XML 67 R5.htm IDEA: XBRL DOCUMENT v2.4.0.8
Consolidated Statements Of Cash Flows (USD $)
In Millions, unless otherwise specified
3 Months Ended
Mar. 31, 2014
Mar. 31, 2013
Operating Activities    
Net earnings including noncontrolling interests $ 268 $ 270
Adjustments to reconcile net earnings to net cash provided by (used in) operating activities    
Depreciation and amortization 219 227
Deferred income taxes (66) (6)
Equity in earnings of affiliates, net of dividends (100) (79)
Stock compensation expense 20 15
Pension and postretirement accruals (contributions), net 2 8
Deferred cash flow hedges (97) 12
Other - net (18) (85)
Changes in operating assets and liabilities, net of businesses acquired    
Segregated cash and investments (247) (243)
Trade receivables 433 (146)
Inventories 28 1,386
Other current assets 189 81
Trade payables (851) (1,552)
Increase (Decrease) in Payables to Brokerage Customers 237 404
Accrued expenses and other payables (375) 65
Total Operating Activities (358) 357
Investing Activities    
Purchases of property, plant, and equipment (188) (248)
Proceeds from sales of property, plant, and equipment 6 10
Net assets of businesses acquired 0 (16)
Purchases of marketable securities (362) (115)
Proceeds from sales of marketable securities 321 506
Distributions from affiliates 78 31
Other - net 0 1
Total Investing Activities (145) 169
Financing Activities    
Long-term debt borrowings 1 17
Long-term debt payments (1,154) (250)
Net borrowings (payments) under lines of credit agreements (63) (441)
Purchases of treasury stock (175) 0
Cash dividends (158) (125)
Other - net 14 7
Total Financing Activities (1,535) (792)
Increase (decrease) in cash and cash equivalents (2,038) (266)
Cash and cash equivalents - beginning of period 3,121 1,714
Cash and cash equivalents - end of period $ 1,083 $ 1,448