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Statement of Cash Flows - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2018
Dec. 31, 2017
Dec. 31, 2016
Cash Provided by (Used for) Operating Activities:      
Net income $ 2,563 $ 1,687 $ 2,035
Adjustments to reconcile net income to cash provided by operating activities:      
Depreciation 272 256 246
Amortization and impairment of intangible assets 189 206 224
Change in deferred income taxes 34 64 (263)
Provision for uncollectible accounts 5 3 7
(Income) loss from investments (9) (16) 13
(Gain) loss on sale of plant and equipment (7) (1) 1
(Gain) loss on sale of operations and affiliates 2 (1) 12
Stock-based compensation expense 40 36 39
Gain on dividend distribution from equity investment in Wilsonart 0 0 (54)
Other non-cash items, net 10 10 5
(Increase) decrease in—      
Trade receivables (60) (138) (132)
Inventories (108) (81) 9
Prepaid expenses and other assets 3 (121) (63)
Increase (decrease) in—      
Accounts payable (46) 39 (3)
Accrued expenses and other liabilities (36) (42) 40
Income taxes (41) 501 187
Other, net 0 0 (1)
Net cash provided by operating activities 2,811 2,402 2,302
Cash Provided by (Used for) Investing Activities:      
Acquisition of businesses (excluding cash and equivalents) and additional interest in affiliates 0 (3) (453)
Additions to plant and equipment (364) (297) (273)
Proceeds from investments 16 43 21
Dividend distribution from equity investment in Wilsonart 0 0 167
Proceeds from sale of plant and equipment 26 14 16
Proceeds from sale of operations and affiliates 1 2 3
Other, net (4) (10) (13)
Net cash provided by (used for) investing activities (325) (251) (532)
Cash Provided by (Used for) Financing Activities:      
Cash dividends paid (1,124) (941) (821)
Issuance of common stock 22 84 84
Repurchases of common stock (2,000) (1,000) (2,000)
Net proceeds from (repayments of) debt with original maturities of three months or less (850) 849 (526)
Proceeds from debt with original maturities of more than three months 0 0 992
Repayments of debt with original maturities of more than three months (1) (652) (1)
Excess tax benefits from stock-based compensation 0 0 29
Other, net (11) (14) (12)
Net cash provided by (used for) financing activities (3,964) (1,674) (2,255)
Effect of Exchange Rate Changes on Cash and Equivalents (112) 145 (133)
Cash and Equivalents:      
Increase (decrease) during the year (1,590) 622 (618)
Beginning of year 3,094 2,472 3,090
End of year 1,504 3,094 2,472
Supplementary Cash Flow Information:      
Cash Paid During the Year for Interest 247 240 212
Cash Paid During the Year for Income Taxes, Net of Refunds 838 1,018 920
Liabilities Assumed from Acquisitions $ 0 $ 5 $ 150