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Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Millions
9 Months Ended
Sep. 30, 2018
Sep. 30, 2017
Cash flows from operating activities:    
Net income (loss) $ 989 $ 357
Adjustments to reconcile net income (loss) to net cash flows from operating activities:    
Depreciation, depletion and amortization 1,184 1,163
Impairments and other charges 312 262
Changes in assets and liabilities:    
Accounts payable 601 611
Inventories (542) (49)
Receivables (431) (1,064)
Other 192 177
Total cash flows provided by operating activities 2,305 1,457
Cash flows from investing activities:    
Capital expenditures (1,475) (934)
Sales of investment securities 522 67
Purchases of investment securities (420) (77)
Payments to acquire businesses, net of cash acquired (166) (628)
Proceeds from sales of property, plant and equipment 158 111
Other investing activities (58) (46)
Total cash flows used in investing activities (1,439) (1,507)
Cash flows from financing activities:    
Dividends to shareholders (473) (469)
Payments on long-term borrowings (436) (1,633)
Stock repurchase program (200) 0
Other financing activities 28 92
Total cash flows used in financing activities (1,081) (2,010)
Effect of exchange rate changes on cash (65) (51)
Decrease in cash and equivalents (280) (2,111)
Cash and equivalents at beginning of period 2,337 4,009
Cash and equivalents at end of period 2,057 1,898
Cash payments during the period for:    
Interest 415 455
Income taxes $ 191 $ (240)