My EDC consists ONLY of a knife & a wristwatch! But sometimes I carry my iphone 5, a wallet, keys & maybe a flashlight or headlamp.
And it varies. I may be wearing my Oris TT1 or maybe my solar G-Shock. I may be carrying a Shirogorov (~very~ rarely) or maybe an ESEE-3. Typically though it'd be: Watch>Knife>Phone>Light>Keys (keys, Leatherman carabiner, Benchmade sharpener, & a handmade copper fob a buddy made that has "ARCHMAN" stamped into it) >Wallet