XML 31 R6.htm IDEA: XBRL DOCUMENT v3.3.1.900
Consolidated Statement of Cash Flows - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2015
Dec. 31, 2014
Dec. 31, 2013
Operating Activities of Continuing Operations:      
Income from continuing operations $ 4,356 $ 6,468 $ 5,655
Adjustments to reconcile income from continuing operations to net cash flows provided by operating activities of continuing operations:      
Depreciation and amortization 1,863 1,820 1,735
Deferred income tax provision 662 403 268
Stock compensation cost 158 219 250
Canadian government settlement 867 0 0
Change in:      
Accounts receivable 438 (111) 476
Inventories and contracts in progress 844 636 465
Other current assets 55 115 (72)
Accounts payable and accrued liabilities 490 (89) 1,023
Global pension contributions 147 517 108
Other operating activities, net 214 670 640
Net Cash Provided by (Used in) Operating Activities, Continuing Operations 6,698 6,994 7,314
Investing Activities of Continuing Operations:      
Capital expenditures 1,652 1,594 1,569
Increase in customer financing assets 286 202 242
Decrease in customer financing assets 117 331 108
Investments in businesses 538 402 151
Dispositions of businesses 200 344 1,560
Proceeds from Sale of Finance Receivables 437 593 722
Payments for (Proceeds from) Derivative Instrument, Investing Activities (160) (93) 323
Other investing activities, net 91 169 (16)
Net cash flows used in investing activities of continuing operations (2,527) (2,192) (1,323)
Financing Activities of Continuing Operations:      
Issuance of long-term debt 1,744 98 89
Repayment of long-term debt 1,764 304 2,864
Increase (decrease) in short-term borrowings, net 795 (346) (113)
Proceeds from Issuance of Common Stock - Equity unit settlement 1,100 0 0
Common Stock issued under employee stock plans 41 187 378
Dividends paid on Common Stock 2,184 2,048 1,908
Repurchase of Common Stock 10,000 1,500 1,200
Other financing activities, net (508) (334) (313)
Net cash flows (used in) provided by financing activities of continuing operations (10,776) (4,247) (5,931)
Discontinued Operations:      
Net cash (used in) provided by operating activities (372) 342 (437)
Net cash provided by investing activities 9,000 (113) 210
Cash Provided by (Used in) Financing Activities, Discontinued Operations (9) (12) (9)
Net cash flows (used in) provided by discontinued operations 8,619 217 (236)
Cash and Cash Equivalents, end of period 7,075 5,235 4,619
Effect of foreign exchange rate changes on cash and cash equivalents (174) (156) (41)
Net increase (decrease) in cash and cash equivalents 1,840 616 (217)
Cash and Cash Equivalents, beginning of period 5,235 4,619 4,836
Cash and Cash Equivalents, end of period 7,075 5,235 4,619
Less: Cash and cash equivalents of businesses held for sale 0 6 12
Cash and cash equivalents of continuing operations, end of year 7,075 5,229 4,607
Supplemental Disclosure of Cash Flow Information:      
Interest paid, net of amounts capitalized 1,057 1,076 1,045
Income taxes paid, net of refunds 2,060 2,024 2,789
Domestic Defined Benefit Plan Stock Contributions By Employer $ 250 $ 0 $ 0