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Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Millions
3 Months Ended 15 Months Ended
Mar. 31, 2016
Mar. 31, 2015
Mar. 31, 2016
Operating activities      
Net income $ 1,232 $ 1,035  
Adjustments to reconcile net income to cash used for operating activities:      
Depreciation 238 306  
Amortization of intangible assets 122 140  
Net periodic pension benefit cost 146 147  
Contributions to pension plans (88) (124)  
Gain on sale of businesses and other assets 374 0  
Other operating activities - net 258 (1)  
Change in operating assets and liabilities - net (3,378) (3,626)  
Cash used for operating activities (1,844) (2,123)  
Investing activities      
Purchases of property, plant and equipment (357) (565)  
Investments in affiliates (1) (45)  
Proceeds from sale of businesses and other assets - net 193 25  
Purchases of short-term financial instruments (95) (125)  
Proceeds from maturities and sales of short-term financial instruments 377 125  
Foreign currency exchange contract settlements (78) 442  
Other investing activities - net (12) 3  
Cash provided by (used for) investing activities 27 (140)  
Financing activities      
Dividends paid to stockholders (334) (429)  
Net increase in short-term (less than 90 days) borrowings 665 980  
Long-term and other borrowings - receipts 654 120  
Long-term and other borrowings - payments (361) (1,409)  
Repurchase of common stock 0 (282)  
Proceeds from exercise of stock options 51 170  
Other financing activities - net (12) (1)  
Cash provided by (used for) financing activities 663 (851)  
Effect of exchange rate changes on cash 20 (174)  
Decrease in cash and cash equivalents (1,134) (3,288)  
Cash and cash equivalents at beginning of period 5,300 6,910 $ 6,910
Cash and cash equivalents at end of period $ 4,166 $ 3,622 $ 4,166