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Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Millions
9 Months Ended
Sep. 30, 2022
Sep. 30, 2021
Cash Flows from Operating Activities:    
Net income $ 1,413 $ 1,439
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation 1,014 1,005
Amortization of purchased intangibles 92 97
Loss on disposal of assets 110 8
Gain on sale of business (53) (54)
Share-based compensation expense 145 117
Translation gain on Japanese yen-denominated debt (321) (127)
Deferred tax provision 58 68
Translated earnings contract gain (257) (262)
Unrealized translation losses on transactions 140 65
Changes in assets and liabilities:    
Trade accounts receivable 161 (146)
Inventories (637) (72)
Other current assets (5) (210)
Accounts payable and other current liabilities 25 471
Customer deposits and government incentives 144 62
Deferred income (15) (92)
Other, net (16) 20
Net cash provided by operating activities 1,998 2,389
Cash Flows from Investing Activities:    
Capital expenditures (1,201) (1,014)
Proceeds from sale of business 77 102
Investment in and proceeds from unconsolidated entities, net (10) 87
Realized gains on translated earnings contract 209 30
Other, net (44) (8)
Net cash used in investing activities (969) (803)
Cash Flows from Financing Activities:    
Repayments of short-term borrowings (87) (144)
Repayments of long-term debt (716)
Proceeds from issuance of short-term debt 70
Proceeds from issuance of long-term debt 37 19
Payment for redemption of preferred stock (507) (507)
Payments of employee withholding tax on stock awards (44) (57)
Proceeds from exercise of stock options 35 91
Purchases of common stock for treasury (221) (22)
Dividends paid (696) (659)
Other, net (17) 5
Net cash used in financing activities (1,430) (1,990)
Effect of exchange rates on cash (117) (56)
Net decrease in cash and cash equivalents (518) (460)
Cash and cash equivalents at beginning of period 2,148 2,672
Cash and cash equivalents at end of period $ 1,630 $ 2,212