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Consolidated Statements of Cash Flows - USD ($)
$ in Millions
3 Months Ended 12 Months Ended
Mar. 31, 2024
Mar. 31, 2023
Dec. 31, 2023
Net income $ 423 $ 599  
Income (loss) from discontinued operations after income taxes (47) 8  
Depreciation and Amortization 307 287  
Provision for (benefit from) deferred income tax (152) (85)  
Net Periodic Pension and OPEB benefit, net 41 36  
Pension and OPEB Contributions (53) (50)  
Net (gain) loss on sales of property, businesses, consolidated companies, and investments (5) 1  
Restructuring Charges 75 33  
Other net loss 141 48  
Accounts and notes receivable (2,546) (2,705)  
Inventories 618 324  
Accounts Payable (615) 907  
Deferred Revenue (700) (685)  
Other Assets and Liabilities (93) (206)  
Net Cash Provided by (Used in) Operating Activities, Continuing Operations (2,606) (3,302)  
Cash Provided by (Used in) Operating Activities, Discontinued Operations (3) (9)  
Net Cash Provided by (Used in) Operating Activities (2,609) (3,311)  
Capital expenditures (148) (151)  
Proceeds from sales of property, businesses, and consolidated companies - net of cash divested 5 21  
Payments to Acquire Businesses, Net of Cash Acquired 0 1,463  
Purchases of investments (132) 0  
Proceeds from Sale and Maturities of Investments 7 40  
Proceeds from Hedge, Investing Activities 0 42  
Other investing activities - net (2) 0  
Cash provided by (used for) investing activities (270) (1,511)  
Net change in borrowings (less than 90 days) 656 3,084  
Proceeds from debt 1,675 626  
Payments on Debt (190) (56)  
Repurchase of Common Stock (252) (252)  
Proceeds from Exercise of Stock Options 8 7  
Dividends paid to stockholders (112) (107)  
Other financing activities (19) (28)  
Cash provided by (used for) financing activities 1,766 3,274  
Effect of Exchange Rate Changes on Cash, Cash Equivalents and Restricted Cash (31) (2)  
Increase (Decrease) in Cash, Cash Equivalents, Restricted Cash (1,144) (1,550)  
Cash, Cash Equivalents and Restricted Cash at Beginning of Period 3,158 3,618 $ 3,618
Cash, Cash Equivalents and Restricted Cash at End of Period 2,014 [1] 2,068 [1] 3,158
EID [Member]      
Net income 428 589  
Income (loss) from discontinued operations after income taxes (47) 8  
Depreciation and Amortization 307 287  
Provision for (benefit from) deferred income tax (152) (85)  
Net Periodic Pension and OPEB benefit, net 41 36  
Pension and OPEB Contributions (53) (50)  
Net (gain) loss on sales of property, businesses, consolidated companies, and investments (5) 1  
Restructuring Charges 75 33  
Other net loss 141 48  
Accounts and notes receivable (2,546) (2,705)  
Inventories 618 (324)  
Accounts Payable (615) 907  
Deferred Revenue (700) (685)  
Other Assets and Liabilities (464) 191  
Net Cash Provided by (Used in) Operating Activities, Continuing Operations (2,972) (3,297)  
Cash Provided by (Used in) Operating Activities, Discontinued Operations (3) (9)  
Net Cash Provided by (Used in) Operating Activities (2,975) (3,306)  
Capital expenditures (148) (151)  
Proceeds from sales of property, businesses, and consolidated companies - net of cash divested 5 21  
Payments to Acquire Businesses, Net of Cash Acquired 0 1,463  
Purchases of investments (132) 0  
Proceeds from Sale and Maturities of Investments 7 40  
Proceeds from Hedge, Investing Activities 0 42  
Other investing activities - net (2) 0  
Cash provided by (used for) investing activities (270) (1,511)  
Net change in borrowings (less than 90 days) 656 3,084  
Repayments of Related Party Debt 0 361  
Proceeds from debt 1,675 626  
Payments on Debt (190) (56)  
Proceeds from Exercise of Stock Options 8 7  
Other financing activities (17) (31)  
Cash provided by (used for) financing activities 2,132 3,269  
Effect of Exchange Rate Changes on Cash, Cash Equivalents and Restricted Cash (31) (2)  
Increase (Decrease) in Cash, Cash Equivalents, Restricted Cash (1,144) (1,550)  
Cash, Cash Equivalents and Restricted Cash at Beginning of Period 3,158 3,618 3,618
Cash, Cash Equivalents and Restricted Cash at End of Period $ 2,014 $ 2,068 $ 3,158
[1] See page 14 for reconciliation of cash and cash equivalents and restricted cash equivalents presented in interim Consolidated Balance Sheets to total cash, cash equivalents and restricted cash equivalents presented in the interim Consolidated Statements of Cash Flows.