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Consolidated Statements of Cash Flows - USD ($)
$ in Millions
3 Months Ended
Mar. 31, 2018
Mar. 31, 2017
Operating Activities    
Net income $ 1,377 $ 915
Adjustments to reconcile net income to net cash used for operating activities:    
Depreciation and amortization 837 778
Credit for deferred income tax (67) (95)
Earnings of nonconsolidated affiliates less than dividends received 287 212
Net periodic pension benefit cost 110 112
Pension contributions (308) (302)
Net gain on sales of assets, businesses and investments (33) (17)
Restructuring and asset related charges (credits) - net 165 (1)
Other net loss 98 141
Changes in assets and liabilities, net of effects of acquired and divested companies:    
Accounts and notes receivable (1,524) (1,327)
Inventories (1,239) (847)
Accounts payable 823 483
Other assets and liabilities, net (684) (128)
Cash used for operating activities (158) (76)
Investing Activities    
Capital expenditures (423) (754)
Investment in gas field developments (28) (38)
Proceeds from sales of property and businesses, net of cash divested 17 96
Investments in and loans to nonconsolidated affiliates 0 (245)
Proceeds from sale of ownership interests in nonconsolidated affiliates 0 30
Purchases of investments (557) (129)
Proceeds from sales and maturities of investments 454 136
Proceeds from interests in trade accounts receivable conduits 445 551
Cash used for investing activities (92) (353)
Financing Activities    
Changes in short-term notes payable 293 136
Payments on long-term debt (54) (38)
Proceeds from issuance of parent company stock 63 0
Proceeds from sales of common stock 0 282
Employee taxes paid for share-based payment arrangements (77) (84)
Contingent payment for acquisition of businesses 0 (26)
Distributions to noncontrolling interests (24) (21)
Dividends paid to stockholders 0 (506)
Dividends paid to parent (1,057) 0
Other financing activities, net 3 0
Cash used for financing activities (853) (257)
Summary    
Effect of Exchange Rate on Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents 100 56
Decrease in cash, cash equivalents and restricted cash (1,003) (630)
Cash, cash equivalents and restricted cash at beginning of period 6,207 6,624
Cash, cash equivalents and restricted cash at end of period $ 5,204 $ 5,994