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CONSOLIDATED STATEMENT OF CASH FLOWS (USD $)
In Millions, unless otherwise specified
3 Months Ended
Mar. 31, 2012
Mar. 31, 2011
Cash flows from operating activities:    
Net income $ 3,066 [1] $ 2,863
Adjustments to reconcile net income to cash provided by operating activities    
Depreciation 847 918
Amortization of intangibles 310 310
Stock-based compensation 168 170
Net (gain)/loss on asset sales and other (143) (320)
Changes in operating assets and liabilities, net of acquisitions/divestitures 43 (147)
Net cash provided by operating activities 4,291 3,792 [1]
Cash flows from investing activities:    
Payments for property, plant and equipment (937) (1,002)
Proceeds from disposition of property, plant and equipment 95 87
Investment in software (160) (143)
Acquisition of businesses, net of cash acquired (1,319) (51)
Non-operating finance receivables - net 636 541
Purchases of marketable securities and other investments (1,227) (415)
Proceeds from disposition of marketable securities and other investments 681 1,481
Net cash provided by/(used in) investing activities (2,230) [1] 498
Cash flows from financing activities:    
Proceeds from new debt 3,906 1,054
Payments to settle debt (848) (1,539)
Short-term borrowings/(repayments) less than 90 days - net (2,107) 2,135
Common stock repurchases (3,015) (4,045)
Common stock transactions - other 619 877
Cash dividends paid (870) (795)
Net cash used in financing activities (2,316) [1] (2,314) [1]
Effect of exchange rate changes on cash and cash equivalents 167 126
Net change in cash and cash equivalents (87) [1] 2,102
Cash and cash equivalents at January 1 11,922 10,661
Cash and cash equivalents at March 31 $ 11,835 $ 12,763
[1] Amounts may not add due to rounding.