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CONSOLIDATED STATEMENT OF CASH FLOWS (USD $)
In Millions, unless otherwise specified
6 Months Ended
Jun. 30, 2012
Jun. 30, 2011
Cash flows from operating activities:    
Net income $ 6,948 $ 6,526 [1]
Adjustments to reconcile net income to cash provided by operating activities    
Depreciation 1,706 1,816
Amortization of intangibles 627 619
Stock-based compensation 328 332
Net (gain)/loss on asset sales and other (118) (383)
Changes in operating assets and liabilities, net of acquisitions/divestitures (764) (839)
Net cash provided by operating activities 8,726 [1] 8,071
Cash flows from investing activities:    
Payments for property, plant and equipment (2,135) (2,061)
Proceeds from disposition of property, plant and equipment 175 336
Investment in software (320) (285)
Acquisition of businesses, net of cash acquired (1,925) (159)
Divestitures of businesses, net of cash transferred 13 4
Non-operating finance receivables - net 686 477
Purchases of marketable securities and other investments (1,655) (774)
Proceeds from disposition of marketable securities and other investments 1,247 2,375
Net cash used in investing activities (3,913) [1] (86) [1]
Cash flows from financing activities:    
Proceeds from new debt 7,559 3,656
Payments to settle debt (4,069) (3,587)
Short-term borrowings/(repayments) less than 90 days - net (2,236) 883
Common stock repurchases (6,002) (8,021)
Common stock transactions - other 918 1,551
Cash dividends paid (1,848) (1,700)
Net cash used in financing activities (5,678) (7,217) [1]
Effect of exchange rate changes on cash and cash equivalents (193) 285
Net change in cash and cash equivalents (1,058) 1,054 [1]
Cash and cash equivalents at January 1 11,922 10,661
Cash and cash equivalents at June 30 $ 10,864 $ 11,714 [1]
[1] Amounts may not add due to rounding.