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RESTATEMENT OF PREVIOUSLY ISSUED CONSOLIDATED FINANCIAL STATEMENTS - Consolidated Statement of Cash Flows (Details) - USD ($)
$ in Millions
3 Months Ended
Mar. 31, 2020
Mar. 31, 2019
Dec. 31, 2018
Cash flows from operations      
Net income $ 333 $ 342  
Adjustments to reconcile net income to cash flows from operations:      
Depreciation and amortization 199 192  
Deferred income taxes (17) (6)  
Stock compensation 29 22  
Net periodic pension benefit and other postretirement costs 20 3  
Other 13 14  
Changes in balance sheet items:      
Accounts receivable, net (60) 32  
Inventories (83) (82)  
Accounts payable and accrued liabilities (110) (335)  
Other (50) (48)  
Cash flows from operations – continuing operations 274 134  
Cash flows from operations – discontinued operations (2) (6)  
Cash flows from operations 272 128  
Cash flows from investing activities      
Capital expenditures (172) (193)  
Acquisitions and investments, net of cash acquired (443) (109)  
Other investing activities, net 11 1  
Cash flows from investing activities (604) (301)  
Cash flows from financing activities      
Net increases in debt with original maturities of three months or less 0 795  
Cash dividends on common stock (111) (101)  
Proceeds from stock issued under employee benefit plans 66 173  
Purchases of treasury stock 0 (597)  
Other financing activities, net (25) (32)  
Cash flows from financing activities 1,170 238  
Effect of foreign exchange rate changes on cash and cash equivalents (63) (1)  
Increase in cash and cash equivalents 775 64  
Cash and cash equivalents at beginning of period 3,335 1,838  
Cash and cash equivalents at end of period $ 4,110 1,902  
As previously reported      
Cash flows from operations      
Net income   347  
Adjustments to reconcile net income to cash flows from operations:      
Depreciation and amortization   195  
Deferred income taxes   (6)  
Stock compensation   22  
Net periodic pension benefit and other postretirement costs   3  
Other   19  
Changes in balance sheet items:      
Accounts receivable, net   32  
Inventories   (82)  
Accounts payable and accrued liabilities   (333)  
Other   (49)  
Cash flows from operations – continuing operations   148  
Cash flows from operations – discontinued operations   (6)  
Cash flows from operations   142  
Cash flows from investing activities      
Capital expenditures   (198)  
Acquisitions and investments, net of cash acquired   (109)  
Other investing activities, net   1  
Cash flows from investing activities   (306)  
Cash flows from financing activities      
Net increases in debt with original maturities of three months or less   795  
Cash dividends on common stock   (101)  
Proceeds from stock issued under employee benefit plans   173  
Purchases of treasury stock   (597)  
Other financing activities, net   (32)  
Cash flows from financing activities   238  
Effect of foreign exchange rate changes on cash and cash equivalents   2  
Increase in cash and cash equivalents   76  
Cash and cash equivalents at beginning of period   1,832  
Cash and cash equivalents at end of period   1,908  
Restatement impacts      
Cash flows from operations      
Net income   (5)  
Adjustments to reconcile net income to cash flows from operations:      
Depreciation and amortization   (3)  
Deferred income taxes   0  
Stock compensation   0  
Net periodic pension benefit and other postretirement costs   0  
Other   (5)  
Changes in balance sheet items:      
Accounts receivable, net   0  
Inventories   0  
Accounts payable and accrued liabilities   (2)  
Other   1  
Cash flows from operations – continuing operations   (14)  
Cash flows from operations – discontinued operations   0  
Cash flows from operations   (14)  
Cash flows from investing activities      
Capital expenditures   5  
Acquisitions and investments, net of cash acquired   0  
Other investing activities, net   0  
Cash flows from investing activities   5  
Cash flows from financing activities      
Net increases in debt with original maturities of three months or less   0  
Cash dividends on common stock   0  
Proceeds from stock issued under employee benefit plans   0  
Purchases of treasury stock   0  
Other financing activities, net   0  
Cash flows from financing activities   0  
Effect of foreign exchange rate changes on cash and cash equivalents   (3)  
Increase in cash and cash equivalents   (12)  
Cash and cash equivalents at beginning of period   6  
Cash and cash equivalents at end of period   (6)  
Restatement impacts | Foreign Currency Denominated Monetary Assets and Liabilities      
Cash flows from financing activities      
Effect of foreign exchange rate changes on cash and cash equivalents   4  
Restatement impacts | Foreign Currency Derivative Contracts | Foreign exchange contracts      
Changes in balance sheet items:      
Accounts payable and accrued liabilities   1  
Other   1  
Restatement impacts | Equipment Leased to Customers under Operating Leases      
Adjustments to reconcile net income to cash flows from operations:      
Depreciation and amortization   (3)  
Cash flows from investing activities      
Capital expenditures   5  
Restatement impacts | Correction of Classification of Foreign Currency Gains and Losses in our Consolidated Statements of Cash Flows      
Cash flows from financing activities      
Effect of Exchange Rate on Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents   5  
Restatement impacts | Correction Of Translation Of The Financial Position And Results Of Operations Into U.S. Dollars Misstatements      
Changes in balance sheet items:      
Accounts payable and accrued liabilities   1  
Other   1  
Cash flows from financing activities      
Effect of Exchange Rate on Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents   12  
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents   $ 6 $ 6