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Consolidated Statement of Cash Flows - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2016
Dec. 31, 2015
Dec. 31, 2014
Cash flows from operating activities      
Net income $ 11,872 $ 13,190 $ 12,022
Adjustments to reconcile net income to cash provided by operating activities      
Depreciation 2,837 2,662 3,145
Amortization of intangibles 1,544 1,193 1,347
Stock-based compensation 544 468 512
Deferred taxes (1,132) 1,387 (237)
Net (gain)/loss on asset sales and other 62 481 (1,535)
Loss on microelectronics business disposal   71 3,381
Change in operating assets and liabilities, net of acquisitions/divestitures      
Receivables (including financing receivables) 712 812 1,270
Retirement related 54 (22) (655)
Inventories (14) 133 (39)
Other assets/other liabilities 282 (3,448) (1,886)
Accounts payable 197 81 (456)
Net cash provided by operating activities 16,958 17,008 16,868
Cash flows from investing activities      
Payments for property, plant and equipment (3,567) (3,579) (3,740)
Proceeds from disposition of property, plant and equipment 424 370 404
Investment in software (583) (572) (443)
Purchases of marketable securities and other investments (5,917) (3,073) (2,338)
Proceeds from disposition of marketable securities and other investments 5,692 2,842 2,493
Non-operating finance receivables - net (891) (398) (1,078)
Acquisition of businesses, net of cash acquired (5,679) (3,349) (656)
Divestiture of businesses, net of cash transferred (454) (401) 2,357
Net cash used in investing activities (10,976) (8,159) (3,001)
Cash flows from financing activities      
Proceeds from new debt 9,132 5,540 8,180
Payments to settle debt (6,395) (5,622) (4,644)
Short-term borrowings/(repayments) less than 90 days - net 26 101 (1,753)
Common stock repurchases (3,502) (4,609) (13,679)
Common stock transactions - other 204 322 709
Cash dividends paid (5,256) (4,897) (4,265)
Net cash used in financing activities (5,791) (9,166) (15,452)
Effect of exchange rate changes on cash and cash equivalents (51) (473) (655)
Net change in cash and cash equivalents 140 (790) (2,240)
Cash and cash equivalents at beginning of period 7,686 8,476 10,716
Cash and cash equivalents at end of period 7,826 7,686 8,476
Supplemental data      
Income taxes paid - net of refunds received 1,078 2,657 5,748
Interest paid on debt $ 1,158 $ 995 $ 1,061