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Consolidated Statement of Cash Flows (USD $)
In Millions, unless otherwise specified
12 Months Ended
Dec. 31, 2013
Dec. 31, 2012
Dec. 31, 2011
Cash Flows from Operating Activities      
Net income including noncontrolling interest $ 4,721 $ 4,511 $ 4,357
Adjustments to reconcile net income including noncontrolling interest to net cash provided by operating activities      
Depreciation and amortization 1,371 1,288 1,236
Company pension and postretirement contributions (482) (1,146) (582)
Company pension and postretirement expense 553 650 555
Stock-based compensation expense 240 223 253
Deferred income taxes (167) 33 177
Excess tax benefits from stock-based compensation (92) (62) (53)
Changes in assets and liabilities      
Accounts receivable (337) (133) (205)
Inventories (86) (251) (196)
Accounts payable 16 72 (83)
Accrued income taxes (current and long-term) 206 90 (45)
Product and other insurance receivables and claims 41 (32) 9
Other - net (167) 57 (139)
Net cash provided by operating activities 5,817 5,300 5,284
Cash Flows from Investing Activities      
Purchases of property, plant and equipment (PP&E) (1,665) (1,484) (1,379)
Proceeds from sale of PP&E and other assets 128 41 55
Acquisitions, net of cash acquired 0 (1,046) (649)
Purchases of marketable securities and investments (4,040) (5,492) (4,162)
Proceeds from maturities and sale of marketable securities and investments 4,667 5,281 3,417
Proceeds from sale of businesses 8 0 0
Other investing 46 14 0
Net cash used in investing activities (856) (2,686) (2,718)
Cash Flows from Financing Activities      
Change in short-term debt - net (2) (36) 11
Repayment of debt (maturities greater than 90 days) (859) (612) (1,429)
Proceeds from debt (maturities greater than 90 days) 824 1,370 1,111
Purchases of treasury stock (5,212) (2,204) (2,701)
Proceeds from issuance of treasury stock pursuant to stock option and benefit plans 1,609 1,012 902
Dividends paid to shareholders (1,730) (1,635) (1,555)
Excess tax benefits from stock-based compensation 92 62 53
Other - net 32 (15) (67)
Net cash used in financing activities (5,246) (2,058) (3,675)
Effect of exchange rate changes on cash and cash equivalents (17) 108 (49)
Net increase (decrease) in cash and cash equivalents (302) 664 (1,158)
Cash and cash equivalents at beginning of year 2,883 2,219 3,377
Cash and cash equivalents at end of period $ 2,581 $ 2,883 $ 2,219