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Condensed Consolidated Statements Of Cash Flows (USD $)
In Millions, unless otherwise specified
6 Months Ended
Jun. 30, 2014
Jun. 30, 2013
Cash flows - operation activities:    
Net earnings $ 2,618 $ 2,194
Non-cash items –    
Share-based plans expense 101 107
Depreciation and amortization 900 865
Investment/asset impairment charges, net 36 26
Customer financing valuation benefit (26) (5)
Gain on disposal of discontinued operations    (1)
Gain on dispositions, net (2) (22)
Other charges and credits, net 87 31
Excess tax benefits from share-based payment arrangements (97) (47)
Changes in assets and liabilities –    
Accounts receivable (1,286) (550)
Inventories, net of advances and progress billings (3,402) (2,614)
Accounts payable 1,783 848
Accrued liabilities (913) (682)
Advances and billings in excess of related costs 1,217 1,472
Income taxes receivable, payable and deferred 394 608
Other long-term liabilities (88) (60)
Pension and other postretirement plans 1,118 1,638
Customer financing, net 466 188
Other 15 (5)
Net cash provided by operating activities 2,921 3,991
Cash flows – investing activities:    
Property, plant and equipment additions (946) (976)
Property, plant and equipment reductions 17 44
Acquisitions, net of cash acquired (163) (26)
Contributions to investments (5,657) (7,045)
Proceeds from investments 8,030 4,632
Net cash provided/(used) by investing activities 1,281 (3,371)
Cash flows – financing activities:    
New borrowings 85 531
Debt repayments (854) (1,361)
Payments to noncontrolling interests (12)   
Repayments of distribution rights and other asset financing (184) (139)
Stock options exercised, other 261 484
Excess tax benefits from share-based payment arrangements 97 47
Employee taxes on certain share-based payment arrangements (88) (57)
Common shares repurchased (3,998) (1,000)
Dividends paid (1,071) (735)
Net cash used by financing activities (5,764) (2,230)
Effect of exchange rate changes on cash and cash equivalents 7 (37)
Net decrease in cash and cash equivalents (1,555) (1,647)
Cash and cash equivalents at beginning of year 9,088 10,341
Cash and cash equivalents at end of period $ 7,533 $ 8,694