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Using the attached information ; create a statement of financial position for XYZ corp I don't understand how this is an incorrect question. Can someone

image text in transcribedimage text in transcribedUsing the attached informationimage text in transcribed; create a statement of financial position for XYZ corp

I don't understand how this is an incorrect question. Can someone please help me?

2018 2017 2016 $10,460 $8,458 $5,034 202 2,114 190 1,889 202 2,047 113 2 (21) 293 (3) (75) 247 371 (795) (1,826) 2,636 568 1,117 (180) (Dollars in millions) Years ended December 31, Cash flows-operating activities: Net earings Adjustments to reconcile net earnings to net cash provided by operating activities: Non-cash items - Share-based plans expense Depreciation and amortization Investment/asset impairment charges, net Customer financing valuation (benefityexpense (Gain Wloss on dispositions, net Other charges and credits, net Changes in assets and liabilities - Accounts receivable Unbilled receivables Advances and progress billings Inventories Other current assets Accounts payable Accrued liabilities Income taxes receivable, payable and deferred Other long-term liabilities Pension and other postretirement plans Customer financing, net Other Net cash provided by operating activities Cash flows - Investing activities: Property, plant and equipment additions Property, plant and equipment reductions Acquisitions, net of cash acquired Contributions to investments Proceeds from investments Purchase of distribution rights Other Net cash used by investing activities Cash flows - financing activities: New borrowings Debt repayments Repayments of distribution rights and other asset financing Contributions from noncontrolling interests Stock options exercised Employee taxes on certain share-based payment arrangements Common shares repurchased Dividends paid Net cash used by financing activities Effect of exchange rate changes on cash and cash equivalents Net (decrease) / increase in cash & cash equivalents, including restricted Cash & cash equivalents, including restricted, at beginning of year Cash & cash equivalents, including restricted, at end of year Less restricted cash & cash equivalents, included in Investments Cash and cash equivalents at end of year (840) (1,600) 4,700 (1,403) (19) 130 335 656 94 (582) 1.041 (260) 13.346 326 792 (1,362) 4,004 (200) 622 312 (734) (68) 153 (662) (261) 10.496 (153) 120 610 15,322 (1,722) 120 (3,230) (2,607) 2,898 (69) (11) (4,621) (1,739) 92 (324) (3,569) 3,607 (131) 6 (2.058) 2,613) 38 (297) (1,719) 1,206 (3.378) 8,548 (7,183) 2,077 (953) 1,325 (1,359) (24) 35 311 81 (257) (132) (9,000) (9,236) (3,946) (3.417) (11,722) (11,350) (53) 80 (1,074) 18 8,8878 ,869 7,813 8.887 176 74 $7,637 $8.813 321 (93) (7,001) (2.756) (9.587) (33) (2.502) 11,371 8.869 68 $8.801 2018 2017 $8,813 1,179 2,894 8,194 $7,637 927 3,879 10,025 460 62,567 2,335 87,830 2,418 12,645 7,840 3,429 284 1,087 1,826 $117,359 309 61,388 2,417 85,194 2,756 12,672 5,559 2,573 321 1,260 2,027 $112,362 December 31, Assets Cash and cash equivalents Short-term and other investments Accounts receivable, net Unbilled receivables, net Current portion of customer financing, net Inventories Other current assets Total current assets Customer financing, net Property, plant and equipment, net Goodwill Acquired intangible assets, net Deferred income taxes Investments Other assets, net of accumulated amortization of $503 and $482 Total assets Liabilities and equity Accounts payable Accrued liabilities Advances and progress billings Short-term debt and current portion of long-term debt Total current liabilities Deferred income taxes Accrued retiree health care Accrued pension plan liability, net Other long-term liabilities Long-term debt Shareholders' equity: Common stock, par value $5.00 - 1,200,000,000 shares authorized; 1,012,261,159 shares issued Additional paid-in capital Treasury stock, at cost Retained earnings Accumulated other comprehensive loss Total shareholders' equity Noncontrolling interests Total equity