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Consolidated Statements of Cash Flows - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2016
Dec. 31, 2015
Dec. 31, 2014
Cash Flows from Operating Activities:      
Net (loss) income $ (466) $ 492 $ 1,036
Loss from discontinued operations 1,093 374 16
Income from Continuing Operations 627 866 1,052
Adjustments required to reconcile net income to cash flows from operating activities:      
Depreciation and amortization 563 590 639
Provision for receivables 43 54 50
Provision for inventory 28 30 26
Deferred tax (benefit) expense (9) 383 152
Net gain on sales of businesses and assets (22) (44) (51)
Undistributed equity in net income of unconsolidated affiliates (69) (79) (91)
Stock-based compensation 50 27 63
Restructuring and asset impairment charges 230 27 106
Payments for restructurings (118) (79) (110)
Defined benefit pension cost 127 141 74
Contributions to defined benefit pension plans (178) (301) (269)
Increase in accounts receivable and billed portion of finance receivables (151) (128) (392)
Collections of deferred proceeds from sales of receivables 246 259 434
Decrease (increase) in inventories 7 (101) (22)
Increase in equipment on operating leases (268) (291) (283)
Decrease (increase) in finance receivables 126 (8) (10)
Collections on beneficial interest from sales of finance receivables 24 46 79
Decrease in other current and long-term assets 82 15 9
(Decrease) increase in accounts payable and accrued compensation (244) (125) 54
Decrease in other current and long-term liabilities (51) (45) (121)
Net change in income tax assets and liabilities (182) (112) 31
Net change in derivative assets and liabilities (30) (37) (14)
Other operating, net 187 (10) (73)
Net cash provided by operating activities of continuing operations 1,018 1,078 1,333
Net cash provided by operating activities of discontinued operations 77 533 730
Net cash provided by operating activities 1,095 1,611 2,063
Cash Flows from Investing Activities:      
Cost of additions to land, buildings and equipment (93) (84) (119)
Proceeds from sales of land, buildings and equipment 25 92 53
Cost of additions to internal use software (45) (64) (57)
Proceeds from sale of businesses 0 0 10
Acquisitions, net of cash acquired (30) (13) (34)
Other investing, net (3) 26 13
Net cash used in investing activities of continuing operations (146) (43) (134)
Net cash (used in) provided by investing activities of discontinued operations (251) 551 (569)
Net cash (used in) provided by investing activities (397) 508 (703)
Cash Flows from Financing Activities:      
Net proceeds (payments) on short-term debt 1,888 (147) 145
Proceeds from issuance of long-term debt 25 1,079 808
Payments on long-term debt (988) (1,302) (1,128)
Common stock dividends (307) (302) (289)
Preferred stock dividends (24) (24) (24)
Proceeds from issuances of common stock 9 19 55
Excess tax benefits from stock-based compensation 0 19 18
Payments to acquire treasury stock, including fees 0 (1,302) (1,071)
Repurchases related to stock-based compensation (1) (51) (41)
Distributions to noncontrolling interests (17) (62) (87)
Other financing (1) (1) (10)
Net cash provided by (used in) financing activities 584 (2,074) (1,624)
Effect of exchange rate changes on cash and cash equivalents (30) (77) (81)
(Increase) decrease in cash of discontinued operations (257) 8 (28)
Increase (decrease) in cash and cash equivalents 995 (24) (373)
Cash and cash equivalents at beginning of year 1,228 1,252 1,625
Cash and Cash Equivalents at End of Year $ 2,223 $ 1,228 $ 1,252