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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Millions
9 Months Ended
Dec. 31, 2016
Dec. 31, 2015
Operating Activities    
Net income $ 1,530 $ 1,866
Adjustments to reconcile to net cash provided by operating activities:    
Depreciation and amortization 663 671
Goodwill impairment charge 290 0
Deferred taxes 122 30
Share-based compensation expense 109 113
Charges (credits) associated with last-in-first-out inventory method (151) 215
Loss (gain) from sale of businesses 113 (103)
Other non-cash items 50 139
Changes in operating assets and liabilities, net of acquisitions:    
Receivables (654) (1,667)
Inventories (374) (2,397)
Drafts and accounts payable 1,891 1,695
Deferred revenue (58) (66)
Taxes 52 114
Other (274) (44)
Net cash provided by operating activities 3,309 566
Investing Activities    
Payments for property, plant and equipment (246) (272)
Capitalized software expenditures (123) (145)
Acquisitions, net of cash and cash equivalents acquired (4,174) (25)
Proceeds from/(payment for) sale of businesses, net (91) 204
Restricted cash for acquisitions 935 0
Other 80 10
Net cash used in investing activities (3,619) (228)
Financing Activities    
Proceeds from short-term borrowings 2,803 1,532
Repayments of short-term borrowings (1,405) (1,668)
Repayments of long-term debt (392) (996)
Common stock transactions:    
Issuances 89 97
Share repurchases, including shares surrendered for tax withholding (2,060) (960)
Dividends paid (192) (179)
Other 12 (73)
Net cash used in financing activities (1,145) (2,247)
Effect of exchange rate changes on cash and cash equivalents (159) (26)
Net decrease in cash and cash equivalents (1,614) (1,935)
Cash and cash equivalents at beginning of period 4,048 5,341
Cash and cash equivalents at end of period $ 2,434 $ 3,406