Total liabilities and equity $12,916 14,808 50,676 3,190 81,590 1,736 4,584 15,323 3,059 10,657 $12.202 13,069 48,042 1,335 74,648 2,188 5,545 16,471 2,015 9,782 5,061 5,061 6,768 6,804 (52,348) (43,454) 55,941 49,618 (15,083) (16,373) 339 1,656 71 57 4101,713 $117,359 $112,362 2018 $10,460 202 2,114 (75) 247 (795) (1,826) 2,636 568 98 1,117 (180) 87 (Dollars in millions) Years ended December 31, Cash flows-operating activities: Net earings Adjustments to reconcile net earnings to net cash provided by operating activities: Non-cash items - Share-based plans expense Depreciation and amortization Investment/asset impairment charges, net Customer financing valuation (benefity expense (Gain Yloss on dispositions, net Other charges and credits, net Changes in assets and liabilities - Accounts receivable Unbilled receivables Advances and progress billings Inventories Other current assets Accounts payable Accrued liabilities Income taxes receivable, payable and deferred Other long-term liabilities Pension and other postretirement plans Customer financing, net Other Net cash provided by operating activities Cash flows - Investing activities: Property, plant and equipment additions Property, plant and equipment reductions Acquisitions, net of cash acquired Contributions to investments Proceeds from investments Purchase of distribution rights Other Net cash used by investing activities Cash flows-financing activities: New borrowings Debt repayments Repayments of distribution rights and other asset financing Contributions from noncontrolling interests Stock options exercised Employee taxes on certain share-based payment arrangements Common shares repurchased Dividends paid Net cash used by financing activities Effect of exchange rate changes on cash and cash equivalents Net (decreaso) / increase in cash & cash equivalents, including restricted Cash & cash equivalents, including restricted, at beginning of year Cash & cash equivalents, including restricted, at end of year Less restricted cash & cash equivalents, included in Investments Cash and cash equivalents at end of year (153) 120 610 15,322 (1,722) 120 (3,230) (2,607) 2,898 (69) (11) (4,621) 8,548 (7,183) 35 81 (257) (9,000) (3,946) (11,722) (53) (1,074) 8,887 7,813 176 $7,637 2018 2017 2016 $10,460 $8,458 $5,034 202 2,114 190 1,889 202 2,047 113 2 (21) 293 (3) (75) 247 371 (795) (1,826) 2,636 568 1,117 (180) (Dollars in millions) Years ended December 31, Cash flows-operating activities: Net earings Adjustments to reconcile net earnings to net cash provided by operating activities: Non-cash items - Share-based plans expense Depreciation and amortization Investment/asset impairment charges, net Customer financing valuation (benefityexpense (Gain Wloss on dispositions, net Other charges and credits, net Changes in assets and liabilities - Accounts receivable Unbilled receivables Advances and progress billings Inventories Other current assets Accounts payable Accrued liabilities Income taxes receivable, payable and deferred Other long-term liabilities Pension and other postretirement plans Customer financing, net Other Net cash provided by operating activities Cash flows - Investing activities: Property, plant and equipment additions Property, plant and equipment reductions Acquisitions, net of cash acquired Contributions to investments Proceeds from investments Purchase of distribution rights Other Net cash used by investing activities Cash flows - financing activities: New borrowings Debt repayments Repayments of distribution rights and other asset financing Contributions from noncontrolling interests Stock options exercised Employee taxes on certain share-based payment arrangements Common shares repurchased Dividends paid Net cash used by financing activities Effect of exchange rate changes on cash and cash equivalents Net (decrease) / increase in cash & cash equivalents, including restricted Cash & cash equivalents, including restricted, at beginning of year Cash & cash equivalents, including restricted, at end of year Less restricted cash & cash equivalents, included in Investments Cash and cash