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Consolidated Statements of Cash Flows (Unaudited) (USD $)
In Millions
6 Months Ended
Jun. 30, 2011
Jun. 30, 2010
Cash flows from operating activities:    
Net income $ 884 $ 818
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 273 251
Deferred income taxes (9) (85)
Equity income in unconsolidated affiliate (23) (14)
Dividend from unconsolidated affiliate 45 17
Other, net 33 5
Change in operating assets and liabilities, net of acquisitions:    
Receivables (379) (205)
Inventories (363) 29
Costs in excess of billings 316 (62)
Prepaid and other current assets (110) (6)
Accounts payable 88 13
Billings in excess of costs 267 (636)
Other assets/liabilities, net (135) 157
Net cash provided by operating activities 887 282
Cash flows from investing activities:    
Purchases of property, plant and equipment (192) (78)
Business acquisitions, net of cash acquired (259) (62)
Dividend from unconsolidated affiliate 13 16
Other 14 16
Net cash used in investing activities (424) (108)
Cash flows from financing activities:    
Repayments on debt (372) (9)
Cash dividends paid (93) (84)
Proceeds from stock options exercised 71 8
Other, net 16 3
Net cash used in financing activities (378) (82)
Effect of exchange rates on cash 22 (26)
Increase in cash and cash equivalents 107 66
Cash and cash equivalents, beginning of period 3,333 2,622
Cash and cash equivalents, end of period 3,440 2,688
Cash payments during the period for:    
Interest 30 28
Income taxes $ 712 $ 262