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Consolidated Statements of Cash Flows (Unaudited) (USD $)
In Millions, unless otherwise specified
9 Months Ended
Sep. 30, 2012
Oct. 02, 2011
CASH FLOW FROM OPERATING ACTIVITIES    
Net Earnings $ 7,947 $ 9,454
Adjustments to reconcile net earnings to cash flows from operating activities:    
Depreciation and amortization of property and intangibles 2,630 2,315
Stock based compensation 515 484
Noncontrolling interest 339 0
Intangible asset write-downs 2,047 160
Deferred tax provision (324) (849)
Accounts receivable allowances 86 (21)
Changes in assets and liabilities, net of effects from acquisitions:    
Decrease/(Increase) in accounts receivable 94 (489)
Increase in inventories (593) (787)
Increase/(Decrease) in accounts payable and accrued liabilities 1,220 (100)
Increase in other current and non-current assets (790) (1,066)
(Decrease)/Increase in other current and non-current liabilities (1,151) 1,746
NET CASH FLOWS FROM OPERATING ACTIVITIES 12,020 10,847
CASH FLOWS FROM INVESTING ACTIVITIES    
Additions to property, plant and equipment (1,782) (1,765)
Proceeds from the disposal of assets 905 721
Acquisitions, net of cash acquired (4,423) (2,469)
Purchases of investments (8,837) (25,444)
Sales of investments 12,134 18,438
Other (4) (331)
NET CASH USED BY INVESTING ACTIVITIES (2,007) (10,850)
CASH FLOWS FROM FINANCING ACTIVITIES    
Dividends to shareholders (4,924) (4,601)
Repurchase of common stock (12,919) (1,672)
Proceeds from short-term debt 3,606 7,216
Retirement of short-term debt (5,780) (10,044)
Proceeds from long-term debt 16 4,471
Retirement of long-term debt (796) (12)
Proceeds from the exercise of stock options/excess tax benefits 1,817 946
Other (111) 0
NET CASH USED BY FINANCING ACTIVITIES (19,091) (3,696)
Effect of exchange rate changes on cash and cash equivalents 22 (39)
Decrease in cash and cash equivalents (9,056) (3,738)
Cash and Cash equivalents, beginning of period 24,542 19,355
CASH AND CASH EQUIVALENTS, END OF PERIOD 15,486 15,617
Supplemental schedule of non-cash investing and financing activities    
Issuance of common stock associated with the acquisition of Synthes, Inc. 13,335 0
Acquisitions    
Fair value of assets acquired 18,984 2,689
Fair value of liabilities assumed and non-controlling interests (1,226) (220)
Net fair value of acquisitions $ 17,758 $ 2,469