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Report Date 12/31/2019 12/31/2018 12/31/2017 12/31/2016 12/31/2015 Scale Millions Millions Millions Millions Millions Cash & cash equivalents 7,469 4,500 7,938 7,990 4,884 Short-term investments 2,794

Report Date 12/31/2019 12/31/2018 12/31/2017 12/31/2016 12/31/2015
Scale Millions Millions Millions Millions Millions
Cash & cash equivalents 7,469 4,500 7,938 7,990 4,884
Short-term investments 2,794 5,801 655 1,306 921
Inventories 9,343 9,125 9,061 8,401 8,153
Trade receivables, gross 9,463 9,141 - - -
Expected credit loss allowance (55) (50) - - -
Trade receivables 9,408 9,091 10,199 10,023 9,696
Other receivables 2,341 2,057 2,223 2,388 2,556
Credit impaired trade & other receivables 17 19 - - -
Trade & other receivables 11,766 11,167 12,422 12,411 12,252
Prepayments & accrued income 498 530 607 573 583
Derivative assets 254 183 231 550 337
Current income tax assets 768 869 919 786 874
Assets held for sale 2,771 8,828 357 25 1,430
Total current assets 35,663 41,003 32,190 32,042 29,434
Property, plant & equipment, gross 56,078 57,669 57,819 55,930 52,899
Accumulated depreciation & impairment (30,526) (30,832) (30,044) (28,376) (26,323)
Rights-of-use assets - leased 3,210 3,119 - - -
Property, plant & equipment 28,762 29,956 27,775 27,554 26,576
Goodwill 28,896 31,702 29,748 33,007 32,772
Intangible assets 17,824 18,634 20,615 20,397 19,236
Investments in associates & joint ventures 11,505 10,792 11,628 10,709 8,675
Financial assets 2,611 2,567 6,003 5,719 5,419
Employee benefits assets 510 487 392 310 109
Current income tax assets 55 58 62 114 128
Deferred tax assets 2,114 1,816 1,967 2,049 1,643
Total non-current assets 92,277 96,012 98,190 99,859 94,558
Total assets 127,940 137,015 130,380 131,901 123,992
Financial debt 14,032 14,694 10,536 12,118 9,629
Trade payables 14,017 13,045 - - -
Social security & sundry taxes & levies 1,900 1,934 - - -
Other payables 2,886 2,821 - - -
Trade & other payables 18,803 17,800 18,872 18,629 17,038
Accruals & deferred income 4,492 4,075 4,094 3,855 3,673
Provisions 802 780 863 620 564
Derivative liabilities 420 448 507 1,068 1,021
Current income tax liabilities 2,673 2,731 1,170 1,221 1,124
Liabilities directly associated with assets held for sale 393 2,502 12 6 272
Total current liabilities 41,615 43,030 36,054 37,517 33,321
Commercial paper 8,053 9,165 - - -
Bonds 22,505 24,869 - - -
Lease liabilities 3,375 3,253 - - -
Other financial debt 3,231 3,107 - - -
Less: current portion (14,032) (14,694) - - -
Financial debt 23,132 25,700 15,932 11,091 11,601
Employee benefits liabilities 6,151 5,919 7,111 8,420 7,691
Provisions 1,162 1,033 2,445 2,640 2,601
Deferred tax liabilities 2,589 2,540 3,559 3,865 3,063
Other payables 429 390 2,502 2,387 1,729
Total non-current liabilities 33,463 35,582 31,549 28,403 26,685
Total liabilities 75,078 78,612 67,603 65,920 60,006
Share capital 298 306 311 311 319
Treasury shares (9,752) (6,948) (4,537) (990) (7,489)
Translation reserve (21,526) (20,432) (19,433) (18,799) (21,129)
Other reserves (45) (183) 989 1,198 -
Retained earnings 83,060 84,620 84,174 82,870 -
Retained earnings & other reserves - - - - 90,637
Total equity attributable to shareholders of the parent 52,035 57,363 61,504 64,590 62,338
Non-controlling interests 827 1,040 1,273 1,391 1,648
Total equity 52,862 58,403 62,777 65,981 63,986
Total liabilities & equity 127,940 137,015 130,380 131,901 123,992

- Estimate the firms weights of debt, preferred stock, and common stock using the firms balance sheet (book value).

- Estimate the firms weights of debt, preferred stock, and common stock using the market value of each capital component.

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