XML 498 R5.htm IDEA: XBRL DOCUMENT v3.23.1
CONSOLIDATED STATEMENT OF CASH FLOW - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2022
Dec. 31, 2021
Dec. 31, 2020
CASH FLOW FROM OPERATING ACTIVITIES      
Consolidated net income $ 21,044 $ 16,366 $ (7,336)
Depreciation, depletion, amortization and impairment 13,680 14,343 22,861
Non-current liabilities, valuation allowances and deferred taxes 4,594 962 (1,782)
(Gains) losses on disposals of assets 369 (454) (909)
Undistributed affiliates' equity earnings 6,057 (667) 948
(Increase) decrease in working capital 1,191 (616) 1,869
Other changes, net 432 476 (848)
Cash flow from operating activities 47,367 30,410 14,803
CASH FLOW USED IN INVESTING ACTIVITIES      
Intangible assets and property, plant and equipment additions (15,690) (12,343) (10,764)
Acquisitions of subsidiaries, net of cash acquired (94) (321) (966)
Investments in equity affiliates and other securities (3,042) (2,678) (2,120)
Increase in non-current loans (976) (1,247) (1,684)
Total expenditures (19,802) (16,589) (15,534)
Proceeds from disposals of intangible assets and property, plant and equipment 540 770 740
Proceeds from disposals of subsidiaries, net of cash sold 835 269 282
Proceeds from disposals of non-current investments 577 722 578
Repayment of non-current loans 2,734 1,172 855
Total divestments 4,686 2,933 2,455
Cash flow used in investing activities (15,116) (13,656) (13,079)
CASH FLOW FROM FINANCING ACTIVITIES      
Issuance (repayment) of shares: Parent company shareholders 370 381 374
Issuance (repayment) of shares: Treasury shares (7,711) (1,823) (611)
Dividends paid: Parent company shareholders (9,986) (8,228) (6,688)
Dividends paid: Non-controlling interests (536) (124) (184)
Net issuance of perpetual subordinated notes   3,248 331
Payments on perpetual subordinated notes (339) (313) (315)
Other transactions with non-controlling interests (49) 652 (204)
Net issuance (repayment) of non-current debt 1,108 (359) 15,800
Increase (decrease) in current borrowings (6,073) (10,856) (6,501)
Increase (decrease) in current financial assets and liabilities 3,944 (8,075) (604)
Cash flow from / (used in) financing activities (19,272) (25,497) 1,398
NET INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS 12,979 (8,743) 3,122
Effect of exchange rates (1,295) (1,183) 794
Cash and cash equivalents at the beginning of the period 21,342 31,268 27,352
CASH AND CASH EQUIVALENTS AT THE END OF THE PERIOD $ 33,026 $ 21,342 $ 31,268