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Consolidated Statements of Cash Flows (USD $)
In Millions
6 Months Ended
Jun. 30, 2011
Jun. 30, 2010
Cash Flows from Operating Activities:    
Net income $ 1,503 $ 1,729
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation 458 412
Amortization of purchased intangibles 7 4
Asbestos litigation charges (credits) 10 (47)
Restructuring, impairment and other credits   (2)
Cash received from settlement of insurance claims 66  
Stock compensation charges 45 55
Earnings of affiliated companies in excess of dividends received (437) (658)
Deferred tax provision 96 10
Restructuring payments (13) (50)
Credits issued against customer deposits (14) (68)
Employee benefit payments less than (in excess of) expense 68 (28)
Changes in certain working capital items:    
Trade accounts receivable (243) (193)
Inventories (143) (62)
Other current assets (42) 40
Accounts payable and other current liabilities, net of restructuring payments (43) 1
Other, net (199) 172
Net cash provided by operating activities 1,119 1,315
Cash Flows from Investing Activities:    
Capital expenditures (1,026) (309)
Acquisition of business, net of cash received (148)  
Net proceeds from sale or disposal of assets 1  
Short-term investments - acquisitions (1,845) (894)
Short-term investments - liquidations 1,852 894
Other, net 4 2
Net cash used in investing activities (1,162) (307)
Cash Flows from Financing Activities:    
Net repayments of short-term borrowings and current portion of long-term debt (12) (61)
Principal payments under capital lease obligations (32)  
Proceeds from issuance of common stock, net   15
Proceeds from the exercise of stock options 73 29
Dividends paid (158) (156)
Net cash used in financing activities (129) (173)
Effect of exchange rates on cash 183 (162)
Net increase in cash and cash equivalents 11 673
Cash and cash equivalents at beginning of period 4,598 2,541
Cash and cash equivalents at end of period $ 4,609 $ 3,214