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Consolidated Statements of Cash Flows - USD ($)
$ in Millions
6 Months Ended
Jun. 30, 2016
Jun. 30, 2015
Operating Activities    
Net Income $ 3,502 $ 2,716
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 1,287 1,276
Credit for deferred income tax (993) (69)
Earnings of nonconsolidated affiliates less than dividends received 388 187
Pension contributions (506) (725)
Net gain on sales of investments (48) (28)
Net gain on sales of property, businesses and consolidated companies (74) (734)
Net gain on sale of ownership interests in nonconsolidated affiliates 0 (27)
Net gain on step acquisition of nonconsolidated affiliates 2,445 361
Restructuring charges 452 375
Excess tax benefits from share-based payment arrangements (32) (21)
Other net loss 62 15
Changes in assets and liabilities, net of effects of acquired and divested companies:    
Accounts and notes receivable (1,320) (699)
Proceeds from interests in trade accounts receivable conduits 753 713
Inventories (238) (29)
Accounts payable 433 (110)
Other assets and liabilities 1,049 185
Cash provided by operating activities 2,270 2,664
Investing Activities    
Capital expenditures (1,817) (1,901)
Construction of assets pending sale / leaseback 12 0
Proceeds from sale / leaseback of assets 32 0
Payment into escrow account (835) 0
Proceeds from sales of property, businesses and consolidated companies, net of cash divested 177 1,471
Acquisitions of property, businesses and consolidated companies, net of cash acquired (224) (54)
Cash Acquired from Acquisition 1,050 0
Investments in and loans to nonconsolidated affiliates (569) (383)
Distributions and loan repayments from nonconsolidated affiliates 8 11
Proceeds from sale of ownership interests in nonconsolidated affiliates 0 33
Purchases of investments (301) (177)
Proceeds from sales and maturities of investments 428 238
Cash used in investing activities (2,063) (762)
Financing Activities    
Changes in short-term notes payable (66) (62)
Proceeds from issuance of long-term debt 30 211
Payments on long-term debt (459) (108)
Purchases of treasury stock 0 (500)
Proceeds from sales of common stock 234 294
Transaction financing, debt issuance and other costs (2) (3)
Excess tax benefits from share-based payment arrangements 32 21
Contributions from noncontrolling interests 0 16
Distributions to noncontrolling interests (66) (24)
Dividends paid to stockholders (1,185) (1,125)
Cash used in financing activities (1,482) (1,280)
Effect of Exchange Rate Changes on Cash 7 (52)
Summary    
Increase (decrease) in cash and cash equivalents (1,268) 570
Cash and cash equivalents at beginning of period 8,577 5,654
Cash and cash equivalents at end of period $ 7,309 $ 6,224