XML 36 R6.htm IDEA: XBRL DOCUMENT v2.4.0.6
Condensed Consolidated Statements of Cash Flows (USD $)
In Millions, unless otherwise specified
3 Months Ended
Mar. 31, 2013
Mar. 31, 2012
Cash Flows from Operating Activities    
Net Income $ 4,855 $ 3,906
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization expense 4,118 4,028
Employee retirement benefits 295 375
Deferred income taxes 878 656
Provision for uncollectible accounts 260 278
Equity in earnings of unconsolidated businesses, net of dividends received 14 (89)
Changes in current assets and liabilities, net of effects from acquisition/disposition of businesses (1,491) (1,580)
Other, net (1,398) (1,617)
Net cash provided by operating activities 7,531 5,957
Cash Flows from Investing Activities    
Capital expenditures (including capitalized software) (3,602) (3,565)
Acquisitions of investments and businesses, net of cash acquired (21) (140)
Acquisitions of wireless licenses, net (117) (25)
Net change in short-term investments 18 16
Other, net 123 41
Net cash used in investing activities (3,599) (3,673)
Cash Flows from Financing Activities    
Proceeds from long-term borrowings 500  
Repayments of long-term borrowings and capital lease obligations (73) (1,828)
Increase (decrease) in short-term obligations, excluding current maturities 581 (1,734)
Dividends paid (1,472) (1,291)
Proceeds from sale of common stock 56 69
Purchase of common stock for treasury (153)  
Special distribution to noncontrolling interest   (4,500)
Other, net (989) (453)
Net cash used in financing activities (1,550) (9,737)
Increase (decrease) in cash and cash equivalents 2,382 (7,453)
Cash and cash equivalents, beginning of period 3,093 13,362
Cash and cash equivalents, end of period $ 5,475 $ 5,909