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Condensed Consolidated Statement of Cash Flows - USD ($)
$ in Millions
9 Months Ended
Sep. 30, 2018
Sep. 30, 2017
Statement of Cash Flows [Abstract]    
Net Income from operations $ 4,856 $ 4,434
Adjustments to reconcile income from continuing operations to net cash flows provided by operating activities of continuing operations:    
Depreciation and amortization 1,766 1,582
Deferred income tax provision 70 724
Stock compensation cost 181 145
Gain on sale of Taylor Company 799 0
Change in:    
Accounts receivable 2,379 1,051
Contract assets, current 892 0
Inventories and contracts in progress 991 1,249
Other current assets (262) (78)
Accounts payable and accrued liabilities 3,044 1,864
Contract liabilities, current 313 0
Global pension contributions 72 2,008
Canadian Government Settlement (221) (246)
Other operating activities, net 821 1,163
Net cash flows provided by operating activities of continuing operations 4,317 3,110
Investing Activities of Continuing Operations:    
Capital expenditures 1,122 1,214
Investments in businesses 177 196
Dispositions of businesses 1,099 37
Proceeds from the sale of the investment in Watsco Inc. 0 596
Increase in customer financing assets 453 525
Increase in collaboration intangible assets 302 290
Payments (receipts) from settlements of derivative contracts (71) 183
Other investing activities, net 135 (117)
Net cash flows used in investing activities of continuing operations (1,019) (1,658)
Financing Activities of Continuing Operations:    
Proceeds from Issuance of Long-term Debt 13,409 4,044
Repayments of Long-term Debt 2,093 1,587
Increase in short-term borrowings, net 1,228 400
Proceeds from Common Stock issued under employee stock plans 33 25
Dividends paid on Common Stock 1,606 1,541
Repurchase of Common Stock 72 1,430
Other financing activities, net (60) (204)
Net cash flows provided by (used in) financing activities of continuing operations 10,839 (293)
Effect of Exchange Rate on Cash and Cash Equivalents [Abstract]    
Effect of foreign exchange rate changes on cash and cash equivalents (111) 208
Net increase in cash and cash equivalents 14,026 1,367
Cash and Cash Equivalents, beginning of year 9,018 7,189
Cash and Cash Equivalents, end of period 23,044 8,556
Restricted Cash 9,245 33
Cash and cash equivalents, end of period $ 13,799 $ 8,523