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CONSOLIDATED STATEMENTS OF CASH FLOWS (USD $)
In Millions, unless otherwise specified
12 Months Ended
Dec. 31, 2012
Dec. 31, 2011
Dec. 31, 2010
Cash flows from operating activities:      
Net income $ 2,483 $ 1,985 $ 1,659
Adjustments to reconcile net income to net cash provided by operating activities:      
Depreciation and amortization 628 555 507
Deferred income taxes (97) (352) (165)
Stock-based compensation 80 73 66
Excess tax benefit from the exercise of stock options (25) (22) (10)
Equity income in unconsolidated affiliates (58) (46) (36)
Dividend from unconsolidated affiliates 61 45 17
Other 84 69 135
Change in operating assets and liabilities, net of acquisitions:      
Receivables (517) (696) (189)
Inventories (1,061) (591) 39
Costs in excess of billings (632) 222 (4)
Prepaid and other current assets (224) (44) 15
Accounts payable (19) 205 40
Billings in excess of costs 324 354 (620)
Income taxes payable (409) 283 286
Other assets/liabilities, net 2 103 (198)
Net cash provided by operating activities 620 2,143 1,542
Cash flows from investing activities:      
Purchases of property, plant and equipment (583) (483) (232)
Business acquisitions, net of cash acquired (2,880) (1,038) (556)
Dividend from unconsolidated affiliate   13 16
Other, net 35 50 29
Net cash used in investing activities (3,428) (1,458) (743)
Cash flows from financing activities:      
Borrowings against lines of credit and other debt 5,575   3
Payments against lines of credit and other debt (2,938) (391) (16)
Cash dividends paid (209) (191) (172)
Proceeds from stock options exercised 113 96 73
Excess tax benefit from the exercise of stock options 25 22 10
Other 17    
Net cash provided by (used in) financing activities 2,583 (464) (102)
Effect of exchange rates on cash 9 (19) 14
Increase (decrease) in cash and cash equivalents (216) 202 711
Cash and cash equivalents, beginning of period 3,535 3,333 2,622
Cash and cash equivalents, end of period 3,319 3,535 3,333
Cash payments during the period for:      
Interest 40 44 56
Income taxes $ 1,572 $ 945 $ 551