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Condensed Consolidated Statement of Cash Flows (Unaudited) (USD $)
In Millions
9 Months Ended
Sep. 30, 2011
Sep. 30, 2010
Cash flows from operating activities:  
Net income$ 1,937$ 1,235
Adjustments to reconcile net income to net cash flows from operating activities:  
Depreciation, depletion, and amortization991817
Payments related to KBR TSKJ matters(6)(142)
(Income) loss from discontinued operations, net166(60)
Other changes:  
Receivables(988)(716)
Accounts payable598286
Inventories(468)(280)
Other136222
Total cash flows from operating activities2,3661,362
Cash flows from investing activities:  
Capital expenditures(2,164)(1,412)
Sales of marketable securities7511,600
Purchases of marketable securities(501)(1,182)
Acquisitions of business assets, net of cash acquired(70)(383)
Other investing activities106122
Total cash flows from investing activities(1,878)(1,255)
Cash flows from financing activities:  
Dividends to shareholders(247)(245)
Proceeds from exercises of stock options15778
Other financing activities2(129)
Total cash flows from financing activities(88)(296)
Effect of exchange rate changes on cash(23)(18)
Increase (decrease) in cash and equivalents377(207)
Cash and equivalents at beginning of period1,3982,082
Cash and equivalents at end of period1,7751,875
Cash payments during the period for:  
Interest260289
Income taxes$ 871$ 529