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CONSOLIDATED STATEMENT OF CASH FLOWS (USD $)
In Millions, unless otherwise specified
3 Months Ended
Mar. 31, 2014
Mar. 31, 2013
Cash flows from operating activities:    
Net income $ 2,384 $ 3,032
Adjustments to reconcile net income to cash provided by operating activities    
Depreciation 802 822
Amortization of intangibles 339 331
Stock-based compensation 124 144
Net (gain)/loss on asset sales and other (161) (62)
Changes in operating assets and liabilities, net of acquisitions/divestitures (162) (244)
Net cash provided by operating activities 3,326 4,023
Cash flows from investing activities:    
Payments for property, plant and equipment (849) (714)
Proceeds from disposition of property, plant and equipment 74 123
Investment in software (112) (139)
Acquisition of businesses, net of cash acquired (264) (58)
Divestitures of businesses, net of cash transferred 391 10
Non-operating finance receivables - net 665 732
Purchases of marketable securities and other investments (477) (2,136)
Proceeds from disposition of marketable securities and other investments 608 1,169
Net cash provided by/(used in) investing activities 35 (1,012)
Cash flows from financing activities:    
Proceeds from new debt 4,875 2,685
Payments to settle debt (1,507) (857)
Short-term borrowings/(repayments) less than 90 days - net 845 (1,359)
Common stock repurchases (8,166) (2,593)
Common stock transactions - other 270 356
Cash dividends paid (990) (948)
Net cash used in financing activities (4,673) (2,716)
Effect of exchange rate changes on cash and cash equivalents 5 (121)
Net change in cash and cash equivalents (1,307) 173
Cash and cash equivalents at January 1 10,716 10,412
Cash and cash equivalents at March 31 $ 9,409 $ 10,585