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Consolidated Statements of Cash Flows - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2015
Dec. 31, 2014
Dec. 31, 2013
Cash flows from operating activities:      
Net income (loss) $ (667) $ 3,501 $ 2,135
Restructuring Charges 2,177 129 0
Severance Costs (304) (28) 0
Adjustments to reconcile net income (loss) to net cash flows from operating activities:      
Depreciation, depletion, and amortization 1,835 2,126 1,900
Environmental Expense and Liabilities (333) (569) 1,000
Deferred income tax benefit, continuing operations (224) (454) (132)
Other changes:      
Receivables 1,468 (1,381) (449)
Accounts payable (603) 489 327
Increase (Decrease) in Inventories (153) 271 107
Other (596) 520 (227)
Total cash flows from operating activities 2,906 4,062 4,447
Cash flows from investing activities:      
Capital expenditures (2,184) (3,283) (2,934)
Proceeds from Sale of Available-for-sale Securities 106 444  
Proceeds from Sale and Maturity of Marketable Securities     356
Purchases of investment securities (109) (183) (329)
Sales of property, plant, and equipment 168 338 241
Payments to acquire businesses, net of cash acquired (39) (231) (94)
Other investing activities (134) (223) (110)
Total cash flows from investing activities (2,192) (3,138) (2,870)
Cash flows from financing activities:      
Proceeds from Issuance of Long-term Debt 7,440 0 2,968
Payments of Ordinary Dividends, Common Stock 614 533 465
Proceeds from Stock Options Exercised 167 332 277
Payments to reacquire common stock 0 (800) (4,356)
Other financing activities 88 (29) (178)
Total cash flows from financing activities 7,081 (1,030) (1,754)
Effect of exchange rate changes on cash (9) 41 49
Increase (decrease) in cash and equivalents 7,786 (65) (128)
Cash and equivalents at beginning of year 2,291 2,356 2,484
Cash and equivalents at end of year 10,077 2,291 2,356
Cash payments during the period for:      
Interest 380 384 293
Income taxes $ 370 $ 1,269 $ 913