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Statement of Cash Flows (USD $)
In Millions
6 Months Ended
Jun. 30, 2011
Jun. 30, 2010
Cash flows from operating activities:    
Net income $ 1,252 $ 690
Adjustments to reconcile net income to net cash flows from operating activities:    
Depreciation, depletion, and amortization 651 533
Payments related to KBR TSKJ matters (6) (94)
Other changes:    
Receivables (583) (547)
Accounts payable 397 296
Inventories (290) (162)
Other (33) 92
Total cash flows from operating activities 1,388 808
Cash flows from investing activities:    
Capital expenditures (1,423) (855)
Sales of marketable securities 701 550
Purchases of marketable securities (501) (1,182)
Acquisitions of business assets, net of cash acquired (70) (190)
Other investing activities 50 82
Total cash flows from investing activities (1,243) (1,595)
Cash flows from financing activities:    
Dividends to shareholders (165) (163)
Proceeds from exercises of stock options 93 40
Other financing activities (13) 5
Total cash flows from financing activities (85) (118)
Effect of exchange rate changes on cash (20) (17)
Increase (decrease) in cash and equivalents 40 (922)
Cash and equivalents at beginning of period 1,398 2,082
Cash and equivalents at end of period 1,438 1,160
Cash payments during the period for:    
Interest 136 155
Income taxes $ 536 $ 361