Balance sheet

 USD million  2011*  2012*  2013*  2014* 2015 2016
Current assets 5,504 5,469 5,054 3,861 3,721 4,103
Cash and cash equivalents
797 951 970 549 343 610
Shirt term investments 227 106 485 621 1,243 670
Accounts receivable, net 1,573 1,491 1,459 1,123 921 955
Inventories, net 2,828 2,827 2,124 1,563 1,205 1,549
Non-current assets 11,753 12,988 11,408 6,488 5,199 6,136
Property, plant and equipment, net 10,570 11,753 9,892 5,614 4,452 5,328
Total assets 17,257 18,458 16,453 10,349 8,919 10,239
            
Current liabilities 2,940 3,302 2,320 1,628 1,314 1,729
Short term borrowings 1,306 1,816 1,137 804 560 468
Non-current liabilities 4,212 4,065 3,734 2,465 2,468 2,199
Long term borrowings
3,074 2,816 3,053 1,964 2,116 1,801
Total liabilities 7,152 7,367 6,054 4,093 3,782 3,928
Minority interest -41 -33 28 15 12 18
Stockholders' equity 10,147 11,123 10,399 6,257 5,138 6,311
Total liabilities and stockholders'
equity
17,257 18,458 16,453
10,349 8,919 10,239
Net financial debt 3,355 3,574 2,736 1,598 1,091 689

Note:

*2010-2012 results are presented in accordance with US GAAP; 2013-2014 results are presented in accordance with IFRS