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Statement Of Consolidated Cash Flows (USD $)
In Millions
9 Months Ended
Sep. 30, 2011
Sep. 30, 2010
CASH FROM OPERATIONS  
Net income$ 968$ 100
Adjustments to reconcile net income to cash from operations:  
Depreciation, depletion, and amortization1,1131,080
Deferred income taxes(78)62
Equity income, net of dividends(28)(25)
Restructuring and other charges (D)49219
Net loss (gain) from investing activities - asset sales (I)1(8)
Loss from discontinued operations (C)58
Stock-based compensation7070
Excess tax benefits from stock-based payment arrangements(6)(1)
Other35121
Changes in assets and liabilities, excluding effects of acquisitions, divestitures, and foreign currency translation adjustments:  
(Increase) in receivables(415)(467)
(Increase) in inventories(606)(94)
Decrease in prepaid expenses and other current assets1134
Increase in accounts payable, trade17116
(Decrease) in accrued expenses(195)(384)
Increase in taxes, including income taxes117167
Pension contributions(217)(70)
(Increase) in noncurrent assets(96)(56)
Increase in noncurrent liabilities160136
(Increase) in net assets held for sale (C)(2)(24)
CASH PROVIDED FROM CONTINUING OPERATIONS1,057884
CASH (USED FOR) PROVIDED FROM DISCONTINUED OPERATIONS(6)7
CASH PROVIDED FROM OPERATIONS1,051891
FINANCING ACTIVITIES  
Net change in short-term borrowings(36)(57)
Net change in commercial paper107 
Additions to long-term debt (G)1,2541,082
Debt issuance costs(17)(5)
Payments on long-term debt (G)(1,122)(1,587)
Proceeds from exercise of employee stock options368
Excess tax benefits from stock-based payment arrangements61
Dividends paid to shareholders(98)(94)
Distributions to noncontrolling interests(253)(154)
Contributions from noncontrolling interests136121
Acquisitions of noncontrolling interests (66)
CASH PROVIDED FROM (USED FOR) FINANCING ACTIVITIES13(751)
INVESTING ACTIVITIES  
Capital expenditures(801)(650)
Acquisitions, net of cash acquired (E)(240)(72)
Proceeds from the sale of assets and businesses(6)(6)
Additions to investments(216)(224)
Sales of investments5138
Other(11)16
CASH USED FOR INVESTING ACTIVITIES(1,269)(798)
EFFECT OF EXCHANGE RATE CHANGES ON CASH AND CASH EQUIVALENTS(6)20
Net change in cash and cash equivalents(211)(638)
Cash and cash equivalents at beginning of year1,5431,481
CASH AND CASH EQUIVALENTS AT END OF PERIOD$ 1,332$ 843