equivalents at end of year (840) (1,600) 4,700 (1,403) (19) 130 335 656 94 (582) 1.041 (260) 13.346 326 792 (1,362) 4,004 (200) 622 312 (734) (68) 153 (662) (261) 10.496 (153) 120 610 15,322 (1,722) 120 (3,230) (2,607) 2,898 (69) (11) (4,621) (1,739) 92 (324) (3,569) 3,607 (131) 6 (2.058) 2,613) 38 (297) (1,719) 1,206 (3.378) 8,548 (7,183) 2,077 (953) 1,325 (1,359) (24) 35 311 81 (257) (132) (9,000) (9,236) (3,946) (3.417) (11,722) (11,350) (53) 80 (1,074) 18 8,8878 ,869 7,813 8.887 176 74 $7,637 $8.813 321 (93) (7,001) (2.756) (9.587) (33) (2.502) 11,371 8.869 68 $8.801 2018 2017 $8,813 1,179 2,894 8,194 $7,637 927 3,879 10,025 460 62,567 2,335 87,830 2,418 12,645 7,840 3,429 284 1,087 1,826 $117,359 309 61,388 2,417 85,194 2,756 12,672 5,559 2,573 321 1,260 2,027 $112,362 December 31, Assets Cash and cash equivalents Short-term and other investments Accounts receivable, net Unbilled receivables, net Current portion of customer financing, net Inventories Other current assets Total current assets Customer financing, net Property, plant and equipment, net Goodwill Acquired intangible assets, net Deferred income taxes Investments Other assets, net of accumulated amortization of $503 and $482 Total assets Liabilities and equity Accounts payable Accrued liabilities Advances and progress billings Short-term debt and current portion of long-term debt Total current liabilities Deferred income taxes Accrued retiree health care Accrued pension plan liability, net Other long-term liabilities Long-term debt Shareholders' equity: Common stock, par value $5.00 - 1,200,000,000 shares authorized; 1,012,261,159 shares issued Additional paid-in capital Treasury stock, at cost Retained earnings Accumulated other comprehensive loss Total shareholders' equity Noncontrolling interests Total equity Total liabilities and equity $12,916 14,808 50,676 3,190 81,590 1,736 4,584 15,323 3,059 10,657 $12.202 13,069 48,042 1,335 74,648 2,188 5,545 16,471 2,015 9,782 5,061 5,061 6,768 6,804 (52,348) (43,454) 55,941 49,618 (15,083) (16,373) 339 1,656 71 57 4101,713 $117,359 $112,362 2018 $10,460 202 2,114 (75) 247 (795) (1,826) 2,636 568 98 1,117 (180) 87 (Dollars in millions) Years ended December 31, Cash flows-operating activities: Net earings Adjustments to reconcile net earnings to net cash provided by operating activities: Non-cash items - Share-based plans expense Depreciation and amortization Investment/asset impairment charges, net Customer financing valuation (benefity expense (Gain Yloss on dispositions, net Other charges and credits, net Changes in assets and liabilities - Accounts receivable Unbilled receivables Advances and progress billings Inventories Other current assets Accounts payable Accrued liabilities Income taxes receivable, payable and deferred Other long-term liabilities Pension and other postretirement plans Customer financing, net Other Net cash provided by operating activities Cash flows - Investing activities: Property, plant and equipment additions Property, plant and equipment reductions Acquisitions, net of cash acquired Contributions to investments Proceeds from investments Purchase of distribution rights Other Net cash used by investing activities Cash flows-financing activities: New borrowings Debt repayments Repayments of distribution rights and other asset financing Contributions from noncontrolling interests Stock options exercised Employee taxes on certain share-based payment arrangements Common shares repurchased Dividends paid Net cash used by financing activities Effect of exchange rate changes on cash and cash equivalents Net (decreaso) / increase in cash & cash equivalents, including restricted Cash & cash equivalents, including restricted, at beginning of year Cash & cash equivalents, including restricted, at end of year Less restricted cash & cash equivalents, included in Investments Cash and cash equivalents at end of year (153) 120 610 15,322 (1,722) 120 (3,230) (2,607) 2,898 (69) (11) (4,621) 8,548 (7,183) 35 81 (257) (9,000) (3,946) (11,722) (53) (1,074) 8,887 7,813 176 $7,637

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