CONSOLIDATED STATEMENT OF CASH FLOWS - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2018	Mar. 31, 2017
Cash flows from operating activities:
Net income	$ 1,679	$ 1,750
Adjustments to reconcile net income to cash provided by operating activities
Depreciation	774	709
Amortization of intangibles	340	390
Stock-based compensation	116	129
Net (gain)/loss on asset sales and other	34	13
Changes in operating assets and liabilities, net of acquisitions/divestitures	1,658	964
Net cash provided by operating activities	4,602	3,955
Cash flows from investing activities:
Payments for property, plant and equipment	(870)	(740)
Proceeds from disposition of property, plant and equipment	103	58
Investment in software	(126)	(137)
Acquisition of businesses, net of cash acquired	(71)	(109)
Divestitures of businesses, net of cash transferred		(1)
Non-operating finance receivables - net	(89)	1,570
Purchases of marketable securities and other investments	(1,521)	(1,320)	[1]
Proceeds from disposition of marketable securities and other investments	810	981
Net cash (used in)/provided by investing activities	(1,764)	303	[1]
Cash flows from financing activities:
Proceeds from new debt	2,170	2,887
Payments to settle debt	(3,295)	(1,531)
Short-term borrowings/(repayments) less than 90 days - net	412	(880)
Common stock repurchases	(777)	(1,293)
Common stock repurchases for tax withholdings	(53)	(50)
Financing - other	16	54
Cash dividends paid	(1,382)	(1,321)
Net cash used in financing activities	(2,909)	(2,134)
Effect of exchange rate changes on cash, cash equivalents and restricted cash	100	100
Net change in cash, cash equivalents and restricted cash	28	2,223	[1]
Cash, cash equivalents and restricted cash at beginning of period	12,234	8,073	[1]
Cash, cash equivalents and restricted cash at end of period	$ 12,262	$ 10,296	[1]

[1] Recast to reflect adoption of the FASB guidance on restricted cash.