XML 24 R6.htm IDEA: XBRL DOCUMENT v3.23.1
Consolidated Statement of Cash Flows - USD ($)
$ in Millions
3 Months Ended
Mar. 31, 2023
Mar. 31, 2022
Cash Flows From Operating Activities    
Net income $ 2,077 $ 657
Adjustments to reconcile net income to net cash provided by operating activities    
Depreciation and amortization 476 338
Impairments 8 0
Accretion on discounted liabilities 6 6
Deferred income taxes 146 142
Undistributed equity earnings (242) (100)
Net gain on dispositions (34) (1)
Unrealized investment loss 11 169
Other 14 40
Working capital adjustments    
Accounts and notes receivable 1,663 (3,042)
Inventories (2,003) (1,152)
Prepaid expenses and other current assets 469 (849)
Accounts payable (739) 4,809
Taxes and other accruals (653) 119
Net Cash Provided by Operating Activities 1,199 1,136
Cash Flows From Investing Activities    
Capital expenditures and investments (378) (370)
Return of investments in equity affiliates 60 15
Proceeds from asset dispositions 77 1
Other (24) (74)
Net Cash Used in Investing Activities (265) (428)
Cash Flows From Financing Activities    
Issuance of debt 2,488 0
Repayment of debt (1,223) (24)
Issuance of common stock 10 23
Repurchase of common stock (800) 0
Dividends paid on common stock (486) (404)
Distributions to noncontrolling interests (58) (77)
Other (48) (30)
Net Cash Used in Financing Activities (117) (512)
Effect of Exchange Rate Changes on Cash and Cash Equivalents 15 (8)
Net Change in Cash and Cash Equivalents 832 188
Cash and cash equivalents at beginning of period 6,133 3,147
Cash and Cash Equivalents at End of Period $ 6,965 $ 3,335