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Consolidated Statements of Cash Flows - USD ($)
$ in Millions
3 Months Ended
Mar. 31, 2023
Mar. 31, 2022
Cash provided by (used for) operating activities    
Net income $ 599 $ 567
Provision for (benefit from) Deferred Income Tax (85) (37)
Net Periodic Pension and OPEB benefit, net 36 (71)
Pension and OPEB Contributions (50) (55)
Net loss (gain) on sales of property, businesses, consolidated companies, and investments 1 3
Restructuring and Asset related charges, net 33 5
Other net loss 48 104
Accounts and notes receivable (2,708) (2,372)
Inventories 324 234
Accounts Payable (908) (406)
Deferred Revenue (685) (782)
Other Assets and Liabilities (203) (227)
Cash provided by (used for) operating activities (3,311) (2,730)
Cash provided by (used for) investing activities    
Capital expenditures (151) (179)
Proceeds from the sale of property, businesses, and consolidated companies, net of cash divested 21 5
Payments to Acquire Businesses, Net of Cash Acquired (1,463) 0
Investments in and loans to nonconsolidated affiliates 0 (6)
Purchases of investments 0 (234)
Proceeds from Sale and Maturities of Investments 40 10
Proceeds from Hedge, Investing Activities 42 0
Cash provided by (used for) investing activities (1,511) (404)
Cash provided by (used for) financing activities    
Net change in borrowings (less than 90 days) 3,084 744
Proceeds from debt 626 311
Payments on Debt (56) 0
Repurchase of Common Stock (252) (235)
Proceeds from Exercise of Stock Options 7 40
Dividends paid to stockholders (107) (102)
Other financing activities (28) (44)
Cash provided by (used for) financing activities 3,274 714
Effect of Exchange Rate Changes on Cash, Cash Equivalents and Restricted Cash (2) (31)
Increase (Decrease) in Cash, Cash Equivalents, Restricted Cash (1,550) (2,451)
Cash, Cash Equivalents and Restricted Cash at Beginning of Period 3,618 4,836
Cash, Cash Equivalents and Restricted Cash at End of Period [1] 2,068 2,385
EID [Member]    
Cash provided by (used for) operating activities    
Net income 589 560
Provision for (benefit from) Deferred Income Tax (85) (37)
Net Periodic Pension and OPEB benefit, net 36 (71)
Pension and OPEB Contributions (50) (55)
Net loss (gain) on sales of property, businesses, consolidated companies, and investments 1 3
Restructuring and Asset related charges, net 33 5
Other net loss 48 104
Accounts and notes receivable (2,708) (2,372)
Inventories 324 234
Accounts Payable (908) (406)
Deferred Revenue (685) (782)
Other Assets and Liabilities (188) (217)
Cash provided by (used for) operating activities (3,306) (2,727)
Cash provided by (used for) investing activities    
Capital expenditures (151) (179)
Proceeds from the sale of property, businesses, and consolidated companies, net of cash divested 21 5
Payments to Acquire Businesses, Net of Cash Acquired (1,463) 0
Investments in and loans to nonconsolidated affiliates 0 (6)
Purchases of investments 0 (234)
Proceeds from Sale and Maturities of Investments 40 10
Proceeds from Hedge, Investing Activities 42 0
Cash provided by (used for) investing activities (1,511) (404)
Cash provided by (used for) financing activities    
Net change in borrowings (less than 90 days) 3,084 744
Proceeds from Related Party Debt 0 0
Repayments of Related Party Debt (361) (337)
Proceeds from debt 626 311
Payments on Debt (56) 0
Proceeds from Exercise of Stock Options 7 40
Other financing activities (31) (47)
Cash provided by (used for) financing activities 3,269 711
Effect of Exchange Rate Changes on Cash, Cash Equivalents and Restricted Cash (2) (31)
Increase (Decrease) in Cash, Cash Equivalents, Restricted Cash (1,550) (2,451)
Cash, Cash Equivalents and Restricted Cash at Beginning of Period 3,618 4,836
Cash, Cash Equivalents and Restricted Cash at End of Period 2,068 2,385
Total company [Member]    
Cash provided by (used for) operating activities    
Depreciation and Amortization 287 307
Restructuring and Asset related charges, net 33 5
Total company [Member] | EID [Member]    
Cash provided by (used for) operating activities    
Depreciation and Amortization 287 307
Restructuring and Asset related charges, net $ 33 $ 5
[1] See page 16 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.