XML 30 R7.htm IDEA: XBRL DOCUMENT v3.6.0.2
Consolidated Statements Of Cash Flows - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2016
Dec. 31, 2015
Dec. 31, 2014
Operating Activities      
Net Income $ 13,333 $ 13,687 $ 6,736
Adjustments to reconcile net income to net cash provided by operating activities:      
Depreciation and amortization 25,847 22,016 18,273
Undistributed earnings from investments in equity affiliates (37) (49) (27)
Provision for uncollectible accounts 1,474 1,416 1,032
Deferred income tax expense 2,947 4,117 1,948
Net (gain) loss from sale of investments, net of impairments (169) 91 (1,461)
Actuarial loss (gain) on pension and postretirement benefits 1,024 (2,152) 7,869
Asset abandonments and impairments 361 35 2,120
Changes in operating assets and liabilities:      
Accounts receivable (1,003) 30 (693)
Other current assets 1,708 (1,182) (1,018)
Accounts payable and accrued liabilities 118 1,354 2,310
Equipment installment receivables and related sales (576) (3,023) (5,043)
Deferred fulfillment costs (2,359) (1,437) (347)
Retirement benefit funding (910) (735) (560)
Other - net (2,414) 1,712 199
Total adjustments 26,011 22,193 24,602
Net Cash Provided by Operating Activities 39,344 35,880 31,338
Investing Activities      
Purchase of property and equipment (21,516) (19,218) (21,199)
Interest during construction (892) (797) (234)
Acquisitions, net of cash acquired (2,959) (30,759) (3,141)
Disposition 646 83 8,123
Sales (purchases) of securities, net 506 1,545 (1,890)
Other 0 2 4
Net Cash Used in Investing Activities (24,215) (49,144) (18,337)
Financing Activities      
Net change in short-term borrowings with original maturities of three months or less 0 (1) (16)
Issuance of long-term debt 10,140 33,969 15,926
Repayment of long-term debt (10,823) (10,042) (10,400)
Issuance of other long-term financing obligations 0 0 107
Purchase of treasury stock (512) (269) (1,617)
Issuance of treasury stock 146 143 39
Dividends paid (11,797) (10,200) (9,552)
Other (1,616) (3,818) (2,224)
Net Cash (Used in) Provided by Financing Activities (14,462) 9,782 (7,737)
Net increase (decrease) in cash and cash equivalents 667 (3,482) 5,264
Cash and cash equivalents beginning of year 5,121 8,603 3,339
Cash and Cash Equivalents End of Year $ 5,788 $ 5,121 $ 8,603