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CONSOLIDATED STATEMENTS OF CASH FLOWS (UNAUDITED) - USD ($)
$ in Millions
3 Months Ended
Mar. 31, 2017
Mar. 31, 2016
Cash Flows From Operating Activities:    
Net Earnings $ 1,526 $ 1,206
Adjustments to reconcile net earnings to net cash provided by/(used in) operating activities:    
Depreciation and amortization, net 193 65
Deferred income taxes (70) (246)
Stock-based compensation 45 47
Impairment charges 78 19
Pension settlements and amortization 52 39
Divestiture gains and royalties (276) (507)
Asset acquisition charges   100
Other adjustments 33 (10)
Changes in operating assets and liabilities:    
Receivables (246) (424)
Inventories (71) (44)
Accounts payable (114) (77)
Deferred income 74 235
Income taxes payable 414 52
Other (777) (683)
Net Cash Provided by/(Used in) Operating Activities 861 (228)
Cash Flows From Investing Activities:    
Sale and maturities of marketable securities 1,163 1,760
Purchase of marketable securities (1,204) (523)
Capital expenditures (291) (242)
Divestiture and other proceeds 241 439
Acquisition and other payments (112) (8)
Net Cash Provided by/(Used in) Investing Activities (203) 1,426
Cash Flows From Financing Activities:    
Short-term borrowings, net 192 (33)
Issuance of long-term debt 1,488  
Repurchase of common stock (2,000) (231)
Dividends (655) (641)
Other (38) (45)
Net Cash Used in Financing Activities (1,013) (950)
Effect of Exchange Rates on Cash and Cash Equivalents 28 11
Increase/(Decrease) in Cash and Cash Equivalents (327) 259
Cash and Cash Equivalents at Beginning of Period 4,237 2,385
Cash and Cash Equivalents at End of Period $ 3,910 $ 2,644