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Consolidated Statements of Cash Flows - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2018
Dec. 31, 2017
Dec. 31, 2016
Operating Activities      
Net income $ 4,633 $ 595 $ 4,404
Adjustments to reconcile net income to net cash provided by (used for) operating activities:      
Depreciation and amortization 3,329 3,155 2,862
Provision (Credit) for deferred income tax (530) 933 (1,259)
Earnings of nonconsolidated affiliates less than (in excess of) dividends received (42) 95 243
Net periodic pension benefit cost 380 1,137 389
Pension contributions (1,656) (1,676) (629)
Net gain on sales of assets, businesses and investments (67) (1,156) (214)
Net (gain) loss on step acquisition of nonconsolidated affiliate 47 0 (2,445)
Restructuring, goodwill impairment and asset related charges - net 620 3,100 595
Asbestos-related charge 0 0 1,113
Other net loss 426 378 361
Changes in assets and liabilities, net of effects of acquired and divested companies:      
Accounts and notes receivable (1,532) (11,927) (8,833)
Inventories (983) (1,225) 610
Accounts payable 359 1,735 569
Other assets and liabilities, net (1,090) (102) (723)
Cash provided by (used for) operating activities 3,894 (4,958) (2,957)
Investing Activities      
Capital expenditures (2,538) (3,144) (3,804)
Investment in gas field developments (114) (121) (113)
Purchases of previously leased assets (26) (187) 0
Proceeds from sales of property and businesses, net of cash divested 155 1,691 284
Acquisitions of property and businesses, net of cash acquired (20) 47 (187)
Cash acquired in step acquisition of nonconsolidated affiliate 0 0 1,070
Investments in and loans to nonconsolidated affiliates (18) (749) (1,020)
Distributions and loan repayments from nonconsolidated affiliates 55 69 109
Proceeds from sales of ownership interests in nonconsolidated affiliates 4 64 22
Purchases of investments (1,530) (643) (577)
Proceeds from sales and maturities of investments 1,216 1,163 733
Proceeds from interests in trade accounts receivable conduits 657 9,462 8,551
Other investing activities, net 31 (100) 24
Cash provided by (used for) investing activities (2,128) 7,552 5,092
Financing Activities      
Changes in short-term notes payable (176) 293 (33)
Proceeds from issuance of long-term debt 2,000 0 32
Payments on long-term debt (3,058) (621) (588)
Purchases of treasury stock 0 0 (916)
Proceeds from issuance of parent company stock 112 66 0
Proceeds from sales of common stock 0 423 398
Employee taxes paid for share-based payment arrangements (92) (93) (65)
Distributions to noncontrolling interests (172) (129) (176)
Purchases of noncontrolling interests 0 0 (202)
Dividends paid to stockholders 0 (2,179) (2,462)
Dividends paid to parent (3,711) (1,056) 0
Other financing activities, net (67) (35) (2)
Cash used for financing activities (5,164) (3,331) (4,014)
Effect of exchange rate changes on cash, cash equivalents and restricted cash (100) 320 (77)
Summary      
Decrease in cash, cash equivalents and restricted cash (3,498) (417) (1,956)
Cash, cash equivalents and restricted cash at beginning of year 6,207 6,624 8,580
Cash, cash equivalents and restricted cash at end of year 2,709 6,207 6,624
Less: Restricted cash and cash equivalents, included in Other current assets 40 19 17
Cash and cash equivalents at end of year 2,669 6,188 6,607
Supplemental cash flow information      
Interest, net of amounts capitalized 1,198 1,178 1,192
Income taxes $ 1,419 $ 1,805 $ 1,592