CONSOLIDATED STATEMENT OF CASH FLOWS - USD ($) $ in Millions	6 Months Ended
	Jun. 30, 2018	Jun. 30, 2017
Cash flows from operating activities:
Net income	$ 4,083	$ 4,082
Adjustments to reconcile net income to cash provided by operating activities
Depreciation	1,547	1,439
Amortization of intangibles	683	777
Stock-based compensation	242	265
Net (gain)/loss on asset sales and other	6	74
Changes in operating assets and liabilities, net of acquisitions/divestitures	336	785
Net cash provided by operating activities	6,896	7,421
Cash flows from investing activities:
Payments for property, plant and equipment	(1,801)	(1,425)
Proceeds from disposition of property, plant and equipment	180	136
Investment in software	(275)	(278)
Acquisition of businesses, net of cash acquired	(122)	(169)
Divestitures of businesses, net of cash transferred		29
Non-operating finance receivables - net	422	816
Purchases of marketable securities and other investments	(2,811)	(2,357)	[1]
Proceeds from disposition of marketable securities and other investments	2,009	1,883
Net cash used in investing activities	(2,399)	(1,365)	[1]
Cash flows from financing activities:
Proceeds from new debt	2,506	5,835
Payments to settle debt	(3,654)	(2,106)
Short-term borrowings/(repayments) less than 90 days - net	397	(973)
Common stock repurchases	(1,767)	(2,725)
Common stock repurchases for tax withholdings	(143)	(147)
Financing - other	52	97
Cash dividends paid	(2,819)	(2,724)
Net cash used in financing activities	(5,428)	(2,743)
Effect of exchange rate changes on cash, cash equivalents and restricted cash	(344)	547
Net change in cash, cash equivalents and restricted cash	(1,274)	3,860	[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	$ 10,960	$ 11,932	[1]

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