Annual report pursuant to Section 13 and 15(d)

EQUITY METHOD INVESTMENTS (Tables)

v2.4.0.8
EQUITY METHOD INVESTMENTS (Tables)
 12 Months Ended
Dec. 31, 2013
EQUITY METHOD INVESTMENTS [Abstract]  
Summary of financial information for equity method investees
A summary of financial information for our equity method investees in the aggregate is as follows (in millions):
Year Ended December 31,
2013

 
2012

 
2011

Net operating revenues
$
53,038

 
$
47,087

 
$
42,472

Cost of goods sold
32,377

 
28,821

 
26,271

Gross profit
$
20,661

 
$
18,266

 
$
16,201

Operating income
$
4,380

 
$
4,605

 
$
4,181

Consolidated net income
$
2,364

 
$
2,993

 
$
2,237

Less: Net income attributable to noncontrolling interests
62

 
89

 
99

Net income attributable to common shareowners
$
2,302

 
$
2,904

 
$
2,138

Equity income (loss) — net
$
602

 
$
819

 
$
690

December 31,
2013

 
2012

Current assets
$
19,229

 
$
16,054

Noncurrent assets
40,427

 
32,687

Total assets
$
59,656

 
$
48,741

Current liabilities
$
14,386

 
$
12,004

Noncurrent liabilities
17,779

 
12,272

Total liabilities
$
32,165

 
$
24,276

Equity attributable to shareowners of investees
$
26,668

 
$
23,827

Equity attributable to noncontrolling interests
823

 
638

Total equity
$
27,491

 
$
24,465

Company equity investment
$
10,393

 
$
9,216