XML 19 R6.htm IDEA: XBRL DOCUMENT v3.7.0.1
Consolidated Statements of Cash Flows - USD ($)
$ in Millions
3 Months Ended
Mar. 31, 2017
Mar. 31, 2016
Operating Activities    
Net Income $ 915 $ 275
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 778 607
Credit for deferred income tax (95) (451)
Earnings of nonconsolidated affiliates less than dividends received 212 360
Pension contributions (302) (448)
Net gain on sales of investments (12) (12)
Net gain on sales of property, businesses and consolidated companies (8) (8)
Net loss on sale of ownership interests in nonconsolidated affiliates 3 0
Restructuring credits (1) (2)
Other net loss 33 34
Changes in assets and liabilities, net of effects of acquired and divested companies:    
Accounts and notes receivable (890) (1,043)
Proceeds from interests in trade accounts receivable conduits 114 187
Inventories (847) (432)
Accounts payable 322 135
Other assets and liabilities 254 937
Cash provided by operating activities 476 139
Investing Activities    
Capital expenditures (754) (820)
Investment in gas field developments (38) 0
Payment into escrow account (130) 0
Proceeds from sales of property, businesses and consolidated companies, net of cash divested 96 32
Acquisitions of property, businesses and consolidated companies, net of cash acquired (26) (167)
Investments in and loans to nonconsolidated affiliates (245) (245)
Distributions and loan repayments from nonconsolidated affiliates 0 3
Proceeds from sale of ownership interests in nonconsolidated affiliates 30 0
Purchases of investments (129) (121)
Proceeds from sales and maturities of investments 136 155
Cash used in investing activities (1,060) (1,163)
Financing Activities    
Changes in short-term notes payable 136 (54)
Proceeds from issuance of long-term debt 0 29
Payments on long-term debt (38) (360)
Proceeds from sales of common stock 282 92
Transaction financing, debt issuance and other costs 0 (2)
Employee taxes paid for share-based payment arrangements 84 61
Distributions to noncontrolling interests (21) (11)
Dividends paid to stockholders (506) (591)
Cash used in financing activities (231) (958)
Effect of Exchange Rate Changes on Cash 56 15
Summary    
Decrease in cash and cash equivalents (759) (1,967)
Cash and cash equivalents at beginning of period 6,607 8,577
Cash and cash equivalents at end of period $ 5,848 $ 6,610