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Consolidated Statements of Cash Flows - USD ($)
$ in Millions
3 Months Ended 12 Months Ended 56 Months Ended
Dec. 31, 2018
Sep. 30, 2018
Jun. 30, 2018
Mar. 31, 2018
Dec. 31, 2017
Sep. 30, 2017
Jun. 30, 2017
Mar. 31, 2017
Dec. 31, 2018
Dec. 31, 2017
Dec. 31, 2016
Aug. 30, 2017
Operating Activities                        
Net income                 $ 4,775 $ 595 $ 4,404  
Less: Income (loss) from discontinued operations $ 432 $ 335 $ 554 $ 514 $ 737 $ 296 $ 548 $ 301 1,835 1,882 2,926  
Income from continuing operations, net of tax 491 $ 714 $ 810 925 (3,218) $ 505 $ 812 614 2,940 (1,287) 1,478  
Adjustments to reconcile net income to net cash provided by (used for) operating activities:                        
Depreciation and amortization                 2,909 2,546 2,225  
Provision (Credit) for deferred income tax                 (429) 1,413 (1,009)  
Earnings of nonconsolidated affiliates less than (in excess of) dividends received                 108 253 425  
Net periodic pension benefit cost                 279 1,032 292  
Pension contributions                 (1,651) (1,672) (624)  
Net gain on sales of assets, businesses and investments                 (38) (419) (196)  
Net (gain) loss on step acquisition of nonconsolidated affiliate                 20 0 (1,617)  
Restructuring, goodwill impairment and asset related charges - net                 221 2,739 579  
Amortization of Merger-related inventory step-up                 2 120 0  
Asbestos-related charge                 0 0 1,113  
Other net loss                 393 331 324  
Changes in assets and liabilities, net of effects of acquired and divested companies:                        
Accounts and notes receivable                 (855) (11,431) (8,764)  
Inventories                 (859) (891) 380  
Accounts payable                 787 1,081 547  
Other assets and liabilities, net                 (731) (258) 965  
Cash provided by (used for) operating activities - continuing operations                 3,096 (6,443) (3,882)  
Cash provided by operating activities - discontinued operations                 1,158 1,514 925  
Cash provided by (used for) operating activities                 4,254 (4,929) (2,957)  
Investing Activities                        
Capital expenditures                 (2,091) (2,807) (3,489)  
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                 47 522 235  
Acquisitions of property and businesses, net of cash acquired                 (20) 47 (163)  
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 98  
Purchases of investments                 (1,530) (642) (577)  
Proceeds from sales and maturities of investments                 1,214 1,165 733  
Proceeds from interests in trade accounts receivable conduits                 657 9,462 8,551  
Other investing activities, net                 0 34 46  
Cash provided by (used for) investing activities - continuing operations                 (1,826) 6,793 5,371  
Cash provided by (used for) investing activities - discontinued operations                 (369) 725 (279)  
Cash provided by (used for) investing activities                 (2,195) 7,518 5,092  
Financing Activities                        
Transfer of business under common control                 (240) 6 0  
Changes in short-term notes payable                 (178) 268 (19)  
Proceeds from issuance of long-term debt                 1,999 0 30  
Payments on long-term debt                 (3,054) (617) (584)  
Purchases of treasury stock                 0 0 (916) $ (8,100)
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                 (77) (81) (58)  
Distributions to noncontrolling interests                 (135) (101) (146)  
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) (4) (2)  
Cash used for financing activities - continuing operations                 (5,351) (3,275) (3,961)  
Cash used for financing activities - discontinued operations                 (53) (50) (53)  
Cash used for financing activities                 (5,404) (3,325) (4,014)  
Effect of exchange rate changes on cash, cash equivalents and restricted cash                 (99) 320 (77)  
Summary                        
Decrease in cash, cash equivalents and restricted cash                 (3,444) (416) (1,956)  
Cash, cash equivalents and restricted cash at beginning of year       $ 6,208       $ 6,624 6,208 6,624 8,580  
Cash, cash equivalents and restricted cash at end of year 2,764       6,208       2,764 6,208 6,624  
Less: Restricted cash and cash equivalents, included in Other current assets 40       19       40 19 17  
Cash and cash equivalents at end of year $ 2,724       $ 6,189       $ 2,724 $ 6,189 $ 6,607