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Condensed Consolidated Statements of Cash Flows (unaudited) - USD ($)
$ in Millions
3 Months Ended
Mar. 31, 2017
Mar. 31, 2016
Cash flows from operations    
Net income $ 272 $ 3,380
Adjustments to reconcile income from continuing operations to net cash from operating activities:    
Income from discontinued operations, net of tax 1 7
Depreciation and amortization 194 189
Deferred income taxes 9 (71)
Stock compensation 18 23
Net periodic pension benefit and OPEB costs 31 30
Net realized gains on the Retained Share transactions   (3,239)
Other (1) 97
Changes in balance sheet items    
Accounts and other current receivables, net 78 16
Inventories (29) (26)
Accounts payable and accrued liabilities (262) (438)
Business optimization and infusion pump payments (43) (34)
Other (62) (108)
Cash flows from operations – continuing operations 206 (174)
Cash flows from operations – discontinued operations (17) (159)
Cash flows from operations 189 (333)
Cash flows from investing activities    
Capital expenditures (123) (184)
Acquisitions and investments, net of cash acquired (6) (33)
Divestitures and other investing activities 12 3
Cash flows from investing activities – continuing operations (117) (214)
Cash flows from investing activities – discontinued operations   13
Cash flows from investing activities (117) (201)
Cash flows from financing activities    
Issuances of debt   61
Payments of obligations   (20)
Increase in debt with original maturities of three months or less, net   450
Cash dividends on common stock (70) (63)
Proceeds from stock issued under employee benefit plans 111 84
Purchases of treasury stock (51)  
Other (27) (2)
Cash flows from financing activities (37) 510
Effect of foreign exchange rate changes on cash and equivalents 22 22
Decrease in cash and equivalents 57 (2)
Cash and equivalents at beginning of period 2,801 2,213
Cash and equivalents at end of period $ 2,858 2,211
Supplemental Schedule of Non-Cash Investing and Financing Activities    
Net proceeds on Retained Share transactions   3,239
Payment of obligations in exchange for Retained Shares   $ 3,646