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Consolidated Statements of Cash Flows - USD ($)
$ in Millions
3 Months Ended
Mar. 31, 2021
Mar. 31, 2020
Cash used for operating activities    
Net income $ 603 $ 282
Provision for Deferred Income Tax 47 26
Net Periodic Pension and OPEB benefit, net (318) (85)
Pension and OPEB Contributions (84) (95)
Net loss (gain) on sales of property, businesses, consolidated companies, and investments 0 46
Restructuring and Asset related charges, net 100 70
Other net loss 54 138
Accounts and notes receivable (2,012) (1,685)
Inventories 467 398
Accounts Payable (448) (557)
Deferred Revenue (401) (575)
Other Assets and Liabilities (262) (176)
Cash used for operating activities (1,950) (1,930)
Cash provided by (used for) investing activities    
Capital expenditures (137) (128)
Proceeds from the sale of property, businesses, and consolidated companies, net of cash divested 20 11
Purchases of investments (40) (67)
Proceeds from Sale and Maturities of Investments 194 58
Other investing activities - net (1) (4)
Cash provided by (used for) investing activities 36 (130)
Cash provided by financing activities    
Net change in borrowings (less than 90 days) 828 1,619
Proceeds from debt 419 875
Payments on Debt 0 (1)
Repurchase of Common Stock (350) (50)
Proceeds from Exercise of Stock Options 38 14
Dividends paid to stockholders (97) (97)
Other financing activities (17) (16)
Cash provided by financing activities 821 2,344
Effect of Exchange Rate Changes on Cash, Cash Equivalents and Restricted Cash (50) (117)
Increase (Decrease) in Cash, Cash Equivalents, Restricted Cash (1,143) 167
Cash, Cash Equivalents and Restricted Cash at Beginning of Period 3,873 2,173
Cash, Cash Equivalents and Restricted Cash at End of Period [1] 2,730 2,340
EID [Member]    
Cash used for operating activities    
Net income 592 258
Depreciation and Amortization 304 283
Provision for Deferred Income Tax 47 26
Net Periodic Pension and OPEB benefit, net (318) (85)
Pension and OPEB Contributions (84) (95)
Net loss (gain) on sales of property, businesses, consolidated companies, and investments 0 46
Restructuring and Asset related charges, net 100 70
Other net loss 54 138
Accounts and notes receivable (2,012) (1,685)
Inventories 467 398
Accounts Payable (448) (557)
Deferred Revenue (401) (575)
Other Assets and Liabilities (247) (144)
Cash used for operating activities (1,946) (1,922)
Cash provided by (used for) investing activities    
Capital expenditures (137) (128)
Proceeds from the sale of property, businesses, and consolidated companies, net of cash divested 20 11
Purchases of investments (40) (67)
Proceeds from Sale and Maturities of Investments 194 58
Other investing activities - net (1) (4)
Cash provided by (used for) investing activities 36 (130)
Cash provided by financing activities    
Net change in borrowings (less than 90 days) 828 1,619
Repayments of Related Party Debt (447) (148)
Proceeds from debt 419 875
Payments on Debt 0 (1)
Proceeds from Exercise of Stock Options 38 14
Other financing activities (21) (23)
Cash provided by financing activities 817 2,336
Effect of Exchange Rate Changes on Cash, Cash Equivalents and Restricted Cash (50) (117)
Increase (Decrease) in Cash, Cash Equivalents, Restricted Cash (1,143) 167
Cash, Cash Equivalents and Restricted Cash at Beginning of Period 3,873 2,173
Cash, Cash Equivalents and Restricted Cash at End of Period 2,730 2,340
Total company [Member]    
Cash used for operating activities    
Depreciation and Amortization 304 283
Restructuring and Asset related charges, net 100 70
Total company [Member] | EID [Member]    
Cash used for operating activities    
Depreciation and Amortization 304 283
Restructuring and Asset related charges, net $ 100 $ 70
[1] See page 15 for reconciliation of cash and cash equivalents and restricted cash presented in interim Condensed Consolidated Balance Sheets to total cash, cash equivalents and restricted cash presented in the interim Consolidated Statements of Cash Flows.