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Consolidated Statements of Cash Flows - USD ($)
$ in Millions
3 Months Ended
Mar. 31, 2019
Mar. 31, 2018
Operating Activities    
Net income $ 586 $ 1,377
Adjustments to reconcile net income to net cash provided by (used for) operating activities:    
Depreciation and amortization 840 837
Credit for deferred income tax (89) (67)
Earnings of nonconsolidated affiliates less than dividends received 750 287
Net periodic pension benefit cost 62 110
Pension contributions (103) (308)
Net (gain) loss on sales of assets, businesses and investments 12 (33)
Restructuring and asset related charges - net 232 165
Other net loss 39 98
Changes in assets and liabilities, net of effects of acquired and divested companies:    
Accounts and notes receivable (58) (1,524)
Inventories (266) (1,239)
Accounts payable (468) 823
Other assets and liabilities, net (111) (684)
Cash provided by (used for) operating activities 1,426 (158)
Investing Activities    
Capital expenditures (514) (423)
Investment in gas field developments (25) (28)
Proceeds from sales of property and businesses, net of cash divested 25 17
Proceeds from sale of ownership interests in nonconsolidated affiliates 21 0
Purchases of investments (173) (557)
Proceeds from sales and maturities of investments 180 454
Proceeds from interests in trade accounts receivable conduits 0 445
Cash used for investing activities (486) (92)
Financing Activities    
Changes in short-term notes payable (17) 293
Payments on long-term debt (80) (54)
Proceeds from issuance of parent company stock 28 63
Employee taxes paid for share-based payment arrangements (54) (77)
Distributions to noncontrolling interests (9) (24)
Dividends paid to parent (535) (1,057)
Other financing activities, net 0 3
Cash used for financing activities (667) (853)
Summary    
Effect of exchange rate changes on cash, cash equivalents and restricted cash 30 100
Increase (Decrease) in cash, cash equivalents and restricted cash 303 (1,003)
Cash, cash equivalents and restricted cash at beginning of period 2,709 6,207
Cash, cash equivalents and restricted cash at end of period 3,012 5,204
Less: Restricted cash and cash equivalents, included in Other current assets 43 18
Cash and cash equivalents at end of period $ 2,969 $ 5,186