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Consolidated Statements of Cash Flows - USD ($)
$ in Millions
3 Months Ended 12 Months Ended 56 Months Ended
Dec. 31, 2019
Sep. 30, 2019
Jun. 30, 2019
Mar. 31, 2019
Dec. 31, 2018
Sep. 30, 2018
Jun. 30, 2018
Mar. 31, 2018
Dec. 31, 2019
Dec. 31, 2018
Dec. 31, 2017
Aug. 30, 2017
Operating Activities                        
Net income (loss)                 $ (1,272) $ 4,775 $ 595  
Less: Income from discontinued operations, net of tax $ 0 $ 0 $ 0 $ 445 $ 432 $ 335 $ 554 $ 514 445 1,835 1,882  
Income (loss) from continuing operations, net of tax (2,310) $ 347 $ 90 156 491 $ 714 $ 810 925 (1,717) 2,940 (1,287)  
Adjustments to reconcile net income to net cash provided by (used for) operating activities:                        
Depreciation and amortization                 2,938 2,909 2,546  
Provision (Credit) for deferred income tax                 (228) (429) 1,413  
Earnings of nonconsolidated affiliates less than (in excess of) dividends received                 1,114 108 253  
Net periodic pension benefit cost                 144 279 1,032  
Pension contributions                 (261) (1,651) (1,672)  
Net gain on sales of assets, businesses and investments                 (81) (38) (419)  
Restructuring, goodwill impairment and asset related charges - net                 3,219 221 2,739  
Other net loss                 198 415 451  
Changes in assets and liabilities, net of effects of acquired and divested companies:                        
Accounts and notes receivable                 1,253 (855) (11,431)  
Inventories                 668 (859) (891)  
Accounts payable                 (948) 787 1,081  
Other assets and liabilities, net                 (586) (731) (258)  
Cash provided by (used for) operating activities - continuing operations                 5,713 3,096 (6,443)  
Cash provided by operating activities - discontinued operations                 217 1,158 1,514  
Cash provided by (used for) operating activities                 5,930 4,254 (4,929)  
Investing Activities                        
Capital expenditures                 (1,961) (2,091) (2,807)  
Investment in gas field developments                 (76) (114) (121)  
Purchases of previously leased assets                 (9) (26) (187)  
Proceeds from sales of property and businesses, net of cash divested                 84 47 522  
Acquisitions of property and businesses, net of cash acquired                 0 (20) 47  
Investments in and loans to nonconsolidated affiliates                 (638) (18) (749)  
Distributions and loan repayments from nonconsolidated affiliates                 89 55 69  
Purchases of investments                 (899) (1,530) (642)  
Proceeds from sales and maturities of investments                 1,252 1,214 1,165  
Proceeds from interests in trade accounts receivable conduits                 0 657 9,462  
Other investing activities, net                 0 0 34  
Cash provided by (used for) investing activities - continuing operations                 (2,158) (1,826) 6,793  
Cash provided by (used for) investing activities - discontinued operations                 (34) (369) 725  
Cash provided by (used for) investing activities                 (2,192) (2,195) 7,518  
Financing Activities                        
Changes in short-term notes payable                 307 (178) 268  
Proceeds from issuance of long-term debt                 2,287 1,999 0  
Payments on long-term debt                 (5,561) (3,054) (617)  
Purchases of treasury stock                 (500) 0 0 $ (8,100)
Proceeds from issuance of parent company stock                 93 112 66  
Proceeds from sales of common stock                 0 0 423  
Transaction financing, debt issuance and other costs                 (119) (70) 0  
Employee taxes paid for share-based payment arrangements                 (60) (77) (81)  
Distributions to noncontrolling interests                 (77) (135) (101)  
Purchases of noncontrolling interests                 (297) 0 0  
Dividends paid to stockholders                 (1,550) 0 (2,179)  
Dividends paid to parent                 (535) (3,711) (1,056)  
Settlements and transfers related to separation from DowDuPont Inc.                 1,935 (240) 6  
Other financing activities, net                 0 3 (4)  
Cash used for financing activities - continuing operations                 (4,077) (5,351) (3,275)  
Cash used for financing activities - discontinued operations                 (18) (53) (50)  
Cash used for financing activities                 (4,095) (5,404) (3,325)  
Effect of exchange rate changes on cash, cash equivalents and restricted cash                 (27) (99) 320  
Summary                        
Decrease in cash, cash equivalents and restricted cash                 (384) (3,444) (416)  
Cash, cash equivalents and restricted cash at beginning of year       $ 2,764       $ 6,208 2,764 6,208 6,624  
Cash, cash equivalents and restricted cash at end of year 2,380       2,764       2,380 2,764 6,208  
Less: Restricted cash and cash equivalents, included in Other current assets 13       40       13 40 19  
Cash and cash equivalents at end of year $ 2,367       $ 2,724       $ 2,367 $ 2,724 $ 6,189