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Condensed Consolidated Statement of Cash Flows - USD ($)
$ in Millions
9 Months Ended
Sep. 30, 2017
Sep. 30, 2016
Proceeds from Divestiture of Businesses, Net of Cash Divested $ 593 $ 0
Proceeds from Sale of Productive Assets 0 41
Operating activities:    
Net income attributable to controlling and noncontrolling interests 1,460 551
Less: Income from discontinued operations (220) (77)
Income from continuing operations 1,240 474
Adjustments to reconcile net income to cash from operations:    
Depreciation and amortization 340 331
Pension expense 51 58
Pension settlement charge 22 968
Stock-based compensation expense 33 37
Gain (Loss) on Disposition of Business (25) 0
Gain (Loss) on Sale of Equity Investments 0 20
Equity affiliate earnings, net of distributions received 0 (5)
Deferred income tax benefit (55) (58)
Cash contributions to pension plans (43) (74)
Cash used for restructuring actions (31) (42)
Cash Paid for Asbestos Settlement Funding 0 (813)
Change in certain asset and liability accounts:    
Receivables (350) (256)
Inventories (200) (43)
Other current assets (40) (14)
Accounts payable and accrued liabilities 223 161
Taxes and interest payable (112) (93)
Noncurrent assets and liabilities, net (103) 43
Other 70 (4)
Cash from operating activities - continuing operations 1,020 650
Cash from operating activities - discontinued operations 12 126
Cash from operating activities 1,032 776
Investing activities:    
Capital expenditures (207) (239)
Business acquisitions, net of cash balances acquired (69) (321)
Proceeds from maturity of short-term investments 0 92
Payments for the settlement of cross currency swap contracts (34) (36)
Proceeds from the settlement of cross currency swap and foreign currency contracts 37 37
Other 0 14
Cash from (used for) investing activities - continuing operations 220 (412)
Cash used for investing activities - discontinued operations (4) (33)
Cash from (used for) investing activities 216 (445)
Payments to Acquire Equity Method Investments (100) 0
Financing activities:    
Net change in borrowing with maturities of three months or less (6) (22)
Net (payments) proceeds on commercial paper and short-term debt (81) 297
Repayment of long-term debt (9) (253)
Purchase of treasury stock (413) (400)
Issuance of treasury stock 45 29
Dividends paid (321) (309)
Payments Related to Tax Withholding for Share-based Compensation (25) (25)
Other (41) (9)
Cash used for financing activities (851) (692)
Effect of currency exchange rate changes on cash and cash equivalents 70 (21)
Net increase (decrease) in cash and cash equivalents 467 (382)
Cash and cash equivalents, beginning of period 1,820 1,311
Cash and cash equivalents, end of period 2,287 929
Interest paid, net of amount capitalized 60 80
Taxes paid, net of refunds $ 481 $ 276