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Consolidated Statements of Cash Flows - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2017
Dec. 31, 2016
Dec. 31, 2015
CASH PROVIDED BY (USED IN) OPERATING ACTIVITIES      
Net earnings $ 6,341 $ 7,250 $ 7,032
Adjustments to reconcile net earnings to operating cash flows:      
Depreciation and amortization 875 743 754
Deferred income tax (benefit) provision (501) 182 (18)
Asset impairment and exit costs, net of cash paid (10) (31) (164)
Cash effects of changes in:      
Receivables, net (92) (1,009) 647
Inventories 730 (695) (841)
Accounts payable 425 373 310
Accrued liabilities and other current assets (554) 1,477 (8)
Income taxes 1,370 (209) (42)
Pension plan contributions (66) (191) (154)
Other 394 187 349
Net cash provided by operating activities 8,912 8,077 7,865
CASH PROVIDED BY (USED IN) INVESTING ACTIVITIES      
Capital expenditures (1,548) (1,172) (960)
Investments in unconsolidated subsidiaries (111) (41) (55)
Net investment hedges (1,527) 295 239
Other 172 (50) 68
Net cash used in investing activities (3,014) (968) (708)
Short-term borrowing activity by original maturity:      
Net repayments - maturities of 90 days or less (127) (12) (266)
Issuances - maturities longer than 90 days 1,634 0 0
Repayments - maturities longer than 90 days (1,634) 0 0
Long-term debt proceeds 6,850 3,536 1,539
Long-term debt repaid (2,551) (2,393) (1,229)
Repurchases of common stock 0 0 (48)
Dividends paid (6,520) (6,378) (6,250)
Sale (purchase) of subsidiary shares to/(from) noncontrolling interests 5 7 1,622
Other (426) (173) (104)
Net cash used in financing activities (2,769) (5,413) (4,736)
Effect of exchange rate changes on cash and cash equivalents 1,079 (874) (686)
Cash and cash equivalents:      
Increase 4,208 822 1,735
Balance at beginning of year 4,239 3,417 1,682
Balance at end of year 8,447 4,239 3,417
Cash Paid:      
Interest 1,050 1,052 1,045
Income taxes $ 3,403 $ 2,829 $ 2,771