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Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2016
Jun. 30, 2015
Jun. 30, 2016
Jun. 30, 2015
Cash Flows from Operating Activities:        
Net income $ 158 $ 17 $ 194 $ 247
Adjustments required to reconcile net income to cash flows from operating activities:        
Depreciation and amortization 278 297 568 593
Provision for receivables 12 14 27 32
Provision for inventory 6 10 15 16
Net loss (gain) on sales of businesses and assets 4 74 (16) 62
Undistributed equity in net income of unconsolidated affiliates 9 (3) (28) (34)
Stock-based compensation 13 23 27 45
Restructuring and asset impairment charges 63 157 186 171
Payments for restructurings (37) (30) (65) (61)
Defined benefit pension cost 33 32 76 73
Contributions to defined benefit pension plans (35) (57) (71) (98)
Increase in accounts receivable and billed portion of finance receivables (83) (6) (268) (245)
Collections of deferred proceeds from sales of receivables 74 62 133 134
Decrease (increase) in inventories 7 (67) (92) (193)
Increase in equipment on operating leases (68) (69) (130) (139)
Decrease in finance receivables 21 6 85 78
Collections on beneficial interest from sales of finance receivables 7 12 15 27
(Increase) decrease in other current and long-term assets (1) 11 (60) (60)
Decrease in accounts payable and accrued compensation (158) (53) (305) (111)
Decrease in other current and long-term liabilities (119) (57) (186) (83)
Net change in income tax assets and liabilities (27) 17 (74) 49
Net change in derivative assets and liabilities (66) 14 (49) 2
Other operating, net 86 (55) 170 (43)
Net cash provided by operating activities 177 349 152 462
Cash Flows from Investing Activities:        
Cost of additions to land, buildings and equipment (51) (77) (101) (152)
Proceeds from sales of land, buildings and equipment 1 0 20 16
Cost of additions to internal use software (22) (25) (44) (45)
Proceeds from (payments for) Businesses and Interest in Affiliates 3 930 (53) 933
Acquisitions, net of cash acquired 0 (20) (18) (48)
Other investing, net 2 23 4 29
Net cash (used in) provided by investing activities (67) 831 (192) 733
Cash Flows from Financing Activities:        
Net proceeds on short-term debt 249 310 998 514
Proceeds from issuance of long-term debt 5 10 9 673
Payments on long-term debt (257) (267) (965) (1,284)
Common stock dividends (78) (77) (149) (147)
Preferred stock dividends (6) (6) (12) (12)
Proceeds from issuances of common stock 2 4 3 14
Excess tax benefits from stock-based compensation 0 1 0 3
Payments to acquire treasury stock, including fees 0 (395) 0 (611)
Repurchases related to stock-based compensation 0 0 0 (1)
Distributions to noncontrolling interests (1) (2) (12) (56)
Other financing (1) (1) (1) (1)
Net cash used in financing activities (87) (423) (129) (908)
Effect of exchange rate changes on cash and cash equivalents (9) 12 4 (57)
Increase (decrease) in cash and cash equivalents 14 769 (165) 230
Cash and cash equivalents at beginning of period 1,189 872 1,368 1,411
Cash and Cash Equivalents at End of Period $ 1,203 $ 1,641 $ 1,203 $ 1,641