I cannot get my balance sheet to balance.  I am forecasting for period 20x7. The Income Statement provided is this:

 

Income statement
For year ended December 31 (in millions)			20x6	20x5	20x4
Net Sales			13234	13994	14089
Cost of goods sold			8670	7375	8086
	gross profit		4564	5619	6003
selling, general, and administrative expenses			2781	2665	2846
Research and development costs			779	784	817
Restructuiring costs (credits) and other			659	-44	350
	earnings from operations		345	2214	1990
Interest expense			219	178	142
other income (charges)			-18	96	261
Earnings before income taxes			108	2132	2109
provision for income taxes			32	725	717
	net earnings		76	1407	1392

Here was my forecast for the income statement for 20x7:
 

		20x7
Net sales		12515.27
cost of goods sold		8199.14
gross profit		4316.13
selling, general, and administrative expenses		1906.45
Research and development costs		779.00
Depreciation		765.94
Restructuiring costs (credits) and other		0.00
	earnings from operations	864.75
Interest expense		312.87
other income (charges)		-18.00
Earnings before income taxes		533.88
provision for income taxes		158.19
	net earnings	375.69

So now I am trying to forecast the balance sheet for 20x7 and here is the previous balance sheet and my forecast:
 

Balance Sheet
At December 31 (in millions excpet share and per share data)			20x6	20x5	step	20x7
Current Assets
	cash and cash equivalents		448	246
	receivables, net		2337	2653	1	2211.18	12515.27/5.66
	Inventories, Net		1137	1718	2	1074.59	8199.14/7.63
	Deferred income taxes		521	575	12	521.00	no change
	other current assets		240	299	3	240.00	no change
		total current assets	4683	5491		4046.77
	property plant and equipment, net		5659	5919	4	5881.77	5659+(12515.27*0.079) - (12982*0.059)
	goodwill, net		948	947	4	948.00	no change
	other long-term asets		2072	1855	7	2072.00	no change
		total assets	13362	14212		12948.54
Liabilities and Shareholder's equity
current liabilities
	accounts payable and current liabilities		3276	3403	8	3094.00	8199.14/2.65
	short-term borrowings		1378	2058		1378.00	no change
	current portion of long-term debt		156	148	9	13.00	per assumption
	accrued income taxes		544	606		544.00	no change
		total current liabilities	5354	6215		5029.00
	Long-term debt, net of current portion		1666	1166	13	1653.00
	post-employment liabilities		2728	2722		2728.00	no change
	other long-term liabilities		720	681		720.00	no change
		total liabilities	10468	10784		10130.00
Shareholders' equity
	common stock, $2.50 par value
		950,000,000 shares authorized: issued 391,292,760 shares in 20x6 and 20x5
		290,929,701 and 290,484,266 shares outstanding in 20x6 and 20x5	978	978		978.00	no change
	Additional paid in capital		849	871		849.00	no change
	retained earnings		7431	7869		7293.39	7431+375.69-(1.77*290)
	accumulated other comprehensive loss		-597	-482		-597.00	no change
			8661	9236		8523.39
	Treasury stock, at cost; 100363059 shares in 20x6 and 100808494 shares in 20x5		-5767	-5808		-5767.00	no change
		total shareholders' equity	2894	3428		2756.39
		total liabilities and shareholders' equity	13362	14212		12886.39

Also here are the ratios I have calculated:
 

Growth rate -	-0.054309	(13234+13994)/13994
Gross profit margin	34.49%	(13234-8670)/13234*100
SGA Percentage	0.15233	(2781-765)/13234
Depreciation expense / gross prior year PPE	0.059	765/12963
Interest expense / prior- year long term debt	0.1878	219/1166
income tax expense / pretax income	0.2963	32/108

Accounts receivable turnover rate		5.66	13234/2337
inventory turn over rate		7.63	7.63
accounts payable turnover rate		2.65	8670/3276
acrued expenses turnover rate
taxes payable / tax expense		1.044	544/521
dividends per share		1.77	514000000/290929701
capital expenditures (CAPEX) in millions		988.71	12515.27*0.079
CAPEX/Sales		0.079	0.0791144
depreciation estimate			45.135

and finally here are the assumptions:
a.  All financial ratios remain at 20x6 levels.

b.  Kodak will not record restructuring costs for 20x7.

c.  Taxes payable are at the 20x6 level of $544 million.

d.  Depreciation expense charged to SG&A is $765 million and $738 million for 20x6 and 20x5, respectively.

e.  Gross PPE is $12,982 million and $12,963 million for 20x6 and 20x5, respectively.

f.  Projected current maturities of long-term debt are $13 million for 20x7.

g.  Capital expenditures for 20x6 and 20x5 are $1,047 and $783, respectively

the balance sheet is way off and the assets are larger than the liabilities and I haven't even calculated teh cash.  Where have I gone wrong?