XML 75 R7.htm IDEA: XBRL DOCUMENT  v2.3.0.11
Condensed Consolidated Statements Of Cash Flows (USD $)
In Millions
6 Months Ended
Jun. 30, 2011
Jun. 30, 2010
CASH PROVIDED BY / (USED IN) OPERATING ACTIVITIES    
Net earnings $ 1,778 $ 2,832
Adjustments to reconcile net earnings to operating cash flows:    
Depreciation and amortization 742 679
Stock-based compensation expense 89 81
Deferred income tax provision (166) 106
Gain on discontinued operations (Note 2)   (1,596)
Other non-cash expense / (income), net 8 (360)
Change in assets and liabilities, excluding the effects of acquisitions and divestitures:    
Receivables, net (72) 488
Inventories, net (947) (425)
Accounts payable (404) (302)
Other current assets (164) 210
Other current liabilities (81) (1,032)
Change in pension and postretirement assets and liabilities, net (487) 98
Net cash provided by operating activities 296 779
CASH PROVIDED BY / (USED IN) INVESTING ACTIVITIES    
Capital expenditures (655) (608)
Acquisitions, net of cash received   (9,844)
Proceeds from divestitures   3,697
Other 30 (24)
Net cash used in investing activities (625) (6,779)
CASH PROVIDED BY / (USED IN) FINANCING ACTIVITIES    
Net issuance/ (repayments) of short-term borrowings 477 (1,310)
Long-term debt proceeds 25 9,422
Long-term debt repaid (7) (9)
Dividends paid (1,017) (1,156)
Proceeds from stock option exercises and other 562 46
Net cash provided by financing activities 40 6,993
Effect of exchange rate changes on cash and cash equivalents 75 (240)
Cash and cash equivalents:    
(Decrease) / Increase (214) 753
Balance at beginning of period 2,481 2,101
Balance at end of period $ 2,267 $ 2,854