XML 17 R5.htm IDEA: XBRL DOCUMENT v3.10.0.1
CONDENSED CONSOLIDATED STATEMENT OF CASH FLOWS - USD ($)
$ in Millions
6 Months Ended
Jun. 30, 2018
Jun. 30, 2017
Operating activities    
Net income $ 1,098 $ 951
Adjustments to reconcile to net cash provided by operating activities    
Depreciation and amortization 457 453
Deferred income taxes (109) (105)
Pension and other postretirement benefits expense 82 104
Contributions to pension plans (72) (160)
Contributions to other postretirement benefits plans (12) (11)
Changes in working capital (482) (381)
Other - net (124) 186
Net cash provided by operating activities 838 1,037
Investing activities    
Capital expenditures for property, plant and equipment (280) (246)
Sales (purchases) of short-term investments - net 284 (309)
Other - net (41) (31)
Net cash used in investing activities (37) (586)
Financing activities    
Proceeds from borrowings 500 832
Payments on borrowings (486) (543)
Cash dividends paid (578) (537)
Exercise of employee stock options 21 49
Repurchase of shares (600) (465)
Employee taxes paid from shares withheld (23) (21)
Other - net (2) (4)
Net cash provided by (used in) financing activities (1,168) (689)
Effect of currency on cash 62 7
Total decrease in cash (305) (231)
Cash at the beginning of the period 561 543
Cash at the end of the period $ 256 $ 312