XML 15 R4.htm IDEA: XBRL DOCUMENT  v2.3.0.11
Condensed Consolidated Cash Flow Statement (USD $)
In Millions
6 Months Ended
Jun. 30, 2011
Jun. 30, 2010
Operating Activities    
Net income $ 804 $ 934
Depreciation and amortization 530 402
Stock-based compensation 31 28
Increase in operating working capital (62) (189)
Deferred income taxes 136 (9)
Net losses on asset dispositions 10 15
Equity companies' earnings in excess of dividends paid (49) (54)
Postretirement benefits (361) (173)
Other (18) 97
Cash Provided by Operations 1,021 1,051
Investing Activities    
Capital spending (435) (363)
Proceeds from sales of investments 9 19
Proceeds from dispositions of property   3
Investments in time deposits (78) (95)
Maturities of time deposits 71 155
Other 1 (8)
Cash Used for Investing (432) (289)
Financing Activities    
Cash dividends paid (549) (525)
Net increase in short-term debt 287 128
Proceeds from issuance of long-term debt 700 4
Repayments of long-term debt (13) (16)
Cash paid on redeemable preferred securities of subsidiary (27) (27)
Proceeds from exercise of stock options 202 36
Acquisitions of common stock for the treasury (1,206) (486)
Other 13 (26)
Cash Used for Financing (593) (912)
Effect of Exchange Rate Changes on Cash and Cash Equivalents 36 (63)
Increase (decrease) in Cash and Cash Equivalents 32 (213)
Cash and Cash Equivalents, beginning of year 876 798
Cash and Cash Equivalents, end of period $ 908 $ 585