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Condensed Consolidated Statements Of Cash Flows (USD $)
In Millions, unless otherwise specified
9 Months Ended
Sep. 30, 2014
Sep. 30, 2013
Cash flows - operation activities:    
Net earnings $ 3,980 $ 3,352
Non-cash items –    
Share-based plans expense 152 156
Depreciation and amortization 1,378 1,323
Investment/asset impairment charges, net 140 38
Customer financing valuation benefit (26) (7)
Loss on disposal of discontinued operations    1
Gain on dispositions, net (2) (21)
Other charges and credits, net 145 48
Excess tax benefits from share-based payment arrangements (104) (86)
Changes in assets and liabilities –    
Accounts receivable (1,385) (1,006)
Inventories, net of advances and progress billings (4,425) (3,631)
Accounts payable 1,819 943
Accrued liabilities (1,054) (338)
Advances and billings in excess of related costs 1,100 3,543
Income taxes receivable, payable and deferred 887 1,336
Other long-term liabilities (42) (52)
Pension and other postretirement plans 746 954
Customer financing, net 494 223
Other 57 23
Net cash provided by operating activities 3,860 6,799
Cash flows – investing activities:    
Property, plant and equipment additions (1,568) (1,460)
Property, plant and equipment reductions 27 47
Acquisitions, net of cash acquired (163) (26)
Contributions to investments (7,874) (9,640)
Proceeds from investments 10,608 6,997
Receipt of economic development program funds 4   
Net cash provided/(used) by investing activities 1,034 (4,082)
Cash flows – financing activities:    
New borrowings 105 547
Debt repayments (910) (1,397)
Payments to noncontrolling interests (12)   
Repayments of distribution rights and other asset financing (184) (139)
Stock options exercised, other 293 871
Excess tax benefits from share-based payment arrangements 104 86
Employee taxes on certain share-based payment arrangements (94) (60)
Common shares repurchased (5,000) (1,799)
Dividends paid (1,596) (1,102)
Net cash used by financing activities (7,294) (2,993)
Effect of exchange rate changes on cash and cash equivalents (33) (24)
Net decrease in cash and cash equivalents (2,433) (300)
Cash and cash equivalents at beginning of year 9,088 10,341
Cash and cash equivalents at end of period $ 6,655 $ 10,041