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Consolidated Statements of Cash Flows (USD $)
In Millions, unless otherwise specified
12 Months Ended
Dec. 31, 2011
Dec. 31, 2010
Dec. 31, 2009
Cash flows from operating activities:      
Net income $ 3,683 $ 4,627 $ 4,605
Depreciation and amortization 1,060 1,017 1,049
Stock-based compensation expense 341 353 284
Deferred income taxes (399) (167) 47
Property, plant and equipment impairments 6 118 21
Dividend received from equity investee 0 0 110
Other items, net 63 140 111
Changes in operating assets and liabilities, net of acquisitions:      
Trade receivables, net (557) (210) (36)
Inventories (383) 153 (134)
Other assets (133) 36 (3)
Accounts payable (95) 142 71
Accrued income taxes (20) (656) (142)
Legal reserve 780 0 0
Other liabilities 773 234 353
Net cash provided by operating activities 5,119 5,787 6,336
Cash flows from investing activities:      
Purchases of property, plant and equipment (567) (580) (530)
Cash paid for acquisitions, net of cash acquired (701) 0 0
Purchases of marketable securities (21,183) (14,602) (12,418)
Proceeds from sales of marketable securities 20,871 10,485 8,252
Proceeds from maturities of marketable securities 749 642 1,443
Other 45 (97) 51
Net cash used in investing activities (786) (4,152) (3,202)
Cash flows from financing activities:      
Repurchases of common stock (8,315) (3,786) (3,208)
Repayment of debt (2,500) 0 (1,000)
Repayments of commercial paper (762) 0 0
Dividends paid (500) 0 0
Net proceeds from issuance of debt 10,387 2,471 1,980
Net proceeds from issuance of commercial paper 762 0 0
Other 254 83 204
Net cash used in financing activities (674) (1,232) (2,024)
Increase in cash and cash equivalents 3,659 403 1,110
Cash and cash equivalents at beginning of period 3,287 2,884 1,774
Cash and cash equivalents at end of period $ 6,946 $ 3,287 $ 2,884