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Consolidated Statements of Cash Flows - USD ($)
$ in Millions
6 Months Ended
Jun. 30, 2022
Jun. 30, 2021
Cash provided by (used for) operating activities    
Net income $ 1,539 $ 1,576
Provision for (benefit from) Deferred Income Tax (79) 124
Net Periodic Pension and OPEB benefit, net (138) (641)
Pension and OPEB Contributions (113) (149)
Net loss (gain) on sales of property, businesses, consolidated companies, and investments (1) (1)
Restructuring and Asset related charges, net 148 235
Other net loss 99 143
Accounts and notes receivable (2,331) (1,957)
Inventories 905 1,334
Accounts Payable (488) (525)
Deferred Revenue (2,450) (1,931)
Other Assets and Liabilities 679 532
Cash provided by (used for) operating activities (1,621) (643)
Cash provided by (used for) investing activities    
Capital expenditures (318) (269)
Proceeds from the sale of property, businesses, and consolidated companies, net of cash divested 12 26
Investments in and loans to nonconsolidated affiliates (6) (1)
Purchases of investments (236) (56)
Proceeds from Sale and Maturities of Investments 93 285
Other investing activities - net 20 (2)
Cash provided by (used for) investing activities (435) (17)
Cash provided by (used for) financing activities    
Net change in borrowings (less than 90 days) 325 254
Proceeds from debt 772 419
Payments on Debt (204) 0
Repurchase of Common Stock (600) (550)
Proceeds from Exercise of Stock Options 62 66
Dividends paid to stockholders (203) (192)
Other financing activities (46) (24)
Cash provided by (used for) financing activities 106 (27)
Effect of Exchange Rate Changes on Cash, Cash Equivalents and Restricted Cash (116) (14)
Increase (Decrease) in Cash, Cash Equivalents, Restricted Cash (2,066) (701)
Cash, Cash Equivalents and Restricted Cash at Beginning of Period 4,836 3,873
Cash, Cash Equivalents and Restricted Cash at End of Period [1] 2,770 3,172
EID [Member]    
Cash provided by (used for) operating activities    
Net income 1,525 1,555
Depreciation and Amortization 609 617
Provision for (benefit from) Deferred Income Tax (79) 124
Net Periodic Pension and OPEB benefit, net (138) (641)
Pension and OPEB Contributions (113) (149)
Net loss (gain) on sales of property, businesses, consolidated companies, and investments (1) (1)
Restructuring and Asset related charges, net 148 235
Other net loss 99 143
Accounts and notes receivable (2,331) (1,957)
Inventories 905 1,334
Accounts Payable (488) (525)
Deferred Revenue (2,450) (1,931)
Other Assets and Liabilities 681 533
Cash provided by (used for) operating activities (1,633) (663)
Cash provided by (used for) investing activities    
Capital expenditures (318) (269)
Proceeds from the sale of property, businesses, and consolidated companies, net of cash divested 12 26
Investments in and loans to nonconsolidated affiliates (6) (1)
Purchases of investments (236) (56)
Proceeds from Sale and Maturities of Investments 93 285
Other investing activities - net 20 (2)
Cash provided by (used for) investing activities (435) (17)
Cash provided by (used for) financing activities    
Net change in borrowings (less than 90 days) 325 254
Proceeds from Related Party Debt 19 29
Repayments of Related Party Debt (805) (743)
Proceeds from debt 772 419
Payments on Debt (204) 0
Proceeds from Exercise of Stock Options 62 66
Other financing activities (51) (32)
Cash provided by (used for) financing activities 118 (7)
Effect of Exchange Rate Changes on Cash, Cash Equivalents and Restricted Cash (116) (14)
Increase (Decrease) in Cash, Cash Equivalents, Restricted Cash (2,066) (701)
Cash, Cash Equivalents and Restricted Cash at Beginning of Period 4,836 3,873
Cash, Cash Equivalents and Restricted Cash at End of Period 2,770 3,172
Total company [Member]    
Cash provided by (used for) operating activities    
Depreciation and Amortization 609 617
Restructuring and Asset related charges, net 148 235
Total company [Member] | EID [Member]    
Cash provided by (used for) operating activities    
Depreciation and Amortization 609 617
Restructuring and Asset related charges, net $ 148 $ 235
[1] See page 15 for reconciliation of cash and cash equivalents and restricted cash equivalents presented in interim Consolidated Balance Sheets to total cash, cash equivalents and restricted cash equivalents presented in the interim Consolidated Statements of Cash Flows.