XML 51 R6.htm IDEA: XBRL DOCUMENT v3.2.0.727
CONSOLIDATED STATEMENT OF CASH FLOWS - USD ($)
$ in Millions
6 Months Ended
Jun. 30, 2015
Jun. 30, 2014
Cash flows from operating activities:    
Net income $ 5,777 $ 6,521
Adjustments to reconcile net income to cash provided by operating activities    
Depreciation 1,335 1,628
Amortization of intangibles 594 679
Stock-based compensation 257 266
Net (gain)/loss on asset sales and other 152 (425)
Loss on microelectronics business disposal 37  
Changes in operating assets and liabilities, net of acquisitions/divestitures (659) (1,763)
Net cash provided by operating activities 7,494 6,905
Cash flows from investing activities:    
Payments for property, plant and equipment (1,722) (1,757)
Proceeds from disposition of property, plant and equipment 182 183
Investment in software (290) (222)
Acquisition of businesses, net of cash acquired (708) (603)
Divestitures of businesses, net of cash transferred 81 408
Non-operating finance receivables - net 1,338 619
Purchases of marketable securities and other investments (1,716) (836)
Proceeds from disposition of marketable securities and other investments 1,464 1,242
Net cash used in investing activities (1,371) (965)
Cash flows from financing activities:    
Proceeds from new debt 2,765 5,397
Payments to settle debt (4,463) (2,808)
Short-term borrowings/(repayments) less than 90 days - net 177 3,991
Common stock repurchases (2,303) (11,828)
Common stock transactions - other 221 401
Cash dividends paid (2,366) (2,086)
Net cash used in financing activities (5,970) (6,933)
Effect of exchange rate changes on cash and cash equivalents (236) (8)
Net change in cash and cash equivalents (83) (1,000)
Cash and cash equivalents at January 1 8,476 10,716
Cash and cash equivalents at June 30 $ 8,393 $ 9,715