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Consolidated Statements of Cash Flows - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2015
Dec. 31, 2014
Dec. 31, 2013
CASH PROVIDED BY (USED IN) OPERATING ACTIVITIES      
Net earnings $ 7,032 $ 7,658 $ 8,850
Adjustments to reconcile net earnings to operating cash flows:      
Depreciation and amortization 754 889 882
Deferred income tax benefit (18) (62) (28)
Asset impairment and exit costs, net of cash paid (164) 175 288
Cash effects of changes, net of the effects from acquired companies:      
Receivables, net 647 (463) (449)
Inventories (841) 105 (1,413)
Accounts payable 310 177 103
Income taxes (42) (230) (331)
Accrued liabilities and other current assets (8) (507) 1,880
Pension plan contributions (154) (191) (150)
Other 349 188 503
Net cash provided by operating activities 7,865 7,739 10,135
CASH PROVIDED BY (USED IN) INVESTING ACTIVITIES      
Capital expenditures (960) (1,153) (1,200)
Investments in unconsolidated subsidiaries (55) (29) (1,418)
Purchase of businesses, net of acquired cash 0 (110) 0
Other 307 296 (62)
Net cash used in investing activities (708) (996) (2,680)
Short-term borrowing activity by original maturity:      
Net repayments - maturities of 90 days or less (266) (516) (1,099)
Issuances - maturities longer than 90 days 0 1,007 2,000
Repayments - maturities longer than 90 days 0 (1,571) (849)
Long-term debt proceeds 1,539 5,591 7,181
Long-term debt repaid (1,229) (1,240) (2,738)
Repurchases of common stock (48) (3,833) (5,963)
Dividends paid (6,250) (6,035) (5,720)
Sale (purchase) of subsidiary shares to/(from) noncontrolling interests (Note 6) 1,622 0 (703)
Other (104) (242) (324)
Net cash used in financing activities (4,736) (6,839) (8,215)
Effect of exchange rate changes on cash and cash equivalents (686) (376) (69)
Cash and cash equivalents:      
Increase (Decrease) 1,735 (472) (829)
Balance at beginning of year 1,682 2,154 2,983
Balance at end of year 3,417 1,682 2,154
Cash Paid:      
Interest 1,045 1,068 978
Income taxes $ 2,771 $ 3,577 $ 3,999