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Condensed Consolidated Statements of Cash Flows (Unaudited) (USD $)
In Millions
3 Months Ended 6 Months Ended
Jun. 30, 2011
Jun. 30, 2010
Jun. 30, 2011
Jun. 30, 2010
Cash Flows from Operating Activities:        
Net income (loss) $ 327 $ 236 $ 616 $ 202
Adjustments required to reconcile net income (loss) to cash flows from operating activities:        
Depreciation and amortization 298 279 589 520
Provision for receivables 29 43 54 93
Provision for inventory 6 8 19 17
Net (gain) loss on sales of businesses and assets (7) 1 (8) (1)
Undistributed equity in net income of unconsolidated affiliates (7) (12) (40) (9)
Stock-based compensation 31 30 63 57
Provision for litigation, net 0 36 0 36
Payments for litigation, net 0 (36) 0 (36)
Restructuring and asset impairment charges (9) 11 (24) 206
Payments for restructurings (63) (55) (120) (94)
Contributions to pension benefit plans (79) (30) (123) (63)
(Increase) decrease in accounts receivable and billed portion of finance receivables (15) 62 (286) (135)
Collections of deferred proceeds from sales of receivables 95 42 182 42
Increase in inventories (37) (61) (137) (198)
Increase in equipment on operating leases (68) (64) (129) (122)
Decrease in finance receivables 65 70 160 201
(Increase) decrease in other current and long-term assets (44) (8) (123) 13
(Decrease) increase in accounts payable and accrued compensation (145) 18 (378) 187
Decrease in other current and long-term liabilities (89) (12) (175) (66)
Net change in income tax assets and liabilities 47 110 168 107
Net change in derivative assets and liabilities 1 (22) 24 (4)
Other operating, net 11 32 (15) 100
Net cash provided by operating activities 347 678 317 1,053
Cash Flows from Investing Activities:        
Cost of additions to land, buildings and equipment (94) (83) (165) (134)
Proceeds from sales of land, buildings and equipment 2 6 4 25
Cost of additions to internal use software (41) (44) (81) (69)
Acquisitions, net of cash acquired (94) (4) (137) (1,528)
Net change in escrow and other restricted investments (7) (9) (8) 6
Other investing, net 19 4 19 4
Net cash used in investing activities (215) (130) (368) (1,696)
Cash Flows from Financing Activities:        
Net proceeds (payments) on debt 690 (395) 703 (2,038)
Payment of liability to subsidiary trust issuing preferred securities (670) 0 (670) 0
Common stock dividends (59) (60) (119) (97)
Preferred stock dividends (6) (3) (12) (3)
Proceeds from issuances of common stock 12 2 31 117
Excess tax benefits from stock-based compensation 2 6 4 10
Repurchases related to stock-based compensation (3) (2) (6) (2)
Other financing (5) (5) (12) (9)
Net cash used in financing activities (39) (457) (81) (2,022)
Effect of exchange rate changes on cash and cash equivalents 5 (19) 19 (52)
Increase (decrease) in cash and cash equivalents 98 72 (113) (2,717)
Cash and cash equivalents at beginning of period 1,000 1,010 1,211 3,799
Cash and Cash Equivalents at End of Period $ 1,098 $ 1,082 $ 1,098 $ 1,082