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Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Millions
6 Months Ended
Jun. 30, 2017
Jun. 30, 2016
Operating activities    
Net income $ 1,990 $ 2,256
Adjustments to reconcile net income to cash used for operating activities:    
Depreciation 462 473
Amortization of intangible assets 108 226
Net periodic pension benefit cost 219 320
Contributions to pension plans (2,994) (237)
Gain on sale of businesses and other assets (202) (385)
Asset related charges 279 78
Other operating activities - net 279 300
Change in operating assets and liabilities - net (4,196) (4,491)
Cash used for operating activities (4,055) (1,460)
Investing activities    
Purchases of property, plant and equipment (524) (507)
Investments in affiliates (22) (2)
Proceeds from sale of businesses and other assets - net 296 212
Purchases of short-term financial instruments (4,243) (509)
Proceeds from maturities and sales of short-term financial instruments 2,633 683
Foreign currency exchange contract settlements (29) (280)
Other investing activities - net (43) (15)
Cash used for investing activities (1,932) (418)
Financing activities    
Dividends paid to stockholders (664) (669)
Net increase in short-term (less than 90 days) borrowings 3,011 1,670
Long-term and other borrowings - receipts 2,234 717
Long-term and other borrowings - payments (204) (755)
Proceeds from exercise of stock options 203 70
Other financing activities - net (49) (39)
Cash provided by financing activities 4,531 994
Effect of exchange rate changes on cash 105 (5)
Decrease in cash and cash equivalents (1,351) (889)
Cash and cash equivalents at beginning of period 4,605 5,300
Cash and cash equivalents at end of period $ 3,254 $ 4,411