XML 29 R6.htm IDEA: XBRL DOCUMENT v2.4.0.8
CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited) (USD $)
In Millions, unless otherwise specified
9 Months Ended
Sep. 30, 2013
Sep. 30, 2012
Operating Activities    
Net income including noncontrolling interests $ 1,809 $ 1,995
Adjustments to reconcile net income including noncontrolling interests to net cash provided by operations:    
Depreciation and amortization 329 317
Restructuring and termination benefits, net of cash 82 (35)
Voluntary benefit plan contributions (101) (101)
Stock-based compensation expense 105 98
Venezuela devaluation charge 172 0
Deferred income taxes 35 71
Cash effects of changes in:    
Receivables (137) (166)
Inventories (107) (48)
Accounts payable and other accruals 121 (27)
Other non-current assets and liabilities 57 29
Net cash provided by operations 2,365 2,133
Investing Activities    
Capital expenditures (419) (317)
Sale of property and non-core product lines 0 38
Purchases of marketable securities and investments (408) (501)
Proceeds from sale of marketable securities and investments 195 120
Payments for acquisitions, net of cash acquired 0 (29)
Other 4 65
Net cash used in investing activities (628) (624)
Financing Activities    
Principal payments on debt (5,504) (3,684)
Proceeds from issuance of debt 5,563 4,131
Dividends paid (1,030) (951)
Purchases of treasury shares (1,115) (1,344)
Proceeds from exercise of stock options and excess tax benefits 276 390
Net cash used in financing activities (1,810) (1,458)
Effect of exchange rate changes on Cash and cash equivalents (90) (20)
Net increase (decrease) in Cash and cash equivalents (163) 31
Cash and cash equivalents at beginning of the period 884 878
Cash and cash equivalents at end of the period 721 909
Supplemental Cash Flow Information    
Income taxes paid $ 781 $ 949