Consolidated Statement of Cash Flows - USD ($) $ in Millions	6 Months Ended
	Jun. 30, 2019	Jun. 30, 2018
Cash Flows from Operating Activities
Net income including noncontrolling interest	$ 2,024	$ 2,468
Adjustments to reconcile net income including noncontrolling interest to net cash provided by operating activities
Depreciation and amortization	751	762
Company pension and postretirement contributions	(88)	(261)
Company pension and postretirement expense	176	204
Stock-based compensation expense	182	208
Gain on sale of businesses	(5)	(530)
Deferred income taxes	(74)	(1)
Loss on deconsolidation of Venezuelan subsidiary	162
Changes in assets and liabilities
Accounts receivable	(258)	(606)
Inventories	75	(337)
Accounts payable	(173)	(12)
Accrued income taxes (current and long-term)	(163)	234
Other - net	101	(87)
Net cash provided by (used in) operating activities	2,710	2,042
Cash Flows from Investing Activities
Purchases of property, plant and equipment (PP&E)	(812)	(669)
Proceeds from sale of PP&E and other assets	3	96
Acquisitions, net of cash acquired	(704)	13
Purchases of marketable securities and investments	(751)	(964)
Proceeds from maturities and sale of marketable securities and investments	1,005	1,636
Proceeds from sale of businesses, net of cash sold	6	806
Other - net	18	(11)
Net cash provided by (used in) investing activities	(1,235)	907
Cash Flows from Financing Activities
Change in short-term debt - net	(441)	774
Repayment of debt (maturities greater than 90 days)	(871)	(6)
Proceeds from debt (maturities greater than 90 days)	2,265	6
Purchases of treasury stock	(1,101)	(2,537)
Proceeds from issuance of treasury stock pursuant to stock option and benefit plans	365	305
Dividends paid to shareholders	(1,660)	(1,612)
Other - net	(34)	(26)
Net cash provided by (used in) financing activities	(1,477)	(3,096)
Effect of exchange rate changes on cash and cash equivalents	(2)	(105)
Net increase (decrease) in cash and cash equivalents	(4)	(252)
Cash and cash equivalents at beginning of year	2,853	3,053
Cash and cash equivalents at end of period	$ 2,849	$ 2,801