CONSOLIDATED STATEMENT OF CASH FLOWS - USD ($) $ in Millions		12 Months Ended
		Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Cash flows from operating activities:
Net income		$ 4,275	$ 3,492	$ 1,928
Adjustments to reconcile net income to cash provided by operating activities:
Charges and credits		110	(347)	(65)
Depreciation and amortization	[1]	2,312	2,147	2,120
Deferred taxes		28	(39)	(31)
Stock-based compensation expense		293	313	324
Earnings of equity method investments, less dividends received		(132)	(96)	10
Change in assets and liabilities:
Increase in receivables	[2]	(659)	(1,728)	(36)
(Increase) decrease in inventories	[2]	(254)	(737)	75
Decrease (increase) in other current assets	[2]	121	(44)	387
Increase in other assets	[2]	(10)	(45)	(2)
Increase in accounts payable and accrued liabilities	[2]	724	704	160
(Decrease) increase in estimated liability for taxes on income	[2]	(62)	96	(154)
(Decrease) increase in other liabilities	[2]	(76)	23	(26)
Other	[2]	(33)	(19)	(39)
NET CASH PROVIDED BY OPERATING ACTIVITIES		6,637	3,720	4,651
Cash flows from investing activities:
Capital expenditures		(1,939)	(1,618)	(1,141)
APS investments		(507)	(587)	(474)
Exploration data capitalized		(153)	(97)	(39)
Proceeds from sale of Liberty shares		137	732	109
Proceeds from sale of ADC shares			223
Proceeds from sale of real estate			120
Business acquisitions and investments, net of cash acquired		(242)	(58)	(103)
Sale of short-term investments, net		117	138	787
Purchases of Blue Chip Swap securities		(185)	(259)
Proceeds from sales of Blue Chip Swap securities		97	111
Other		(108)	(93)	(58)
NET CASH USED IN INVESTING ACTIVITIES		(2,783)	(1,388)	(919)
Cash flows from financing activities:
Dividends paid		(1,317)	(848)	(699)
Proceeds from employee stock purchase plan		191	142	137
Proceeds from exercise of stock options		90	81
Taxes paid on net-settled stock-based compensation awards		(169)	(93)	(24)
Stock repurchase program		(694)
Proceeds from issuance of long-term debt		994		34
Repayment of long-term debt		(1,578)	(1,650)	(2,076)
Net increase (decrease) in short-term borrowings		2	37	(105)
Other		(31)	(51)	(91)
NET CASH USED IN FINANCING ACTIVITIES		(2,512)	(2,382)	(2,824)
Net increase (decrease) in cash before translation effect		1,342	(50)	908
Impact of changes in exchange rates on cash		(97)	(52)	5
Cash, beginning of period		1,655	1,757	844
Cash, end of period		$ 2,900	$ 1,655	$ 1,757

[1] Includes depreciation of fixed assets and amortization of intangible assets, exploration data costs and APS investments.

[2] Net of the effect of business acquisitions and divestitures.