Consolidated Statements of Cash Flows - USD ($) $ in Millions	6 Months Ended
	Jun. 30, 2019	Jun. 30, 2018
Cash Flows from Operating Activities:
Net income	$ 591	$ 149
Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation	658	604
Amortization of purchased intangibles	57	41
Equity in earnings of affiliated companies	(58)	(70)
Deferred tax (benefit) provision	(34)	46
Incentives and customer deposits	2	576
Translated earnings contract (gain) loss	(77)	164
Unrealized translation losses on transactions	34	38
Changes in certain working capital items:
Trade accounts receivable	(201)	(41)
Inventories	(257)	(193)
Other current assets	(164)	(30)
Accounts payable and other current liabilities	(365)	(146)
Other, net	(62)	(103)
Net cash provided by operating activities	124	1,035
Cash Flows from Investing Activities:
Capital expenditures	(1,094)	(1,177)
Acquisition of businesses, net of cash received		(794)
Proceeds from settlement of initial contingent consideration asset		196
Realized gains on translated earnings contracts	49	36
Other, net	11	(16)
Net cash used in investing activities	(1,034)	(1,755)
Cash Flows from Financing Activities:
Net repayments of short-term borrowings and current portion of long-term debt		(375)
Proceeds from issuance of commercial paper, net	446
Proceeds from issuance of long-term debt, net		596
Proceeds from the exercise of stock options	36	43
Repurchases of common stock for treasury	(407)	(1,483)
Dividends paid	(362)	(348)
Other, net	25	(11)
Net cash used in financing activities	(262)	(1,578)
Effect of exchange rates on cash	(5)	4
Net decrease in cash and cash equivalents	(1,177)	(2,294)
Cash and cash equivalents at beginning of period	2,355	4,317
Cash and cash equivalents at end of period	$ 1,178	$ 2,023