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Consolidated statement of cash flow - USD ($)
$ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2018
Mar. 31, 2018
Jun. 30, 2017
Jun. 30, 2018
Jun. 30, 2017
CASH FLOW FROM OPERATING ACTIVITIES          
Consolidated net income $ 3,634 $ 2,649 $ 2,027 $ 6,283 $ 4,806
Depreciation, depletion, amortization and impairment 3,508 3,046 2,930 6,554 7,590
Non-current liabilities, valuation allowances, and deferred taxes 35 114 (50) 149 (247)
(Gains) losses on disposals of assets (148) (125) (151) (273) (2,383)
Undistributed affiliates' equity earnings (298) (259) 501 (557) 206
(Increase) decrease in working capital (856) (3,222) (268) (4,078) (322)
Other changes, net 371 (122) (349) 249 (309)
Cash flow from operating activities 6,246 2,081 4,640 8,327 9,341
CASH FLOW USED IN INVESTING ACTIVITIES          
Intangible assets and property, plant and equipment additions (3,513) (5,665) (3,323) (9,178) (6,001)
Acquisitions of subsidiaries, net of cash acquired 12 (726) (6) (714) (325)
Investments in equity affiliates and other securities (146) (162) (433) (308) (956)
Increase in non-current loans (140) (171) (443) (311) (601)
Total expenditures (3,787) (6,724) (4,205) (10,511) (7,883)
Proceeds from disposals of intangible assets and property, plant and equipment 304 1,978 74 2,282 80
Proceeds from disposals of subsidiaries, net of cash sold (7) 3   (4) 2,696
Proceeds from disposals of non-current investments 396 188 133 584 142
Repayment of non-current loans 581 416 153 997 340
Total divestments 1,274 2,585 360 3,859 3,258
Cash flow used in investing activities (2,513) (4,139) (3,845) (6,652) (4,625)
CASH FLOW FROM FINANCING ACTIVITIES          
Issuance (repayment) of shares: Parent company shareholders 473 9 406 482 421
Issuance (repayment) of shares: Treasury shares (1,182) (558)   (1,740)  
Dividends paid: Parent company shareholders (2,692) (1,516) (1,462) (4,208) (2,000)
Dividends paid: Non-controlling interests (72) (12) (61) (84) (76)
Payments on perpetual subordinated notes (116) (150) (90) (266) (219)
Net issuance (repayment) of non-current debt 52 (2,480) 290 (2,428) 346
Increase (decrease) in current borrowings (738) 1,707 (1,167) 969 (2,580)
Increase (decrease) in current financial assets and liabilities (1,779) 1,155 979 (624) 1,637
Cash flow used in financing activities (6,054) (1,845) (1,105) (7,899) (2,471)
Net increase (decrease) in cash and cash equivalents (2,321) (3,903) (310) (6,224) 2,245
Effect of exchange rates (1,296) 810 1,504 (486) 1,878
Cash and cash equivalents at the beginning of the period 30,092 33,185 27,526 33,185 24,597
Cash and cash equivalents at the end of the period $ 26,475 $ 30,092 $ 28,720 $ 26,475 $ 28,720