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Consolidated Statements Of Cash Flows - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2017
Dec. 31, 2016
Dec. 31, 2015
Operating cash flows:      
Net income before non-controlling interests $ 1,512 $ 1,795 $ 1,636
Adjustments to reconcile net income to cash provided by operations:      
Depreciation and amortization of fixed assets and capitalized software 312 308 314
Amortization of intangible assets 169 130 109
Adjustments and payments related to contingent consideration liability (24) (33) 11
Gain on deconsolidation of entity 0 (11) 0
Provision for deferred income taxes 396 68 178
Gain on investments (15) 0 (38)
Loss (Gain) on disposition of assets 10 6 (13)
Share-based compensation expense 149 109 88
Changes in assets and liabilities:      
Net receivables (454) (154) (52)
Other current assets (3) (9) 3
Other assets (199) 34 (10)
Accounts payable and accrued liabilities 87 55 (125)
Accrued compensation and employee benefits 63 2 23
Accrued income taxes 37 (21) (15)
Contributions to pension and other benefit plans in excess of current year expense/credit (457) (279) (231)
Other liabilities 406 (97) (60)
Effect of exchange rate changes (96) 104 70
Net cash provided by operations 1,893 2,007 1,888
Financing cash flows:      
Purchase of treasury shares (900) (800) (1,400)
Net increase in commercial paper 0 50 0
Proceeds from issuance of debt 987 347 1,091
Repayments of debt (315) (12) (61)
Shares withheld for taxes on vested units – treasury shares (49) (39) (49)
Issuance of common stock from treasury shares 166 188 224
Payments of deferred and contingent consideration for acquisitions (136) (98) (49)
Distributions of non-controlling interests (22) (21) (30)
Dividends paid (740) (682) (632)
Net cash used for financing activities (1,009) (1,067) (906)
Investing cash flows:      
Capital expenditures (302) (253) (325)
Net (purchases) sales of long-term investments (13) 2 (65)
Proceeds from sales of fixed assets 8 4 2
Dispositions 0 0 71
Acquisitions (655) (813) (952)
Other, net 6 4 4
Net cash used for investing activities (956) (1,056) (1,265)
Effect of exchange rate changes on cash and cash equivalents 251 (232) (301)
Increase (decrease) in cash and cash equivalents 179 (348) (584)
Cash and cash equivalents at beginning of year 1,026 1,374 1,958
Cash and cash equivalents at end of year $ 1,205 $ 1,026 $ 1,374