Consolidated Cash Flow Statement - USD ($) $ in Millions	6 Months Ended
Jun. 30, 2019	Jun. 30, 2018
Operating Activities
Net income	$ 961	$ 562
Depreciation and amortization	470	435
Asset impairments	0	74
Stock-based compensation	48	26
Deferred income taxes	26	17
Net losses on asset dispositions	17	53
Equity companies' earnings in excess of dividends paid	(30)	(25)
Operating working capital	(525)	93
Postretirement benefits	(21)	(14)
Other	(20)	108
Cash Provided by Operations	926	1,329
Investing Activities
Capital spending	(569)	(347)
Investments in time deposits	(186)	(147)
Maturities of time deposits	229	94
Other	4	(12)
Cash Used for Investing	(522)	(412)
Financing Activities
Cash dividends paid	(700)	(691)
Change in short-term debt	543	104
Debt Proceeds	696	0
Debt repayments	(703)	(4)
Proceeds from exercise of stock options	160	22
Acquisitions of common stock for the treasury	(330)	(420)
Other	(79)	(41)
Cash Used for Financing	(413)	(1,030)
Effect of Exchange Rate Changes on Cash and Cash Equivalents	4	(19)
Change in Cash and Cash Equivalents	(5)	(132)
Cash and Cash Equivalents - Beginning of Period	539	616
Cash and Cash Equivalents - End of Period	$ 534	$ 484

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