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Consolidated Statements of Cash Flows - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2017
Dec. 31, 2016
Dec. 31, 2015
Cash flows from operating activities:      
Net income $ 1,979 $ 7,722 $ 6,939
Depreciation and amortization 1,955 2,105 2,108
Stock-based compensation expense 329 311 322
Deferred income taxes (1,330) 183 (607)
Other items, net 334 32 (146)
Changes in operating assets and liabilities, net of acquisitions:      
Trade receivables, net (58) (214) (420)
Inventories 133 (80) 481
Other assets (24) (128) 155
Accounts payable 424 (44) (12)
Accrued income taxes, net 523 (301) 509
Long-term tax liability 6,681 445 409
Other liabilities 231 323 (7)
Net cash provided by operating activities 11,177 10,354 9,731
Cash flows from investing activities:      
Purchases of property, plant and equipment (664) (738) (594)
Cash paid for acquisitions, net of cash acquired (19) 0 (359)
Purchases of marketable securities (33,607) (28,094) (25,977)
Proceeds from sales of marketable securities 24,240 17,958 18,029
Proceeds from maturities of marketable securities 6,174 2,459 3,527
Proceeds from sales of property, plant and equipment 11 78 274
Other (159) (321) (447)
Net cash used in investing activities (4,024) (8,658) (5,547)
Cash flows from financing activities:      
Net proceeds from issuance of debt 4,476 7,318 3,465
Repayment of debt (4,405) (3,725) (2,400)
Repurchases of common stock (3,160) (2,965) (1,867)
Dividends paid (3,365) (2,998) (2,396)
Settlement of contingent consideration obligations 0 0 (253)
Withholding taxes arising from shares withheld for share-based payments (191) (260) (401)
Other 51 31 81
Net cash used in financing activities (6,594) (2,599) (3,771)
Increase (decrease) in cash and cash equivalents 559 (903) 413
Cash and cash equivalents at beginning of year 3,241 4,144 3,731
Cash and cash equivalents at end of year $ 3,800 $ 3,241 $ 4,144