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Consolidated Statements of Cash Flows - USD ($)
$ in Millions
9 Months Ended
Sep. 30, 2017
Sep. 30, 2016
Operating Activities    
Net Income $ 3,079 $ 4,320
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 2,318 2,067
Provision (credit) for deferred income tax 387 (990)
Earnings of nonconsolidated affiliates less than dividends received 194 341
Net periodic pension benefit cost 334 312
Pension contributions (444) (567)
Net gain on sales of assets, businesses and investments (474) (179)
Net gain on step acquisition of nonconsolidated affiliate 0 (2,445)
Restructuring and asset related charges - net 126 452
Other net loss 296 300
Changes in assets and liabilities, net of effects of acquired and divested companies:    
Accounts and notes receivable (2,241) (1,435)
Proceeds from interests in trade accounts receivable conduits 939 882
Inventories (1,175) (39)
Accounts payable 1,207 1,031
Other assets and liabilities - net 233 (331)
Cash provided by operating activities 4,779 3,719
Investing Activities    
Capital expenditures (2,209) (2,877)
Investment in gas field developments (98) (81)
Construction of assets pending sale / leaseback 0 (12)
Proceeds from sale / leaseback of assets 0 32
Purchases of previously leased assets (2) 0
Payment into escrow account (130) (835)
Distribution from escrow account 130 835
Proceeds from sales of property and businesses, net of cash divested 521 217
Acquisitions of property and businesses, net of cash acquired (31) (187)
Cash acquired in step acquisition of nonconsolidated affiliate 0 1,050
Investments in and loans to nonconsolidated affiliates (694) (831)
Distributions and loan repayments from nonconsolidated affiliates 54 10
Proceeds from sale of ownership interests in nonconsolidated affiliates 64 0
Purchases of investments (450) (426)
Proceeds from sales and maturities of investments 1,039 607
Cash used in investing activities (1,806) (2,498)
Financing Activities    
Changes in short-term notes payable 365 (69)
Proceeds from issuance of long-term debt 0 32
Payments on long-term debt (550) (523)
Purchases of treasury stock 0 (416)
Proceeds from issuance of parent company stock 21 0
Proceeds from sales of common stock 423 320
Employee taxes paid for share-based payment arrangements (89) (65)
Distributions to noncontrolling interests (58) (85)
Purchases of noncontrolling interests 0 202
Dividends paid to stockholders (1,621) (1,782)
Other financing activities - net 0 (2)
Cash used in financing activities (1,509) (2,792)
Effect of Exchange Rate Changes on Cash 323 26
Summary    
Increase (decrease) in cash and cash equivalents 1,787 (1,545)
Cash and cash equivalents at beginning of period 6,607 8,577
Cash and cash equivalents at end of period $ 8,394 $ 7,032