Severances and other charges ($)	0
Other nonoperating income ($)	0
Interest expense @ 6% of beginning-of-year long-term debt
Income tax expense to earnings before tax	25.0%
Earnings from discontinued operations ($)	0
A/R to total net sales	12.9%
Inventories to Net sales: Products	8.3%
Depreciation expense to start of year PPE, net	21.2%
CAPEX to total net sales	2.8%
Additions to CAPEX to be funded by new Long-term Debt
A/P to total net sales	3.1%
Customer advances to total net sales	14.0%
Salaries, benefits and payroll taxes to non-product cost-of-sales	19.0%
Growth in accrued pension liabilities to non-product cost-of-sales	2%
Other postretirement benefit liabilities to balance of accrued pensions	10.0%
Dividends to net earnings with an additional $5,000 special dividend in 2019	55%

(FORECASTED) Consolidated Income Statement For the year ended December 31,
	2017	2018	2019
Net sales	?	?	?
Products	?	?	?
Services	?	?	?
Total net sales	?	?	?
Cost of sales	?	?	?
Products	?	?	?
Services	?	?	?
Goodwill impairment charge	?	?	?
Severance and other charges	?	?	?
Other unallocated corporate costs	?	?	?
Total cost of sales	?	?	?
Gross profit	?	?	?
Other operating income	?	?	?
Operating profit	?	?	?
Interest expense	?	?	?
Other nonoperating income	?	?	?
Earnings before income taxes	?	?	?
Income tax expense	?	?	?
Net earnings from continuing operations	?	?	?
Net earnings (loss) from discontinued operations	?	?	?
Net earnings	?	?	?
(FORECASTED) Consolidated Balance Sheet At December 31,
	2017	2018	2019
Cash and equivalents	?	?	?
Receivables, net	?	?	?
Inventories, net	?	?	?
Deferred income taxes	?	?	?
Other current assets	?	?	?
Total current assets	?	?	?
Property, plant and equipment, net	?	?	?
Goodwill	?	?	?
Deferred income taxes	?	?	?
Other noncurrent assets	?	?	?
Total assets	?	?	?
Accounts payable	?	?	?
Customer advances and amounts in excess of costs	?	?	?
Salaries, benefits and payroll taxes	?	?	?
Current portion of long-term debt	?	?	?
Other current liabilities	?	?	?
Total current liabilities	?	?	?
Long-term debt, net	?	?	?
Accrued pension liabilities	?	?	?
Other postretirement benefit liabilities	?	?	?
Other noncurrent liabilities	?	?	?
Total liabilities	?	?	?
Common stock	?	?	?
Retained earnings	?	?	?
Accumulated other comprehensive (loss)	?	?	?
Total stockholders equity	?	?	?
Total liabilities and stockholders equity	?	?	?