XML 48 R8.htm IDEA: XBRL DOCUMENT v3.19.3
Consolidated Cash Flow Statement - USD ($)
$ in Millions
9 Months Ended
Sep. 30, 2019
Sep. 30, 2018
Operating Activities    
Net income $ 1,641 $ 1,024
Depreciation and amortization 700 652
Asset impairments 0 74
Stock-based compensation 74 45
Deferred income taxes 8 44
Net losses on asset dispositions (155) 57
Equity companies' earnings in excess of dividends paid (31) (18)
Operating working capital (399) 117
Postretirement benefits (16) (87)
Other (10) 113
Cash Provided by Operations 1,812 2,021
Investing Activities    
Capital spending (867) (566)
Proceeds from dispositions of property 206 16
Investments in time deposits (353) (218)
Maturities of time deposits 287 139
Other (40) (3)
Cash Used for Investing (767) (632)
Financing Activities    
Cash dividends paid (1,054) (1,039)
Change in short-term debt 324 453
Debt proceeds 700 0
Debt repayments (705) (310)
Proceeds from exercise of stock options 211 50
Acquisitions of common stock for the treasury (544) (596)
Other (92) (41)
Cash Used for Financing (1,160) (1,483)
Effect of Exchange Rate Changes on Cash and Cash Equivalents (8) (28)
Change in Cash and Cash Equivalents (123) (122)
Cash and Cash Equivalents - Beginning of Period 539 616
Cash and Cash Equivalents - End of Period $ 416 $ 494